Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Variational Omni+0.415%7-day average +0.097% · you sell dearer than you buy

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

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 7 days−0.305%−$30 · spread now +0.415%, 7d avg +0.097%

Together, before fees−0.305%+ Points / potential airdropVariational Omni: Active · farm board−$30 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.318% dearer against Variational Omni than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of +0.097%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GRASS	0.4148	0.0100	pay 0.0050% / 4h	1h 45m	$2.1M	$1.2M	—
Short	BingX GRASS-USDT	0.4165	0.0100	get 0.0050% / 4h	1h 45m	—	$7.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 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 Variational OmnibpFee BingXbpOrdersPrice spread, now +0.415%Rate

Funding earned: $0
Price spread: +0.415% → +0.097%: $31.78
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: $21.78
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; BingX: live order book, 7 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, 3 min ago	4.83 bp	doesn't fit	48.3 bp −$483	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	4.80 bp	23.5 bp −$24	48.8 bp −$488	289.6 bp −$29.0K	576.1 bp −$288.0K

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	−0.0111%	1h	0.4150	+0.050%	$624	—	15x	as long as short
Kraken Futures PF_GRASSUSD	+0.0004%	1h	0.4149	+0.028%	$148K	$128K	20x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+2.874%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4165	+0.416%	$9.9M	$28.7M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4163	+0.367%	$23.2M	$16.5M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4166	+0.439%	$3.1M	$15.0M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4160	+0.295%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4160	+0.295%	$1.2M	$2.3M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4157	+0.222%	$1.2M	$1.6M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4160	+0.295%	$4.8M	$3.1M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDTshort	+0.0100%	4h	0.4165	+0.415%	—	$7.3M	—
Variational Omni GRASSlong	+0.0100%	4h	0.4148	long leg	$2.1M	$1.2M	—
Extended GRASS-USD	+0.0104%	1h	0.4164	+0.401%	$205K	$908K	10x	as long as short
BloFin GRASS-USDT	+0.0112%	4h	0.4157	+0.222%	—	$298K	20x	as long as short
Aster GRASSUSDT	+0.0468%	4h	0.4155	+0.174%	$64K	$224K	10x	as long as short
Hyperliquid GRASS	+0.1065%	1h	0.4166	+0.439%	$15.7M	$3.9M	3x	as long as short
Lighter GRASS	+0.1912%	1h	0.4181	+0.794%	$817K	$785K	5x	as long as short