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+0.0146%/8h= +16.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.114%
Price spread now: Injective against Reya+2.592%52s7-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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 2.592% dearer against Reya than usual: you sell high and buy low: +$259 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya GRASSRUSDPERP0.4159−0.0113get 0.0014% / 1h6m 07s$62515x
ShortInjective GRASS/USDC PERP0.42670.0033get 0.0004% / 1h6m 07s$7$23K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$30.66
Price spread: +2.592% → 0.000%
$259.19
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$283.83
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample
Reya and Injective: 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%1h0.4159long leg$62515x
Injective GRASS/USDC PERPshort+0.0033%1h0.4267+2.592%$7$23K5.5x
Binance GRASSUSDT+0.0100%4h0.4166+0.170%$9.8M$25.1M75xas long as short
Bybit GRASSUSDT+0.0100%4h0.4162+0.067%$23.5M$14.7M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4161+0.043%$3.0M$12.7M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4160+0.019%$1.1M$1.5M50xas long as short
MEXC GRASS_USDT+0.0100%4h0.4162+0.067%$1.1M$2.2M100xas long as short
Bitget GRASSUSDT+0.0100%4h0.4164+0.108%$4.9M$2.8M75xas long as short
BingX GRASS-USDT+0.0100%4h0.4161+0.043%$7.3Mas long as short
Variational Omni GRASS+0.0100%4h0.4160+0.030%$2.0M$1.2Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GRASS-USD+0.0104%1h0.4160+0.015%$205K$823K10xas long as short
KuCoin GRASSUSDTM+0.0126%4h0.4164+0.115%$1.3M$1.3M50xas long as short
BloFin GRASS-USDT+0.0127%4h0.4164+0.115%$521K$296K20xas long as short
Hyperliquid GRASS+0.0317%1h0.4169+0.240%$15.5M$3.6M3xas long as short
Aster GRASSUSDT+0.0661%4h0.4162+0.074%$64K$208K10xas long as short
Kraken Futures PF_GRASSUSD+0.1402%1h0.4163+0.099%$147K$124K20xas long as short
Lighter GRASS+0.2640%1h0.4182+0.539%$816K$774K5xas long as short