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

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.86 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.131%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1991.985% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days−0.020%−$2 · spread now +0.131%, 7d avg +0.089%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.042% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GRASSUSDTM0.42610.0134pay 0.0067% / 4h1h 48m$1.4M$1.0M50x
ShortBinance GRASSUSDT0.42670.0306get 0.0153% / 4h1h 48m$10.4M$18.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$36.14
Price spread: +0.131% → +0.089%
$4.21
Slippage, 4 orders
−$176.52
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$158.17
Costs to cover
1.985%
Break-even
37.6 days
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 7 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 KuCoin live order book, 2 min ago10.53 bp48.5 bp −$49390.2 bp −$3,902doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago2.29 bp32.8 bp −$3389.2 bp −$892426.7 bp −$42.7Kdoesn'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−0.0114%1h0.4276+0.358%$64315xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267+0.141%$7$23K5.5xas long as short
Bybit GRASSUSDT+0.0100%4h0.4273+0.272%$24.0M$11.6M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4264+0.070%$3.1M$9.0M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4271+0.235%$1.1M$1.3M50xas long as short
Bitget GRASSUSDT+0.0100%4h0.4271+0.244%$5.0M$2.3M75xas long as short
Variational Omni GRASS+0.0100%4h0.4282+0.484%$2.1M$1.1Mas long as short
KuCoin GRASSUSDTMlong+0.0134%4h0.4261long leg$1.4M$1.0M50x
BloFin GRASS-USDT+0.0271%4h0.4277+0.375%$584K$268K20xas long as short
Binance GRASSUSDTshort+0.0306%4h0.4267+0.131%$10.4M$18.6M75x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GRASS-USD+0.0312%1h0.4272+0.265%$211K$823K10xas long as short
MEXC GRASS_USDT+0.0312%4h0.4257−0.094%$1.4M$1.6M100xas long as short
BingX GRASS-USDT+0.0360%4h0.4274+0.305%$7.2Mas long as short
Hyperliquid GRASS+0.0770%1h0.4256−0.115%$15.7M$2.9M3xas long as short
Aster GRASSUSDT+0.1266%4h0.4260−0.013%$61K$140K10xas long as short
Kraken Futures PF_GRASSUSD+0.1501%1h0.4274+0.314%$158K$91K20xas long as short
Lighter GRASS+0.1608%1h0.4279+0.425%$747K$639K5xas long as short