GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.3200%/8h= −350.4% APRnext payment −$4.00 per $10,000 · paid last 24h +0.196%

Price spread now: Lighter against Injective+4.394%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 4.394% dearer against Injective than usual: you sell high and buy low (spread +4.394% now, against zero (this spread has no 7-day history yet)): +$439 on $10k if it goes back. Holding the pair costs −$96 a day in funding at the current rate, which eats that in about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective GRASS/USDC PERP	0.4267	0.5000	pay 0.0625% / 1h	4m 43s	$7	$23K	5.5x
Short	Lighter GRASS	0.4455	0.1800	get 0.0225% / 1h	4m 43s	$693K	$540K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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

Position, each leg$Hold fordaysFee InjectivebpFee LighterbpOrdersPrice spread, now +4.394%Rate

Funding earned: −$672
Price spread: +4.394% → 0.000%: $439.42
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: −$232.6
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 15 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 15 min ago	0.11 bp	4.1 bp −$4	102.0 bp −$1,020	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.4451	+4.309%	$669	—	15x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4431	+3.853%	$24.8M	$10.9M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4438	+4.007%	$3.4M	$8.1M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4431	+3.843%	$1.2M	$1.3M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4434	+3.911%	$5.2M	$2.1M	75x	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4463	+4.600%	$2.2M	$1.1M	—	as long as short
KuCoin GRASSUSDTM	+0.0138%	4h	0.4437	+3.984%	$1.5M	$973K	50x	as long as short
BloFin GRASS-USDT	+0.0345%	4h	0.4456	+4.429%	$590K	$262K	20x	as long as short
Binance GRASSUSDT	+0.0384%	4h	0.4437	+3.983%	$10.9M	$16.6M	75x	as long as short
Extended GRASS-USD	+0.0384%	1h	0.4435	+3.937%	$219K	$823K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC GRASS_USDT	+0.0386%	4h	0.4437	+3.984%	$1.6M	$1.4M	100x	as long as short
BingX GRASS-USDT	+0.0386%	4h	0.4436	+3.961%	—	$7.1M	—	as long as short
Hyperliquid GRASS	+0.0436%	1h	0.4444	+4.143%	$16.3M	$2.6M	3x	as long as short
Aster GRASSUSDT	+0.1474%	4h	0.4444	+4.157%	$65K	$129K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1511%	1h	0.4456	+4.430%	$164K	$79K	20x	as long as short
Lighter GRASSshort	+0.1800%	1h	0.4455	+4.394%	$693K	$540K	5x
Injective GRASS/USDC PERPlong	+0.5000%	1h	0.4267	long leg	$7	$23K	5.5x