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: OKX against Variational Omni+2.040%7-day average +0.096% · you sell dearer than you buy

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

Long on Variational Omni Short on OKX

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−1.979%−$198 · spread now +2.040%, 7d avg +0.096%

Together, before fees−1.979%+ Points / potential airdropVariational Omni: Active · farm board−$198 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: OKX is 1.944% dearer against Variational Omni than usual: you sell high and buy low, +$194 on $10k if it goes back to its 7-day average of +0.096%.

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 23m	$2.1M	$1.1M	—
Short	OKX GRASS-USDT-SWAP	0.4353	0.0100	get 0.0050% / 4h	1h 23m	$3.1M	$10.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +2.040%Rate

Funding earned: $0
Price spread: +2.040% → +0.096%: $194.42
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: $184.42
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; OKX: 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, 1 min ago	8.05 bp	doesn't fit	47.2 bp −$472	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	3.51 bp	23.8 bp −$24	61.3 bp −$613	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	0.4347	+1.888%	$653	—	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-SWAPshort	+0.0100%	4h	0.4353	+2.040%	$3.1M	$10.4M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4348	+1.923%	$1.2M	$1.4M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4362	+2.242%	$5.1M	$2.6M	75x	as long as short
Variational Omni GRASSlong	+0.0100%	4h	0.4266	long leg	$2.1M	$1.1M	—
KuCoin GRASSUSDTM	+0.0152%	4h	0.4345	+1.853%	$1.5M	$1.2M	50x	as long as short
BingX GRASS-USDT	+0.0204%	4h	0.4364	+2.298%	—	$7.2M	—	as long as short
MEXC GRASS_USDT	+0.0226%	4h	0.4354	+2.064%	$1.3M	$1.8M	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GRASSUSDT	+0.0262%	4h	0.4354	+2.060%	$10.3M	$20.9M	75x	as long as short
Extended GRASS-USD	+0.0264%	1h	0.4347	+1.898%	$214K	$823K	10x	as long as short
BloFin GRASS-USDT	+0.0268%	4h	0.4352	+2.017%	$538K	$287K	20x	as long as short
Hyperliquid GRASS	+0.0682%	1h	0.4362	+2.249%	$16.3M	$3.2M	3x	as long as short
Aster GRASSUSDT	+0.1178%	4h	0.4358	+2.157%	$66K	$174K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1474%	1h	0.4352	+2.015%	$158K	$98K	20x	as long as short
Lighter GRASS	+0.2448%	1h	0.4368	+2.399%	$827K	$732K	5x	as long as short