Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0431%/8h= +47.2% APRpaid last 24h −0.033%

Price spread now: Aster against Kraken Futures+0.247%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1431.429% of the position

Long on Kraken Futures Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−1.734%−$173 on $10k

Price spread, last 3 days (all we have)−0.354%−$35 · spread now +0.247%, 7d avg −0.015%

Together, before fees−2.088%+ Points / potential airdropAster: Stage 5 · farm board−$209 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Aster is 0.262% dearer against Kraken Futures than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.015%. Mind the row above: over the last 5 days funding on this pair cost −1.734%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_GRASSUSD	0.4110	0.0004	pay 0.0001% / 1h	57m 08s	$147K	$128K	20x
Short	Aster GRASSUSDT	0.4120	0.0435	get 0.0218% / 4h	1h 57m	$64K	$222K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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 Kraken FuturesbpFee AsterbpOrdersPrice spread, now +0.247%Rate

Funding earned: $90.46
Price spread: +0.247% → −0.015%: $26.23
Slippage, 4 orders: −$124.91
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$26.22
Costs to cover: 1.429%
Break-even: 9.0 days

Slippage from Kraken Futures: live order book, 5 min ago; Aster: live order book, 46 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 Kraken Futures live order book, 5 min ago	20.58 bp	38.7 bp −$39	135.5 bp −$1,355	doesn't fit	doesn't fit
Sell Aster live order book, 46 min ago	8.32 bp	20.1 bp −$20	doesn't fit	doesn't fit	doesn't fit

GRASS on 16 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	−0.0111%	1h	0.4110	+0.017%	$618	—	15x	as long as short
Kraken Futures PF_GRASSUSDlong	+0.0004%	1h	0.4110	long leg	$147K	$128K	20x
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+3.828%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4115	+0.119%	$9.8M	$28.6M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4112	+0.046%	$23.0M	$16.4M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4115	+0.129%	$3.1M	$14.7M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4112	+0.056%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4114	+0.105%	$1.2M	$2.3M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4114	+0.105%	$1.2M	$1.6M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4109	−0.017%	$4.8M	$3.1M	75x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDT	+0.0100%	4h	0.4115	+0.129%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4122	+0.294%	$2.0M	$1.2M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4107	−0.058%	$204K	$903K	10x	as long as short
Aster GRASSUSDTshort	+0.0435%	4h	0.4120	+0.247%	$64K	$222K	10x
Hyperliquid GRASS	+0.1005%	1h	0.4119	+0.236%	$15.5M	$3.9M	3x	as long as short
Lighter GRASS	+0.1416%	1h	0.4131	+0.509%	$807K	$783K	5x	as long as short