Funding arb · Price arb /

GRASS

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Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Gate against Variational Omni+1.876%7-day average +0.032% · you sell dearer than you buy

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

Long on Variational Omni Short on Gate

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 4 days (all we have)−1.741%−$174 · spread now +1.876%, 7d avg +0.032%

Together, before fees−1.741%+ Points / potential airdropVariational Omni: Active · farm board−$174 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: Gate is 1.844% dearer against Variational Omni than usual: you sell high and buy low, +$184 on $10k if it goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GRASS	0.4266	0.0100	pay 0.0050% / 4h	1h 24m	$2.1M	$1.1M	—
Short	Gate GRASS_USDT	0.4346	0.0100	get 0.0050% / 4h	1h 24m	$1.2M	$1.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GatebpOrdersPrice spread, now +1.876%Rate

Funding earned: $0
Price spread: +1.876% → +0.032%: $184.43
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $169.43
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Gate: live order book, 3 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, 5 min ago	4.75 bp	doesn't fit	45.1 bp −$451	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	9.37 bp	42.2 bp −$42	656.6 bp −$6,566	doesn't fit	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	0.4349	+1.958%	$654	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+0.024%	$7	$23K	5.5x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4351	+1.993%	$24.6M	$12.8M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4352	+2.017%	$3.1M	$10.4M	20x	as long as short
Gate GRASS_USDTshort	+0.0100%	4h	0.4346	+1.876%	$1.2M	$1.4M	50x
Bitget GRASSUSDT	+0.0100%	4h	0.4348	+1.925%	$5.0M	$2.6M	75x	as long as short
Variational Omni GRASSlong	+0.0100%	4h	0.4266	long leg	$2.1M	$1.1M	—
KuCoin GRASSUSDTM	+0.0144%	4h	0.4347	+1.900%	$1.5M	$1.1M	50x	as long as short
BingX GRASS-USDT	+0.0198%	4h	0.4350	+1.970%	—	$7.2M	—	as long as short
BloFin GRASS-USDT	+0.0211%	4h	0.4326	+1.407%	$544K	$285K	20x	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	+0.0216%	1h	0.4349	+1.956%	$214K	$823K	10x	as long as short
MEXC GRASS_USDT	+0.0218%	4h	0.4351	+1.993%	$1.3M	$1.8M	100x	as long as short
Binance GRASSUSDT	+0.0227%	4h	0.4355	+2.087%	$10.3M	$20.9M	75x	as long as short
Hyperliquid GRASS	+0.0681%	1h	0.4360	+2.195%	$16.3M	$3.2M	3x	as long as short
Aster GRASSUSDT	+0.1136%	4h	0.4352	+2.013%	$64K	$170K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1481%	1h	0.4333	+1.574%	$157K	$98K	20x	as long as short
Lighter GRASS	+0.1984%	1h	0.4363	+2.279%	$796K	$687K	5x	as long as short