GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against BingX+0.045%7-day average +0.099% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$940.939% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.045%, 7d avg +0.099%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.054% cheaper against BingX than usual: you would sell low and buy high (spread +0.045% now, against its 7-day average of +0.099%). If the spread goes back, that is −$5 on $10k: about 4.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.004% in total) that is about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GRASS-USDT	0.4469	0.0100	pay 0.0050% / 4h	21m 19s	—	$7.4M	—
Short	BloFin GRASS-USDT	0.4471	0.0145	get 0.0072% / 4h	21m 19s	$564K	$398K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now +0.045%Rate

Funding earned: $9.36
Price spread: +0.045% → +0.099%: −$5.38
Slippage, 4 orders: −$71.95
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$89.97
Costs to cover: 0.939%
Break-even: 74.3 days

Slippage from BingX: live order book, 7 min ago; BloFin: live order book, 60 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 BingX live order book, 7 min ago	4.45 bp	22.2 bp −$22	85.2 bp −$852	422.6 bp −$42.3K	817.3 bp −$408.7K
Sell BloFin live order book, 60 min ago	6.82 bp	30.7 bp −$31	41.5 bp −$415	148.1 bp −$14.8K	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	−0.0107%	1h	0.4468	−0.021%	$671	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−4.520%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4469	0.000%	$10.5M	$38.1M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4467	−0.045%	$25.7M	$20.9M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4468	−0.022%	$3.5M	$22.4M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4466	−0.067%	$1.3M	$1.9M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4471	+0.045%	$1.6M	$2.9M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4470	+0.022%	$1.3M	$2.1M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4465	−0.090%	$5.2M	$4.0M	75x	as long as short
BingX GRASS-USDTlong	+0.0100%	4h	0.4469	long leg	—	$7.4M	—

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GRASS	+0.0100%	4h	0.4458	−0.242%	$2.2M	$1.4M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4467	−0.049%	$224K	$1.3M	10x	as long as short
BloFin GRASS-USDTshort	+0.0145%	4h	0.4471	+0.045%	$564K	$398K	20x
Aster GRASSUSDT	+0.0440%	4h	0.4465	−0.093%	$61K	$329K	10x	as long as short
Hyperliquid GRASS	+0.0512%	1h	0.4472	+0.076%	$17.0M	$4.7M	3x	as long as short
Kraken Futures PF_GRASSUSD	+0.0975%	1h	0.4470	+0.020%	$160K	$162K	20x	as long as short
Lighter GRASS	+0.1200%	1h	0.4487	+0.401%	$865K	$1.0M	5x	as long as short