GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.2937%/8h= +321.6% APRnext payment +$3.67 per $10,000 · paid last 24h +0.262%

Price spread now: Lighter against Reya+0.324%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 Lighter

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 · Lighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$88 a day on $10k at the current rate, and Lighter is 0.324% dearer against Reya than usual: you sell high and buy low: +$32 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	0.4359	−0.0113	get 0.0014% / 1h	9m 16s	$655	—	15x
Short	Lighter GRASS	0.4373	0.2824	get 0.0353% / 1h	9m 16s	$853K	$762K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.324%Rate

Funding earned: $616.85
Price spread: +0.324% → 0.000%: $32.45
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: $643.3
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Lighter: live order book, 6 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 Lighter live order book, 6 min ago	91.65 bp	93.9 bp −$94	184.9 bp −$1,849	doesn't fit	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	−0.0113%	1h	0.4359	long leg	$655	—	15x
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−2.110%	$7	$23K	5.5x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4350	−0.205%	$24.5M	$13.2M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4346	−0.297%	$3.1M	$11.0M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4353	−0.137%	$1.2M	$1.4M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4346	−0.286%	$5.0M	$2.6M	75x	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4372	+0.297%	$2.1M	$1.2M	—	as long as short
KuCoin GRASSUSDTM	+0.0208%	4h	0.4351	−0.183%	$1.4M	$1.2M	50x	as long as short
Extended GRASS-USD	+0.0232%	1h	0.4352	−0.157%	$215K	$823K	10x	as long as short
Binance GRASSUSDT	+0.0235%	4h	0.4354	−0.114%	$10.4M	$22.0M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC GRASS_USDT	+0.0242%	4h	0.4348	−0.251%	$1.3M	$1.9M	100x	as long as short
BingX GRASS-USDT	+0.0262%	4h	0.4349	−0.228%	—	$7.2M	—	as long as short
BloFin GRASS-USDT	+0.0278%	4h	0.4363	+0.093%	$547K	$290K	20x	as long as short
Hyperliquid GRASS	+0.0668%	1h	0.4354	−0.107%	$16.3M	$3.3M	3x	as long as short
Aster GRASSUSDT	+0.1129%	4h	0.4358	−0.022%	$73K	$185K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1472%	1h	0.4359	−0.008%	$157K	$110K	20x	as long as short
Lighter GRASSshort	+0.2824%	1h	0.4373	+0.324%	$853K	$762K	5x