Funding you earn now, next payment 00:00 UTC+0.0284%/8h= +31.1% APRnext payment +$1.42 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Variational Omni−0.080%7-day average +0.192% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 7 days+0.296%+$30 · spread now −0.080%, 7d avg +0.192%
=Together, before fees+0.296%+ Points / potential airdropVariational Omni: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.272% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of +0.192%). If the spread goes back, that is −$27 on $10k: about 3.2 days of funding at the current rate (+$9 a day). At the pace of the last 3 days (0.000% in total) that is about years.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni GRASS | 0.4485 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $2.2M | $1.1M | — |
| Short | Binance GRASSUSDT | 0.4481 | 0.0384 | get 0.0192% / 4h | 2h 17m | $11.0M | $15.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $59.56
- Price spread: −0.080% → +0.192%
- −$27.16
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $22.4
- Costs to cover
- 0.100%
- Break-even
- 4.4 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Binance: live order book, 8 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 Variational Omni RFQ quote, 2 min ago | 5.57 bp | doesn't fit | 43.5 bp −$435 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 2.24 bp | 16.5 bp −$16 | 32.4 bp −$324 | 315.4 bp −$31.5K | doesn't fit |
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 GRASSRUSDPERP | −0.0114% | 1h | 0.4479 | −0.126% | $673 | — | 15x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4477 | −0.182% | $25.1M | $10.6M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4478 | −0.151% | $3.4M | $7.7M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4477 | −0.173% | $1.2M | $1.2M | 50x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4476 | −0.195% | $1.6M | $969K | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4472 | −0.293% | $5.2M | $2.1M | 75x | as long as short |
| Variational Omni GRASSlong | +0.0100% | 4h | 0.4485 | long leg | $2.2M | $1.1M | — | |
| Hyperliquid GRASS | +0.0358% | 1h | 0.4487 | +0.059% | $16.4M | $2.6M | 3x | as long as short |
| Binance GRASSUSDTshort | +0.0384% | 4h | 0.4481 | −0.080% | $11.0M | $15.7M | 75x | |
| MEXC GRASS_USDT | +0.0390% | 4h | 0.4481 | −0.084% | $1.7M | $1.3M | 100x | 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 | +0.0392% | 1h | 0.4477 | −0.182% | $221K | $823K | 10x | as long as short |
| BingX GRASS-USDT | +0.0392% | 4h | 0.4480 | −0.106% | — | $7.1M | — | as long as short |
| BloFin GRASS-USDT | +0.0428% | 4h | 0.4494 | +0.206% | $585K | $260K | 20x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1500% | 1h | 0.4490 | +0.106% | $165K | $79K | 20x | as long as short |
| Aster GRASSUSDT | +0.1525% | 4h | 0.4486 | +0.026% | $62K | $128K | 10x | as long as short |
| Lighter GRASS | +0.1776% | 1h | 0.4497 | +0.284% | $703K | $528K | 5x | as long as short |
| Injective GRASS/USDC PERP | +0.5000% | 1h | 0.4267 | −4.855% | $7 | $23K | 5.5x | as long as short |
Variational Omni GRASS
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDT
Hyperliquid GRASS
MEXC GRASS_USDT
Extended GRASS-USD
BingX GRASS-USDT
BloFin GRASS-USDT
Kraken Futures PF_GRASSUSD
Aster GRASSUSDT
Lighter GRASS
Injective GRASS/USDC PERP