Funding you earn now, next payment 09:00 UTC+0.1003%/8h= +109.9% APRnext payment +$1.25 per $10,000 · paid last 24h +0.143%
Price spread now: Kraken Futures against Extended+0.671%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs+$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$1461.464% of the position
Funding, last 7 days+2.105%+$211 on $10k
+Price spread, last 4 days (all we have)−0.605%−$61 · spread now +0.671%, 7d avg +0.102%
=Together, before fees+1.500%+ Points / potential airdropExtended: Active · farm board+$150 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Kraken Futures is 0.569% dearer against Extended than usual: you sell high and buy low: +$57 more if the spread goes back to its 7-day average of +0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GRASS-USD | 0.4554 | 0.0104 | pay 0.0013% / 1h | 41m 39s | $225K | $1.3M | 10x |
| Short | Kraken Futures PF_GRASSUSD | 0.4584 | 0.1107 | get 0.0138% / 1h | 41m 39s | $165K | $162K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $210.7
- Price spread: +0.671% → +0.102%
- $56.91
- Slippage, 4 orders
- −$131.41
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $121.2
- Costs to cover
- 1.464%
- Break-even
- 3.0 days
Slippage from Extended: live order book, 2 min ago; Kraken Futures: live order book, 56 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 Extended live order book, 2 min ago | 3.28 bp | 13.3 bp −$13 | 91.3 bp −$913 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 56 min ago | 30.17 bp | 51.3 bp −$51 | 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 | −0.0107% | 1h | 0.4582 | +0.608% | $688 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −6.300% | $7 | $23K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4551 | −0.070% | $10.9M | $39.8M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4550 | −0.077% | $26.3M | $21.6M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4558 | +0.090% | $3.6M | $23.7M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4542 | −0.262% | $1.3M | $2.0M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4559 | +0.112% | $1.9M | $3.1M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4545 | −0.196% | $1.5M | $2.1M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4553 | −0.029% | $5.4M | $4.1M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4548 | −0.130% | — | $7.5M | — | 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 | 0.4572 | +0.403% | $2.3M | $1.4M | — | as long as short |
| Extended GRASS-USDlong | +0.0104% | 1h | 0.4554 | long leg | $225K | $1.3M | 10x | |
| BloFin GRASS-USDT | +0.0160% | 4h | 0.4581 | +0.595% | $576K | $420K | 20x | as long as short |
| Hyperliquid GRASS | +0.0458% | 1h | 0.4561 | +0.162% | $17.4M | $4.8M | 3x | as long as short |
| Aster GRASSUSDT | +0.0505% | 4h | 0.4557 | +0.064% | $64K | $336K | 10x | as long as short |
| Kraken Futures PF_GRASSUSDshort | +0.1107% | 1h | 0.4584 | +0.671% | $165K | $162K | 20x | |
| Lighter GRASS | +0.1272% | 1h | 0.4575 | +0.463% | $886K | $1.0M | 5x | as long as short |
Extended GRASS-USD
Kraken Futures PF_GRASSUSD
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASS
BloFin GRASS-USDT
Hyperliquid GRASS
Aster GRASSUSDT
Lighter GRASS