Funding you earn now, next payment 02:00 UTC+0.1708%/8h= +187.0% APRpaid last 24h +0.270%
Price spread now: Lighter against BingX+0.475%7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$2132.131% of the position
Funding, last 7 days+0.796%+$80 on $10k
+Price spread, last 4 days (all we have)−0.210%−$21 · spread now +0.475%, 7d avg +0.137%
=Together, before fees+0.586%+ Points / potential airdropLighter: Season 3 · farm board+$59 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$51 a day on $10k at the current rate, and Lighter is 0.337% dearer against BingX than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.137%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.796% in total (about 41.5% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GRASS-USDT | 0.4130 | 0.0100 | pay 0.0050% / 4h | 2h 00m | — | $7.3M | — |
| Short | Lighter GRASS | 0.4150 | 0.1808 | get 0.0226% / 1h | 0m 49s | $811K | $785K | 5x |
BingX GRASS-USDT
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- $358.68
- Price spread: +0.475% → +0.137%
- $33.74
- Slippage, 4 orders
- −$203.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $179.32
- Costs to cover
- 2.131%
- Break-even
- 3.5 days
Slippage from BingX: live order book, 7 min ago; Lighter: live order book, 64 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 | 6.06 bp | 21.1 bp −$21 | 37.3 bp −$373 | 270.3 bp −$27.0K | 642.4 bp −$321.2K |
| Sell Lighter live order book, 64 min ago | 68.98 bp | 71.3 bp −$71 | 158.1 bp −$1,581 | doesn't fit | doesn't fit |
GRASS on 16 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 | −0.0111% | 1h | 0.4118 | −0.282% | $619 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +3.317% | $7 | $23K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4134 | +0.096% | $9.8M | $28.6M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4129 | −0.024% | $23.1M | $16.4M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4130 | 0.000% | $3.1M | $14.8M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4125 | −0.121% | $1.1M | $1.6M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4133 | +0.073% | $1.2M | $2.3M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4128 | −0.048% | $1.2M | $1.6M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4128 | −0.046% | $4.8M | $3.1M | 75x | as long as short |
| BingX GRASS-USDTlong | +0.0100% | 4h | 0.4130 | long leg | — | $7.3M | — |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRASS | +0.0100% | 4h | 0.4122 | −0.199% | $2.0M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4127 | −0.072% | $205K | $903K | 10x | as long as short |
| Aster GRASSUSDT | +0.0440% | 4h | 0.4130 | 0.000% | $64K | $222K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0643% | 1h | 0.4125 | −0.123% | $147K | $128K | 20x | as long as short |
| Hyperliquid GRASS | +0.0993% | 1h | 0.4139 | +0.218% | $15.6M | $3.9M | 3x | as long as short |
| Lighter GRASSshort | +0.1808% | 1h | 0.4150 | +0.475% | $811K | $785K | 5x |
Variational Omni GRASS
Extended GRASS-USD
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Hyperliquid GRASS