Settings8H · net · $10k
Funding arb · Price arb /

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0396%/8h= +43.4% APRnext payment +$0.50 per $10,000 · paid last 24h +0.241%
Price spread now: Hyperliquid against Reya+0.491%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Hyperliquid is 0.491% dearer against Reya than usual: you sell high and buy low: +$49 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya GRASSRUSDPERP0.4137−0.0113get 0.0014% / 1h10m 54s$62215x
ShortHyperliquid GRASS0.41580.0284get 0.0035% / 1h10m 54s$15.5M$3.6M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$83.26
Price spread: +0.491% → 0.000%
$49.12
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$117.38
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Hyperliquid live order book, 12 min ago3.85 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya GRASSRUSDPERPlong−0.0113%1h0.4137long leg$62215x
Injective GRASS/USDC PERP+0.0033%1h0.4267+3.138%$7$23K5.5xas long as short
BloFin GRASS-USDT+0.0073%4h0.4155+0.431%$522K$295K20xas long as short
Binance GRASSUSDT+0.0100%4h0.4156+0.459%$9.8M$25.0M75xas long as short
Bybit GRASSUSDT+0.0100%4h0.4149+0.288%$23.4M$14.6M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4153+0.382%$3.0M$12.6M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4144+0.165%$1.1M$1.5M50xas long as short
MEXC GRASS_USDT+0.0100%4h0.4152+0.358%$1.2M$2.2M100xas long as short
Bitget GRASSUSDT+0.0100%4h0.4150+0.307%$4.8M$2.8M75xas long as short
BingX GRASS-USDT+0.0100%4h0.4150+0.310%$7.3Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GRASS+0.0100%4h0.4144+0.174%$2.0M$1.2Mas long as short
Extended GRASS-USD+0.0104%1h0.4152+0.357%$205K$823K10xas long as short
KuCoin GRASSUSDTM+0.0120%4h0.4150+0.310%$1.3M$1.3M50xas long as short
Hyperliquid GRASSshort+0.0284%1h0.4158+0.491%$15.5M$3.6M3x
Aster GRASSUSDT+0.0661%4h0.4152+0.358%$64K$208K10xas long as short
Kraken Futures PF_GRASSUSD+0.1407%1h0.4148+0.270%$147K$124K20xas long as short
Lighter GRASS+0.2608%1h0.4163+0.634%$813K$774K5xas long as short