Funding you earn now, next payment 03:00 UTC+0.1796%/8h= +196.7% APRpaid last 24h +0.282%
Price spread now: Lighter against KuCoin+0.357%7-day average +0.151% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2292.293% of the position
Funding, last 7 days+0.818%+$82 on $10k
+Price spread, last 4 days (all we have)+0.321%+$32 · spread now +0.357%, 7d avg +0.151%
=Together, before fees+1.139%+ Points / potential airdropLighter: Season 3 · farm board+$114 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$54 a day on $10k at the current rate, and Lighter is 0.206% dearer against KuCoin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.151%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.818% in total (about 42.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GRASSUSDTM | 0.4261 | 0.0100 | pay 0.0050% / 4h | 1h 26m | $1.3M | $1.7M | 50x |
| Short | Lighter GRASS | 0.4276 | 0.1896 | get 0.0237% / 1h | 26m 22s | $836K | $786K | 5x |
KuCoin GRASSUSDTM
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $377.16
- Price spread: +0.357% → +0.151%
- $20.6
- Slippage, 4 orders
- −$217.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $168.48
- Costs to cover
- 2.293%
- Break-even
- 3.9 days
Slippage from KuCoin: live order book, 10 min ago; Lighter: live order book, 34 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 KuCoin live order book, 10 min ago | 8.28 bp | 28.3 bp −$28 | 653.5 bp −$6,535 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 34 min ago | 43.13 bp | 51.4 bp −$51 | 150.6 bp −$1,506 | doesn't fit | doesn't fit |
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 | −0.0111% | 1h | 0.4261 | +0.006% | $640 | — | 15x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0004% | 1h | 0.4264 | +0.073% | $152K | $130K | 20x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +0.141% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0095% | 4h | 0.4270 | +0.211% | $538K | $308K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4263 | +0.039% | $10.1M | $29.3M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4257 | −0.089% | $23.8M | $16.7M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4258 | −0.070% | $3.3M | $15.7M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4257 | −0.094% | $1.2M | $1.6M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4260 | −0.023% | $1.2M | $2.4M | 100x | as long as short |
| KuCoin GRASSUSDTMlong | +0.0100% | 4h | 0.4261 | long leg | $1.3M | $1.7M | 50x |
Reya GRASSRUSDPERP
Kraken Futures PF_GRASSUSD
Injective GRASS/USDC PERP
BloFin GRASS-USDT
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4260 | −0.028% | $5.0M | $3.2M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4257 | −0.094% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4272 | +0.261% | $2.1M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4260 | −0.027% | $211K | $909K | 10x | as long as short |
| Aster GRASSUSDT | +0.0565% | 4h | 0.4256 | −0.118% | $66K | $226K | 10x | as long as short |
| Hyperliquid GRASS | +0.0968% | 1h | 0.4266 | +0.122% | $16.1M | $3.9M | 3x | as long as short |
| Lighter GRASSshort | +0.1896% | 1h | 0.4276 | +0.357% | $836K | $786K | 5x |
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Aster GRASSUSDT
Hyperliquid GRASS