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

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0826%/8hnext payment +$1.03 per $10,000 · paid last 24h −0.046%
Price spread now: Hyperliquid against Kraken Futures+0.129%7-day average +0.105% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.494%−$149 on $10k
Price spread, last 3 days (all we have)−0.145%−$14 · spread now +0.129%, 7d avg +0.105%
Together, before fees−1.639%+ Points / potential airdropHyperliquid: Season 2 · farm board−$164 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Hyperliquid is 0.024% dearer against Kraken Futures than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.105%. Mind the row above: over the last 7 days funding on this pair cost −1.494%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GRASSUSD0.37020.0656pay 0.0082% / 1h6m 24s$146K$44K20x
ShortHyperliquid GRASS0.37070.1482get 0.0185% / 1h6m 24s$13.7M$1.4M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$173.41
Price spread: +0.129% → +0.105%
$2.39
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$156.8
Costs to cover
0.190%
Break-even
0.7 days
Slippage unknown: Kraken Futures: live order book, 25 min ago; Hyperliquid: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 25 min ago37.75 bp59.4 bp −$59197.8 bp −$1,978doesn't fitdoesn't fit
Sell Hyperliquid live order book, 11 min ago0.81 bp16.1 bp −$16doesn'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−0.0115%1h0.3701−0.028%$55615xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.3778+2.044%$6$48K5.5xas long as short
Binance GRASSUSDT+0.0100%4h0.3705+0.075%$8.3M$6.2M75xas long as short
Bybit GRASSUSDT+0.0100%4h0.3696−0.179%$19.2M$4.9M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.3704+0.045%$2.5M$2.4M20xas long as short
Gate GRASS_USDT+0.0100%4h0.3697−0.144%$1.0M$472K50xas long as short
MEXC GRASS_USDT+0.0100%4h0.3704+0.045%$1.0M$501K100xas long as short
KuCoin GRASSUSDTM+0.0100%4h0.3702−0.009%$1.3M$573K50xas long as short
Bitget GRASSUSDT+0.0100%4h0.3699−0.101%$4.3M$1.2M75xas long as short
BingX GRASS-USDT+0.0100%4h0.3700−0.063%$6.8Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GRASS+0.0100%4h0.3699−0.091%$1.1M$137Kas long as short
Extended GRASS-USD+0.0104%1h0.3701−0.040%$190K$808K10xas long as short
BloFin GRASS-USDT+0.0115%4h0.3707+0.126%$455K$135K20xas long as short
Kraken Futures PF_GRASSUSDlong+0.0656%1h0.3702long leg$146K$44K20x
Aster GRASSUSDT+0.0671%4h0.3706+0.097%$50K$81K10xas long as short
Hyperliquid GRASSshort+0.1482%1h0.3707+0.129%$13.7M$1.4M3x
Lighter GRASS+0.1648%1h0.3716+0.380%$502K$334K5xas long as short