Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against BingX−0.049%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$920.921% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 7 days+0.043%+$4 · spread now −0.049%, 7d avg +0.003%

Together, before fees+0.036%+$4 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: OKX is 0.052% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX GRASS-USDT	0.4114	0.0100	pay 0.0050% / 4h	1h 57m	—	$7.3M	—
Short	OKX GRASS-USDT-SWAP	0.4112	0.0100	get 0.0050% / 4h	1h 57m	$3.1M	$14.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.049%Rate

Funding earned: $0
Price spread: −0.049% → +0.003%: −$5.17
Slippage, 4 orders: −$72.13
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$97.3
Costs to cover: 0.921%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; OKX: 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 BingX live order book, 10 min ago	6.06 bp	21.1 bp −$21	37.3 bp −$373	270.3 bp −$27.0K	642.4 bp −$321.2K
Sell OKX live order book, 1 min ago	2.43 bp	23.3 bp −$23	67.1 bp −$671	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	0.4110	−0.088%	$618	—	15x	as long as short
Kraken Futures PF_GRASSUSD	+0.0004%	1h	0.4122	+0.189%	$147K	$128K	20x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+3.719%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4116	+0.049%	$9.8M	$28.6M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4110	−0.095%	$22.9M	$16.4M	25x	as long as short
OKX GRASS-USDT-SWAPshort	+0.0100%	4h	0.4112	−0.049%	$3.1M	$14.7M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4112	−0.049%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4119	+0.122%	$1.2M	$2.3M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4114	0.000%	$1.2M	$1.6M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4109	−0.124%	$4.8M	$3.1M	75x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDTlong	+0.0100%	4h	0.4114	long leg	—	$7.3M	—
Variational Omni GRASS	+0.0100%	4h	0.4122	+0.189%	$2.0M	$1.2M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4111	−0.084%	$204K	$903K	10x	as long as short
Aster GRASSUSDT	+0.0435%	4h	0.4121	+0.176%	$64K	$222K	10x	as long as short
Hyperliquid GRASS	+0.0965%	1h	0.4121	+0.168%	$15.5M	$3.9M	3x	as long as short
Lighter GRASS	+0.1416%	1h	0.4139	+0.598%	$809K	$783K	5x	as long as short