Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.034%

Price spread now: Kraken Futures against Aster+0.041%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$212as in the Price arb table

costs, in and out, $10k−$2162.157% of the position

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+1.706%+$171 on $10k

Price spread, last 3 days (all we have)−0.017%−$2 · spread now +0.041%, 7d avg +0.008%

Together, before fees+1.689%+ Points / potential airdropAster: Stage 5 · farm board+$169 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.033% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster GRASSUSDT	0.4466	0.1474	pay 0.0737% / 4h	2h 03m	$65K	$128K	10x
Short	Kraken Futures PF_GRASSUSD	0.4468	0.1507	get 0.0188% / 1h	3m 15s	$164K	$82K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee AsterbpFee Kraken FuturesbpOrdersPrice spread, now +0.041%Rate

Funding earned: $6.99
Price spread: +0.041% → +0.008%: $3.28
Slippage, 4 orders: −$197.69
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$205.42
Costs to cover: 2.157%
Break-even: 212.6 days

Slippage from Aster: live order book, 60 min ago; Kraken Futures: live order book, 19 min ago.

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 Aster live order book, 60 min ago	9.34 bp	18.9 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 19 min ago	59.99 bp	91.3 bp −$91	doesn't fit	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	0.4459	−0.154%	$670	—	15x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4456	−0.231%	$25.0M	$10.9M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4465	−0.022%	$3.4M	$8.2M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4459	−0.157%	$1.2M	$1.3M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4454	−0.266%	$5.2M	$2.1M	75x	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4463	−0.060%	$2.2M	$1.1M	—	as long as short
KuCoin GRASSUSDTM	+0.0154%	4h	0.4461	−0.112%	$1.6M	$973K	50x	as long as short
Extended GRASS-USD	+0.0376%	1h	0.4460	−0.124%	$220K	$823K	10x	as long as short
Binance GRASSUSDT	+0.0379%	4h	0.4464	−0.047%	$11.0M	$16.7M	75x	as long as short
MEXC GRASS_USDT	+0.0382%	4h	0.4461	−0.112%	$1.7M	$1.5M	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDT	+0.0386%	4h	0.4460	−0.134%	—	$7.1M	—	as long as short
BloFin GRASS-USDT	+0.0409%	4h	0.4456	−0.224%	$590K	$266K	20x	as long as short
Hyperliquid GRASS	+0.0443%	1h	0.4470	+0.083%	$16.4M	$2.6M	3x	as long as short
Aster GRASSUSDTlong	+0.1474%	4h	0.4466	long leg	$65K	$128K	10x
Kraken Futures PF_GRASSUSDshort	+0.1507%	1h	0.4468	+0.041%	$164K	$82K	20x
Lighter GRASS	+0.1800%	1h	0.4480	+0.305%	$697K	$544K	5x	as long as short
Injective GRASS/USDC PERP	+0.5000%	1h	0.4267	−4.456%	$7	$23K	5.5x	as long as short