Settings8H · net · $10k
Funding arb · Price arb /

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GRASS-USD0.45540.0104pay 0.0013% / 1h41m 39s$225K$1.3M10x
ShortKraken Futures PF_GRASSUSD0.45840.1107get 0.0138% / 1h41m 39s$165K$162K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago3.28 bp13.3 bp −$1391.3 bp −$913doesn't fitdoesn't fit
Sell Kraken Futures live order book, 56 min ago30.17 bp51.3 bp −$51doesn't fitdoesn't fitdoesn't fit

GRASS on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya GRASSRUSDPERP−0.0107%1h0.4582+0.608%$68815xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267−6.300%$7$23K5.5xas long as short
Binance GRASSUSDT+0.0100%4h0.4551−0.070%$10.9M$39.8M75xas long as short
Bybit GRASSUSDT+0.0100%4h0.4550−0.077%$26.3M$21.6M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4558+0.090%$3.6M$23.7M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4542−0.262%$1.3M$2.0M50xas long as short
MEXC GRASS_USDT+0.0100%4h0.4559+0.112%$1.9M$3.1M100xas long as short
KuCoin GRASSUSDTM+0.0100%4h0.4545−0.196%$1.5M$2.1M50xas long as short
Bitget GRASSUSDT+0.0100%4h0.4553−0.029%$5.4M$4.1M75xas long as short
BingX GRASS-USDT+0.0100%4h0.4548−0.130%$7.5Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GRASS+0.0100%4h0.4572+0.403%$2.3M$1.4Mas long as short
Extended GRASS-USDlong+0.0104%1h0.4554long leg$225K$1.3M10x
BloFin GRASS-USDT+0.0160%4h0.4581+0.595%$576K$420K20xas long as short
Hyperliquid GRASS+0.0458%1h0.4561+0.162%$17.4M$4.8M3xas long as short
Aster GRASSUSDT+0.0505%4h0.4557+0.064%$64K$336K10xas long as short
Kraken Futures PF_GRASSUSDshort+0.1107%1h0.4584+0.671%$165K$162K20x
Lighter GRASS+0.1272%1h0.4575+0.463%$886K$1.0M5xas long as short