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

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.1229%/8h= −134.6% APRpaid last 24h +0.017%
Price spread now: Hyperliquid against Aster+0.794%7-day average +0.109% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.237%+$24 on $10k
Price spread, last 4 days (all we have)−0.694%−$69 · spread now +0.794%, 7d avg +0.109%
Together, before fees−0.457%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board−$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.684% dearer against Aster than usual: you sell high and buy low (spread +0.794% now, against its 7-day average of +0.109%): +$68 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 45 hours. Mind the row above: over the last 5 days funding on this pair paid +0.237%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.237% in total (about 16.6% 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 GRASSUSDT0.44740.1534pay 0.0767% / 4h2h 37m$65K$119K10x
ShortHyperliquid GRASS0.45090.0305get 0.0038% / 1h37m 37s$16.6M$2.4M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
−$258.08
Price spread: +0.794% → +0.109%
$68.45
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$206.63
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Aster: live order book, 25 min ago; Hyperliquid: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 25 min ago9.34 bp18.9 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago5.73 bp19.8 bp −$20doesn't fitdoesn'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%1h0.4418−1.236%$66415xas long as short
Bybit GRASSUSDT+0.0100%4h0.4486+0.282%$25.0M$10.2M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4482+0.188%$3.2M$6.7M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4490+0.367%$1.2M$1.1M50xas long as short
KuCoin GRASSUSDTM+0.0100%4h0.4490+0.367%$1.5M$924K50xas long as short
Bitget GRASSUSDT+0.0100%4h0.4478+0.099%$5.2M$1.9M75xas long as short
Variational Omni GRASS+0.0100%4h0.4399−1.678%$2.1M$1.1Mas long as short
Hyperliquid GRASSshort+0.0305%1h0.4509+0.794%$16.6M$2.4M3x
MEXC GRASS_USDT+0.0358%4h0.4496+0.501%$1.5M$1.1M100xas long as short
BingX GRASS-USDT+0.0358%4h0.4470−0.080%$7.0Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GRASS-USD+0.0360%1h0.4475+0.035%$220K$823K10xas long as short
Binance GRASSUSDT+0.0368%4h0.4500+0.593%$10.9M$13.8M75xas long as short
BloFin GRASS-USDT+0.0382%4h0.4415−1.310%$564K$256K20xas long as short
Lighter GRASS+0.1464%1h0.4516+0.955%$711K$521K5xas long as short
Kraken Futures PF_GRASSUSD+0.1519%1h0.4431−0.943%$168K$68K20xas long as short
Aster GRASSUSDTlong+0.1534%4h0.4474long leg$65K$119K10x
Injective GRASS/USDC PERP+0.5000%1h0.4267−4.618%$7$23K5.5xas long as short