GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.48 per $10,000 · paid last 24h −0.007%

Price spread now: KuCoin against BloFin−0.691%50s7-day average −0.122% · you buy dearer than you sell

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1211.206% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 3 days (all we have)+0.612%+$61 · spread now −0.691%, 7d avg −0.122%

Together, before fees+0.600%+$60 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.569% cheaper against BloFin than usual: you would sell low and buy high (spread −0.691% now, against its 7-day average of −0.122%). If the spread goes back, that is −$57 on $10k: about 20 days of funding at the current rate (+$3 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GRASS-USDT	0.4194	0.0073	pay 0.0036% / 4h	38m 16s	$551K	$290K	20x
Short	KuCoin GRASSUSDTM	0.4165	0.0168	get 0.0084% / 4h	38m 16s	$1.3M	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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 BloFinbpFee KuCoinbpOrdersPrice spread, now −0.691%Rate

Funding earned: $20.01
Price spread: −0.691% → −0.122%: −$56.93
Slippage, 4 orders: −$96.56
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$157.48
Costs to cover: 1.206%
Break-even: 62.1 days

Slippage from BloFin: live order book, 38 min ago; KuCoin: live order book, 2 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, 38 min ago	6.85 bp	19.0 bp −$19	37.1 bp −$371	174.9 bp −$17.5K	doesn't fit
Sell KuCoin live order book, 2 min ago	9.54 bp	40.3 bp −$40	306.3 bp −$3,063	doesn't fit	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	−0.0113%	1h	0.4170	−0.571%	$627	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+1.741%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDTlong	+0.0073%	4h	0.4194	long leg	$551K	$290K	20x
Hyperliquid GRASS	+0.0100%	1h	0.4176	−0.436%	$15.5M	$3.5M	3x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4169	−0.601%	$9.9M	$23.8M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4160	−0.820%	$23.3M	$14.0M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4160	−0.811%	$3.0M	$11.9M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4168	−0.620%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4174	−0.477%	$1.2M	$2.0M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4159	−0.844%	$4.8M	$2.8M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GRASS	+0.0100%	4h	0.4177	−0.406%	$2.0M	$1.2M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4161	−0.786%	$205K	$823K	10x	as long as short
BingX GRASS-USDT	+0.0120%	4h	0.4164	−0.715%	—	$7.2M	—	as long as short
KuCoin GRASSUSDTMshort	+0.0168%	4h	0.4165	−0.691%	$1.3M	$1.3M	50x
Aster GRASSUSDT	+0.0785%	4h	0.4173	−0.489%	$68K	$204K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1403%	1h	0.4159	−0.846%	$148K	$116K	20x	as long as short
Lighter GRASS	+0.2008%	1h	0.4198	+0.088%	$819K	$764K	5x	as long as short