Funding you earn now, next payment 00:00 UTC+0.0831%/8h= +91.0% APRnext payment +$4.15 per $10,000 · paid last 24h +0.157%
Price spread now: Aster against Binance+0.385%7-day average −0.023% · 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−$46as in the Price arb table
costs, in and out, $10k−$870.866% of the position
Funding, last 5 days (all we have)+0.235%+$24 on $10k
+Price spread, last 4 days (all we have)−0.510%−$51 · spread now +0.385%, 7d avg −0.023%
=Together, before fees−0.275%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Aster is 0.407% dearer against Binance than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of −0.023%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.235% in total (about 16.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.15 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GRASSUSDT | 0.4302 | 0.0167 | pay 0.0083% / 4h | 52m 12s | $10.2M | $23.0M | 75x |
| Short | Aster GRASSUSDT | 0.4318 | 0.0998 | get 0.0499% / 4h | 52m 12s | $75K | $193K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $174.48
- Price spread: +0.385% → −0.023%
- $40.75
- Slippage, 4 orders
- −$68.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $128.65
- Costs to cover
- 0.866%
- Break-even
- 1.8 days
Slippage from Binance: live order book, 4 min ago; Aster: live order book, 1 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 Binance live order book, 4 min ago | 3.47 bp | 21.3 bp −$21 | 46.1 bp −$461 | 408.6 bp −$40.9K | doesn't fit |
| Sell Aster live order book, 1 min ago | 10.40 bp | 22.8 bp −$23 | 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 | −0.0113% | 1h | 0.4302 | +0.016% | $646 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −0.809% | $7 | $23K | 5.5x | as long as short |
| Hyperliquid GRASS | +0.0100% | 1h | 0.4295 | −0.151% | $16.0M | $3.5M | 3x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4288 | −0.321% | $24.1M | $13.6M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4295 | −0.158% | $3.2M | $11.8M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4293 | −0.205% | $1.1M | $1.5M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4290 | −0.277% | $5.0M | $2.7M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4301 | −0.009% | $2.1M | $1.2M | — | as long as short |
| BloFin GRASS-USDT | +0.0135% | 4h | 0.4335 | +0.772% | $557K | $290K | 20x | as long as short |
| Binance GRASSUSDTlong | +0.0167% | 4h | 0.4302 | long leg | $10.2M | $23.0M | 75x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRASS-USD | +0.0168% | 1h | 0.4293 | −0.207% | $212K | $823K | 10x | as long as short |
| MEXC GRASS_USDT | +0.0172% | 4h | 0.4299 | −0.065% | $1.3M | $2.0M | 100x | as long as short |
| BingX GRASS-USDT | +0.0206% | 4h | 0.4297 | −0.112% | — | $7.2M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0220% | 4h | 0.4304 | +0.051% | $1.3M | $1.3M | 50x | as long as short |
| Aster GRASSUSDTshort | +0.0998% | 4h | 0.4318 | +0.385% | $75K | $193K | 10x | |
| Kraken Futures PF_GRASSUSD | +0.1359% | 1h | 0.4293 | −0.216% | $151K | $112K | 20x | as long as short |
| Lighter GRASS | +0.1808% | 1h | 0.4313 | +0.263% | $842K | $763K | 5x | as long as short |
Binance GRASSUSDT
Aster GRASSUSDT
Injective GRASS/USDC PERP
Hyperliquid GRASS
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
BloFin GRASS-USDT
Extended GRASS-USD
MEXC GRASS_USDT
BingX GRASS-USDT
KuCoin GRASSUSDTM
Kraken Futures PF_GRASSUSD
Lighter GRASS