Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Binance+0.070%7-day average −0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$770.769% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.204%−$20 · spread now +0.070%, 7d avg −0.093%

Together, before fees−0.204%−$20 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: BingX is 0.162% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.093%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRASSUSDT	0.4307	0.0100	pay 0.0050% / 4h	3h 49m	$10.2M	$30.9M	75x
Short	BingX GRASS-USDT	0.4310	0.0100	get 0.0050% / 4h	3h 49m	—	$7.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now +0.070%Rate

Funding earned: $0
Price spread: +0.070% → −0.093%: $16.22
Slippage, 4 orders: −$56.9
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$60.68
Costs to cover: 0.769%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; BingX: live order book, 3 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, 7 min ago	2.34 bp	16.0 bp −$16	40.0 bp −$400	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	4.68 bp	22.8 bp −$23	45.9 bp −$459	229.7 bp −$23.0K	577.0 bp −$288.5K

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	−0.0110%	1h	0.4300	−0.162%	$646	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−0.929%	$7	$23K	5.5x	as long as short
Binance GRASSUSDTlong	+0.0100%	4h	0.4307	long leg	$10.2M	$30.9M	75x
Bybit GRASSUSDT	+0.0100%	4h	0.4304	−0.070%	$24.2M	$17.4M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4308	+0.023%	$3.4M	$17.1M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4301	−0.139%	$1.2M	$1.6M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4308	+0.023%	$1.5M	$2.5M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4303	−0.093%	$1.2M	$1.7M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4303	−0.086%	$5.0M	$3.3M	75x	as long as short
BingX GRASS-USDTshort	+0.0100%	4h	0.4310	+0.070%	—	$7.3M	—

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GRASS	+0.0100%	4h	0.4273	−0.795%	$2.1M	$1.3M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4305	−0.039%	$213K	$890K	10x	as long as short
BloFin GRASS-USDT	+0.0142%	4h	0.4274	−0.766%	$546K	$326K	20x	as long as short
Kraken Futures PF_GRASSUSD	+0.0327%	1h	0.4293	−0.314%	$154K	$137K	20x	as long as short
Aster GRASSUSDT	+0.0416%	4h	0.4306	−0.021%	$58K	$243K	10x	as long as short
Hyperliquid GRASS	+0.0441%	1h	0.4308	+0.030%	$16.4M	$4.1M	3x	as long as short
Lighter GRASS	+0.1416%	1h	0.4322	+0.344%	$841K	$963K	5x	as long as short