Funding you earn now, next payment 00:00 UTC+0.0990%/8h= +108.4% APRnext payment +$4.95 per $10,000 · paid last 24h +0.157%
Price spread now: Aster against Bybit−0.134%7-day average +0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$910.915% of the position
Funding, last 5 days (all we have)+0.255%+$25 on $10k
+Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.134%, 7d avg +0.144%
=Together, before fees+0.447%+ Points / potential airdropAster: Stage 5 · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.278% cheaper against Bybit than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of +0.144%). If the spread goes back, that is −$28 on $10k: about 22 hours of funding at the current rate (+$30 a day). At the pace of the last 5 days (+0.255% in total) that is about 5.8 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.255% in total (about 17.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.95 per $10,000. 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 | Bybit GRASSUSDT | 0.4215 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $23.8M | $12.6M | 25x |
| Short | Aster GRASSUSDT | 0.4209 | 0.1090 | get 0.0545% / 4h | 1h 30m | $62K | $165K | 10x |
Bybit GRASSUSDT
Aster GRASSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. 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
- $207.85
- Price spread: −0.134% → +0.144%
- −$27.82
- Slippage, 4 orders
- −$72.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $88.57
- Costs to cover
- 0.915%
- Break-even
- 4.0 days
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 28 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 Bybit live order book, 3 min ago | 2.38 bp | 24.5 bp −$24 | 42.3 bp −$423 | doesn't fit | doesn't fit |
| Sell Aster live order book, 28 min ago | 7.84 bp | 23.4 bp −$23 | doesn't fit | 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 | −0.0114% | 1h | 0.4212 | −0.071% | $633 | — | 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 GRASSUSDTlong | +0.0100% | 4h | 0.4215 | long leg | $23.8M | $12.6M | 25x | |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4216 | +0.024% | $3.0M | $9.8M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4207 | −0.190% | $1.1M | $1.4M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4216 | +0.014% | $4.9M | $2.5M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4216 | +0.035% | $2.0M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0138% | 4h | 0.4211 | −0.095% | $1.4M | $1.1M | 50x | as long as short |
| BloFin GRASS-USDT | +0.0188% | 4h | 0.4218 | +0.071% | $545K | $277K | 20x | as long as short |
| Binance GRASSUSDT | +0.0205% | 4h | 0.4216 | +0.035% | $10.0M | $20.3M | 75x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
KuCoin GRASSUSDTM
BloFin GRASS-USDT
Binance GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRASS-USD | +0.0208% | 1h | 0.4211 | −0.089% | $208K | $823K | 10x | as long as short |
| MEXC GRASS_USDT | +0.0208% | 4h | 0.4215 | 0.000% | $1.3M | $1.7M | 100x | as long as short |
| BingX GRASS-USDT | +0.0222% | 4h | 0.4215 | 0.000% | — | $7.2M | — | as long as short |
| Hyperliquid GRASS | +0.0624% | 1h | 0.4219 | +0.085% | $15.6M | $3.1M | 3x | as long as short |
| Aster GRASSUSDTshort | +0.1090% | 4h | 0.4209 | −0.134% | $62K | $165K | 10x | |
| Kraken Futures PF_GRASSUSD | +0.1523% | 1h | 0.4213 | −0.057% | $152K | $98K | 20x | as long as short |
| Lighter GRASS | +0.1600% | 1h | 0.4230 | +0.356% | $739K | $640K | 5x | as long as short |
Extended GRASS-USD
MEXC GRASS_USDT
BingX GRASS-USDT
Hyperliquid GRASS
Kraken Futures PF_GRASSUSD
Lighter GRASS