Funding you earn now, next payment 00:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against BloFin−0.142%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$660.663% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 3 days (all we have)+0.113%+$11 · spread now −0.142%, 7d avg −0.039%
=Funding pays, the price is against you. MEXC is 0.103% cheaper against BloFin than usual: you would sell low and buy high (spread −0.142% now, against its 7-day average of −0.039%). If the spread goes back, that is −$10 on $10k: about 9.1 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 | 0.4215 | 0.0268 | pay 0.0134% / 4h | 1h 46m | $575K | $268K | 20x |
| Short | MEXC GRASS_USDT | 0.4209 | 0.0306 | get 0.0153% / 4h | 1h 46m | $1.3M | $1.6M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $7.96
- Price spread: −0.142% → −0.039%
- −$10.35
- Slippage, 4 orders
- −$50.29
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$68.68
- Costs to cover
- 0.663%
- Break-even
- 67.4 days
Slippage from BloFin: live order book, 34 min ago; MEXC: live order book, 4 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, 34 min ago | 3.34 bp | 25.1 bp −$25 | 44.4 bp −$444 | 137.5 bp −$13.8K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.34 bp | 12.0 bp −$12 | 54.1 bp −$541 | 114.8 bp −$11.5K | 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 | 0.4232 | +0.403% | $636 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +1.234% | $7 | $23K | 5.5x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4231 | +0.382% | $23.7M | $11.9M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4231 | +0.380% | $3.0M | $9.2M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4225 | +0.237% | $1.1M | $1.3M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4233 | +0.415% | $5.0M | $2.4M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4282 | +1.581% | $2.1M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0136% | 4h | 0.4237 | +0.522% | $1.4M | $1.1M | 50x | as long as short |
| BloFin GRASS-USDTlong | +0.0268% | 4h | 0.4215 | long leg | $575K | $268K | 20x | |
| Extended GRASS-USD | +0.0296% | 1h | 0.4232 | +0.400% | $208K | $823K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance GRASSUSDT | +0.0298% | 4h | 0.4224 | +0.222% | $10.3M | $19.1M | 75x | as long as short |
| MEXC GRASS_USDTshort | +0.0306% | 4h | 0.4209 | −0.142% | $1.3M | $1.6M | 100x | |
| BingX GRASS-USDT | +0.0358% | 4h | 0.4240 | +0.593% | — | $7.2M | — | as long as short |
| Hyperliquid GRASS | +0.0737% | 1h | 0.4238 | +0.539% | $15.6M | $2.9M | 3x | as long as short |
| Aster GRASSUSDT | +0.1248% | 4h | 0.4227 | +0.274% | $60K | $156K | 10x | as long as short |
| Lighter GRASS | +0.1488% | 1h | 0.4239 | +0.565% | $741K | $640K | 5x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1521% | 1h | 0.4217 | +0.057% | $155K | $95K | 20x | as long as short |
BloFin GRASS-USDT
MEXC GRASS_USDT
Injective GRASS/USDC PERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
KuCoin GRASSUSDTM
Extended GRASS-USD
Binance GRASSUSDT
BingX GRASS-USDT
Hyperliquid GRASS
Aster GRASSUSDT
Lighter GRASS
Kraken Futures PF_GRASSUSD