Funding arb · Price arb /

GRASS

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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: MEXC against Variational Omni−1.191%7-day average +0.176% · you buy dearer than you sell

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

Long on Variational Omni Short on MEXC

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+1.424%+$142 · spread now −1.191%, 7d avg +0.176%

Together, before fees+1.424%+ Points / potential airdropVariational Omni: Active · farm board+$142 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: MEXC is 1.367% cheaper against Variational Omni than usual: you would sell low and buy high, −$137 on $10k if it goes back to its 7-day average of +0.176%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GRASS	0.4185	0.0100	pay 0.0050% / 4h	3h 42m	$2.0M	$1.2M	—
Short	MEXC GRASS_USDT	0.4135	0.0100	get 0.0050% / 4h	3h 42m	$1.2M	$2.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −1.191%Rate

Funding earned: $0
Price spread: −1.191% → +0.176%: −$136.75
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$140.75
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; MEXC: live order book, 5 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	4.81 bp	doesn't fit	45.7 bp −$457	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	2.39 bp	8.8 bp −$9	21.2 bp −$212	97.0 bp −$9,701	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	0.4119	−1.570%	$619	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+1.963%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4127	−1.388%	$9.7M	$26.5M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4138	−1.120%	$23.5M	$15.3M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4140	−1.072%	$3.0M	$13.3M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4124	−1.454%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDTshort	+0.0100%	4h	0.4135	−1.191%	$1.2M	$2.2M	100x
Bitget GRASSUSDT	+0.0100%	4h	0.4137	−1.155%	$4.8M	$3.0M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4137	−1.143%	—	$7.3M	—	as long as short
Variational Omni GRASSlong	+0.0100%	4h	0.4185	long leg	$2.0M	$1.2M	—

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRASS-USD	+0.0104%	1h	0.4129	−1.331%	$207K	$1.0M	10x	as long as short
KuCoin GRASSUSDTM	+0.0108%	4h	0.4128	−1.359%	$1.3M	$1.4M	50x	as long as short
BloFin GRASS-USDT	+0.0147%	4h	0.4147	−0.904%	$522K	$298K	20x	as long as short
Kraken Futures PF_GRASSUSD	+0.0283%	1h	0.4131	−1.286%	$147K	$127K	20x	as long as short
Hyperliquid GRASS	+0.0527%	1h	0.4143	−1.005%	$15.4M	$3.7M	3x	as long as short
Aster GRASSUSDT	+0.0543%	4h	0.4124	−1.456%	$65K	$214K	10x	as long as short
Lighter GRASS	+0.1912%	1h	0.4149	−0.852%	$810K	$780K	5x	as long as short