Funding you earn now, next payment 00:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.19 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against BloFin−0.359%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$890.895% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 3 days (all we have)+0.293%+$29 · spread now −0.359%, 7d avg −0.021%
=Funding pays, the price is against you. Binance is 0.338% cheaper against BloFin than usual: you would sell low and buy high (spread −0.359% now, against its 7-day average of −0.021%). If the spread goes back, that is −$34 on $10k: about 29 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRASS-USDT | 0.4456 | 0.0345 | pay 0.0172% / 4h | 2h 04m | $590K | $262K | 20x |
| Short | Binance GRASSUSDT | 0.4440 | 0.0384 | get 0.0192% / 4h | 2h 04m | $10.9M | $16.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $8.16
- Price spread: −0.359% → −0.021%
- −$33.81
- Slippage, 4 orders
- −$67.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$115.12
- Costs to cover
- 0.895%
- Break-even
- 105.7 days
Slippage from BloFin: live order book, 17 min ago; Binance: live order book, 6 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 BloFin live order book, 17 min ago | 3.34 bp | 25.1 bp −$25 | 44.4 bp −$444 | 137.5 bp −$13.8K | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.23 bp | 22.6 bp −$23 | 38.2 bp −$382 | 346.6 bp −$34.7K | 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 | −0.0114% | 1h | 0.4439 | −0.373% | $667 | — | 15x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4434 | −0.489% | $24.8M | $10.9M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4442 | −0.314% | $3.4M | $8.1M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4431 | −0.561% | $1.2M | $1.3M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4434 | −0.498% | $5.2M | $2.1M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4463 | +0.164% | $2.2M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0138% | 4h | 0.4433 | −0.516% | $1.5M | $973K | 50x | as long as short |
| BloFin GRASS-USDTlong | +0.0345% | 4h | 0.4456 | long leg | $590K | $262K | 20x | |
| Binance GRASSUSDTshort | +0.0384% | 4h | 0.4440 | −0.359% | $10.9M | $16.6M | 75x | |
| Extended GRASS-USD | +0.0384% | 1h | 0.4435 | −0.471% | $219K | $823K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GRASS_USDT | +0.0386% | 4h | 0.4446 | −0.224% | $1.6M | $1.4M | 100x | as long as short |
| BingX GRASS-USDT | +0.0386% | 4h | 0.4447 | −0.202% | — | $7.1M | — | as long as short |
| Hyperliquid GRASS | +0.0442% | 1h | 0.4450 | −0.135% | $16.3M | $2.6M | 3x | as long as short |
| Aster GRASSUSDT | +0.1474% | 4h | 0.4440 | −0.359% | $65K | $129K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1511% | 1h | 0.4456 | +0.001% | $164K | $79K | 20x | as long as short |
| Lighter GRASS | +0.1800% | 1h | 0.4455 | −0.034% | $693K | $540K | 5x | as long as short |
| Injective GRASS/USDC PERP | +0.5000% | 1h | 0.4267 | −4.241% | $7 | $23K | 5.5x | as long as short |
BloFin GRASS-USDT
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
KuCoin GRASSUSDTM
Extended GRASS-USD
MEXC GRASS_USDT
BingX GRASS-USDT
Hyperliquid GRASS
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Lighter GRASS
Injective GRASS/USDC PERP