Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: KuCoin against Variational Omni−0.456%7-day average +0.105% · you buy dearer than you sell

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

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.001%$0 on $10k

Price spread, last 7 days+0.632%+$63 · spread now −0.456%, 7d avg +0.105%

Together, before fees+0.633%+ Points / potential airdropVariational Omni: Active · farm board+$63 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: KuCoin is 0.561% cheaper against Variational Omni than usual: you would sell low and buy high, −$56 on $10k if it goes back to its 7-day average of +0.105%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GRASS	0.4555	0.0100	pay 0.0050% / 4h	3h 39m	$2.3M	$1.4M	—
Short	KuCoin GRASSUSDTM	0.4534	0.0100	get 0.0050% / 4h	3h 39m	$1.5M	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.456%Rate

Funding earned: $0
Price spread: −0.456% → +0.105%: −$56.07
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$68.07
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; KuCoin: 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, 5 min ago	7.66 bp	doesn't fit	51.4 bp −$514	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	5.47 bp	36.3 bp −$36	253.9 bp −$2,539	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	−0.0107%	1h	0.4535	−0.434%	$681	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−6.318%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDT	+0.0086%	4h	0.4539	−0.346%	$571K	$417K	20x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4533	−0.477%	$10.8M	$40.0M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4531	−0.510%	$26.2M	$21.6M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4531	−0.521%	$3.6M	$23.6M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4533	−0.477%	$1.3M	$2.0M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4536	−0.412%	$1.9M	$3.1M	100x	as long as short
KuCoin GRASSUSDTMshort	+0.0100%	4h	0.4534	−0.456%	$1.5M	$2.1M	50x
Bitget GRASSUSDT	+0.0100%	4h	0.4531	−0.521%	$5.3M	$4.2M	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-USDT	+0.0100%	4h	0.4534	−0.456%	—	$7.5M	—	as long as short
Variational Omni GRASSlong	+0.0100%	4h	0.4555	long leg	$2.3M	$1.4M	—
Extended GRASS-USD	+0.0104%	1h	0.4530	−0.553%	$225K	$1.3M	10x	as long as short
Hyperliquid GRASS	+0.0466%	1h	0.4543	−0.251%	$17.3M	$4.8M	3x	as long as short
Aster GRASSUSDT	+0.0507%	4h	0.4535	−0.437%	$64K	$336K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1119%	1h	0.4535	−0.425%	$163K	$162K	20x	as long as short
Lighter GRASS	+0.1232%	1h	0.4555	+0.001%	$882K	$1.0M	5x	as long as short