Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.066%

Price spread now: Binance against Reya+0.209%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.209% dearer against Reya than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya GRASSRUSDPERP	0.4178	−0.0112	get 0.0014% / 1h	16m 14s	$628	—	15x
Short	Binance GRASSUSDT	0.4187	0.0100	get 0.0050% / 4h	3h 16m	$9.9M	$26.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee BinancebpOrdersPrice spread, now +0.209%Rate

Funding earned: $44.54
Price spread: +0.209% → 0.000%: $20.86
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: $49.4
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Binance: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Reya no order-book sample	—	—	—	—	—
Sell Binance live order book, 10 min ago	3.60 bp	22.4 bp −$22	40.7 bp −$407	308.0 bp −$30.8K	doesn't fit

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GRASS on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya GRASSRUSDPERPlong	−0.0112%	1h	0.4178	long leg	$628	—	15x
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+2.121%	$7	$23K	5.5x	as long as short
Binance GRASSUSDTshort	+0.0100%	4h	0.4187	+0.209%	$9.9M	$26.6M	75x
Bybit GRASSUSDT	+0.0100%	4h	0.4180	+0.038%	$23.7M	$15.3M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4182	+0.086%	$3.1M	$13.7M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4171	−0.177%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4183	+0.110%	$1.2M	$2.2M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4178	−0.021%	$4.8M	$3.0M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4177	−0.033%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4175	−0.073%	$2.0M	$1.2M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRASS-USD	+0.0104%	1h	0.4182	+0.083%	$206K	$900K	10x	as long as short
BloFin GRASS-USDT	+0.0109%	4h	0.4178	−0.009%	$528K	$302K	20x	as long as short
KuCoin GRASSUSDTM	+0.0192%	4h	0.4182	+0.086%	$1.3M	$1.5M	50x	as long as short
Kraken Futures PF_GRASSUSD	+0.0279%	1h	0.4180	+0.050%	$149K	$127K	20x	as long as short
Hyperliquid GRASS	+0.0544%	1h	0.4185	+0.153%	$15.6M	$3.7M	3x	as long as short
Aster GRASSUSDT	+0.0570%	4h	0.4179	+0.012%	$67K	$208K	10x	as long as short
Lighter GRASS	+0.2040%	1h	0.4200	+0.512%	$820K	$782K	5x	as long as short