Funding you earn now, next payment 23:00 UTC+0.2563%/8h= +280.6% APRpaid last 24h +0.189%
Price spread now: Lighter against BloFin+0.566%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$2312.313% of the position
Funding, last 7 days+0.696%+$70 on $10k
+Price spread, last 3 days (all we have)−0.570%−$57 · spread now +0.566%, 7d avg +0.008%
=Together, before fees+0.126%+ Points / potential airdropLighter: Season 3 · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$77 a day on $10k at the current rate, and Lighter is 0.559% dearer against BloFin than usual: you sell high and buy low: +$56 more if the spread goes back to its 7-day average of +0.008%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.696% in total (about 36.3% 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 | BloFin GRASS-USDT | 0.4380 | 0.0237 | pay 0.0119% / 4h | 1h 04m | $557K | $292K | 20x |
| Short | Lighter GRASS | 0.4405 | 0.2800 | get 0.0350% / 1h | 4m 46s | $859K | $762K | 5x |
BloFin GRASS-USDT
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $538.16
- Price spread: +0.566% → +0.008%
- $55.87
- Slippage, 4 orders
- −$219.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $362.71
- Costs to cover
- 2.313%
- Break-even
- 2.3 days
Slippage from BloFin: live order book, 11 min ago; Lighter: live order book, 10 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, 11 min ago | 6.85 bp | 19.0 bp −$19 | 37.1 bp −$371 | 174.9 bp −$17.5K | doesn't fit |
| Sell Lighter live order book, 10 min ago | 91.65 bp | 93.9 bp −$94 | 184.9 bp −$1,849 | 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 | 0.4382 | +0.039% | $658 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −2.580% | $7 | $23K | 5.5x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4389 | +0.196% | $24.8M | $13.2M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4392 | +0.274% | $3.2M | $11.3M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4380 | 0.000% | $1.2M | $1.4M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4383 | +0.075% | $5.1M | $2.6M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4388 | +0.192% | $2.1M | $1.2M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0210% | 4h | 0.4386 | +0.137% | $1.4M | $1.2M | 50x | as long as short |
| Binance GRASSUSDT | +0.0226% | 4h | 0.4389 | +0.209% | $10.5M | $22.2M | 75x | as long as short |
| MEXC GRASS_USDT | +0.0230% | 4h | 0.4389 | +0.205% | $1.3M | $1.9M | 100x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
KuCoin GRASSUSDTM
Binance GRASSUSDT
MEXC GRASS_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRASS-USD | +0.0232% | 1h | 0.4381 | +0.015% | $216K | $823K | 10x | as long as short |
| BingX GRASS-USDT | +0.0234% | 4h | 0.4383 | +0.068% | — | $7.2M | — | as long as short |
| BloFin GRASS-USDTlong | +0.0237% | 4h | 0.4380 | long leg | $557K | $292K | 20x | |
| Hyperliquid GRASS | +0.0668% | 1h | 0.4393 | +0.297% | $16.5M | $3.3M | 3x | as long as short |
| Aster GRASSUSDT | +0.1115% | 4h | 0.4390 | +0.217% | $74K | $189K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1463% | 1h | 0.4385 | +0.121% | $158K | $108K | 20x | as long as short |
| Lighter GRASSshort | +0.2800% | 1h | 0.4405 | +0.566% | $859K | $762K | 5x |
Extended GRASS-USD
BingX GRASS-USDT
Hyperliquid GRASS
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD