Funding you earn now, next payment 02:00 UTC+0.1852%/8h= +202.8% APRpaid last 24h +0.251%
Price spread now: Lighter against Variational Omni+1.160%7-day average +0.216% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.558%+$56 on $10k
+Price spread, last 4 days (all we have)−1.306%−$131 · spread now +1.160%, 7d avg +0.216%
=Together, before fees−0.748%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$75 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and Lighter is 0.944% dearer against Variational Omni than usual: you sell high and buy low: +$94 more if the spread goes back to its 7-day average of +0.216%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.558% in total (about 60.3% a year). A funding rate is set anew for every payment. 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 | 0.4149 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $2.0M | $1.2M | — |
| Short | Lighter GRASS | 0.4198 | 0.1952 | get 0.0244% / 1h | 55m 15s | $819K | $780K | 5x |
Variational Omni GRASS
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $388.92
- Price spread: +1.160% → +0.216%
- $94.39
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $483.31
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Lighter: live order book, 10 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, 4 min ago | 5.98 bp | doesn't fit | 44.2 bp −$442 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 10 min ago | 68.98 bp | 71.3 bp −$71 | 158.1 bp −$1,581 | 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 | −0.0112% | 1h | 0.4180 | +0.748% | $628 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +2.835% | $7 | $23K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4185 | +0.859% | $9.9M | $27.1M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4177 | +0.676% | $23.6M | $15.4M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4182 | +0.787% | $3.2M | $13.9M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4177 | +0.666% | $1.1M | $1.5M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4182 | +0.787% | $1.2M | $2.2M | 100x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4177 | +0.676% | $4.8M | $3.0M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4179 | +0.714% | — | $7.3M | — | as long as short |
| Variational Omni GRASSlong | +0.0100% | 4h | 0.4149 | long leg | $2.0M | $1.2M | — |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
Bitget GRASSUSDT
BingX GRASS-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRASS-USD | +0.0104% | 1h | 0.4179 | +0.721% | $206K | $900K | 10x | as long as short |
| BloFin GRASS-USDT | +0.0137% | 4h | 0.4180 | +0.739% | $534K | $294K | 20x | as long as short |
| KuCoin GRASSUSDTM | +0.0226% | 4h | 0.4180 | +0.739% | $1.3M | $1.5M | 50x | as long as short |
| Aster GRASSUSDT | +0.0545% | 4h | 0.4168 | +0.440% | $68K | $209K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0635% | 1h | 0.4179 | +0.725% | $149K | $127K | 20x | as long as short |
| Hyperliquid GRASS | +0.1323% | 1h | 0.4188 | +0.941% | $15.8M | $3.8M | 3x | as long as short |
| Lighter GRASSshort | +0.1952% | 1h | 0.4198 | +1.160% | $819K | $780K | 5x |
Extended GRASS-USD
BloFin GRASS-USDT
KuCoin GRASSUSDTM
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Hyperliquid GRASS