Settings8H · net · $10k
Funding arb · Price arb /

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0883%/8h= −96.7% APRpaid last 24h −0.150%
Price spread now: Extended against Aster+0.099%7-day average −0.107% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$740.741% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.220%−$22 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.099%, 7d avg −0.107%
Together, before fees−0.327%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.206% dearer against Aster than usual: you sell high and buy low (spread +0.099% now, against its 7-day average of −0.107%): +$21 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 5 days (−0.220% in total) that is about 4.9 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.220% in total (about -15.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster GRASSUSDT0.42070.1091pay 0.0545% / 4h1h 30m$62K$165K10x
ShortExtended GRASS-USD0.42120.0208get 0.0026% / 1h30m 51s$208K$823K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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

Funding earned
−$185.36
Price spread: +0.099% → −0.107%
$20.62
Slippage, 4 orders
−$61.06
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$238.8
Costs to cover
0.741%
Break-even
never at this rate
Slippage from Aster: live order book, 27 min ago; Extended: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 27 min ago7.84 bp18.1 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 52 min ago5.62 bp16.3 bp −$1683.5 bp −$835doesn't fitdoesn't fit

GRASS on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya GRASSRUSDPERP−0.0114%1h0.4216+0.212%$63415xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267+1.418%$7$23K5.5xas long as short
Bybit GRASSUSDT+0.0100%4h0.4209+0.044%$23.8M$12.6M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4212+0.111%$3.0M$9.8M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4205−0.056%$1.1M$1.4M50xas long as short
Bitget GRASSUSDT+0.0100%4h0.4207−0.006%$4.9M$2.5M75xas long as short
Variational Omni GRASS+0.0100%4h0.4213+0.135%$2.0M$1.1Mas long as short
KuCoin GRASSUSDTM+0.0138%4h0.4210+0.063%$1.4M$1.1M50xas long as short
BloFin GRASS-USDT+0.0188%4h0.4218+0.253%$545K$277K20xas long as short
Extended GRASS-USDshort+0.0208%1h0.4212+0.099%$208K$823K10x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GRASSUSDT+0.0208%4h0.4214+0.150%$10.0M$20.3M75xas long as short
MEXC GRASS_USDT+0.0212%4h0.4213+0.135%$1.3M$1.7M100xas long as short
BingX GRASS-USDT+0.0246%4h0.4214+0.158%$7.2Mas long as short
Hyperliquid GRASS+0.0627%1h0.4219+0.272%$15.6M$3.1M3xas long as short
Aster GRASSUSDTlong+0.1091%4h0.4207long leg$62K$165K10x
Kraken Futures PF_GRASSUSD+0.1523%1h0.4214+0.148%$152K$98K20xas long as short
Lighter GRASS+0.1560%1h0.4229+0.517%$739K$640K5xas long as short