Funding you earn now, next payment 22:00 UTC−0.1692%/8h= −185.3% APRpaid last 24h −0.181%
Price spread now: Gate against Lighter−0.477%7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1531.530% of the position
Funding, last 7 days−0.757%−$76 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.477%, 7d avg −0.167%
=Together, before fees−0.651%+ Points / potential airdropLighter: Season 3 · farm board−$65 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$51 a day on $10k at the current rate, and Gate is 0.310% cheaper against Lighter than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.167%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.757% in total (about -39.5% 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 | Lighter GRASS | 0.4508 | 0.1792 | pay 0.0224% / 1h | 10m 11s | $702K | $539K | 5x |
| Short | Gate GRASS_USDT | 0.4487 | 0.0100 | get 0.0050% / 4h | 2h 10m | $1.2M | $1.2M | 50x |
Lighter GRASS
Gate GRASS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Lighter. 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
- −$355.32
- Price spread: −0.477% → −0.167%
- −$30.96
- Slippage, 4 orders
- −$138.05
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$539.32
- Costs to cover
- 1.530%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 10 min ago; Gate: live order book, 2 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 Lighter live order book, 10 min ago | 0.11 bp | 87.4 bp −$87 | 352.5 bp −$3,525 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 10.10 bp | 29.8 bp −$30 | 444.8 bp −$4,448 | 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 | −0.0114% | 1h | 0.4483 | −0.563% | $674 | — | 15x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4488 | −0.446% | $25.2M | $10.7M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4493 | −0.344% | $3.4M | $8.0M | 20x | as long as short |
| Gate GRASS_USDTshort | +0.0100% | 4h | 0.4487 | −0.477% | $1.2M | $1.2M | 50x | |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4485 | −0.519% | $5.2M | $2.1M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4470 | −0.845% | $2.1M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0116% | 4h | 0.4490 | −0.410% | $1.6M | $973K | 50x | as long as short |
| MEXC GRASS_USDT | +0.0378% | 4h | 0.4494 | −0.322% | $1.8M | $1.4M | 100x | as long as short |
| BingX GRASS-USDT | +0.0378% | 4h | 0.4493 | −0.344% | — | $7.1M | — | as long as short |
| Extended GRASS-USD | +0.0384% | 1h | 0.4493 | −0.355% | $222K | $823K | 10x | as long as short |
Reya GRASSRUSDPERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Bitget GRASSUSDT
Variational Omni GRASS
KuCoin GRASSUSDTM
MEXC GRASS_USDT
BingX GRASS-USDT
Extended GRASS-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GRASS-USDT | +0.0385% | 4h | 0.4467 | −0.920% | $595K | $259K | 20x | as long as short |
| Binance GRASSUSDT | +0.0387% | 4h | 0.4494 | −0.322% | $11.0M | $16.3M | 75x | as long as short |
| Hyperliquid GRASS | +0.0412% | 1h | 0.4492 | −0.373% | $16.5M | $2.6M | 3x | as long as short |
| Aster GRASSUSDT | +0.1490% | 4h | 0.4497 | −0.248% | $66K | $129K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1498% | 1h | 0.4495 | −0.290% | $165K | $79K | 20x | as long as short |
| Lighter GRASSlong | +0.1792% | 1h | 0.4508 | long leg | $702K | $539K | 5x | |
| Injective GRASS/USDC PERP | +0.5000% | 1h | 0.4267 | −5.357% | $7 | $23K | 5.5x | as long as short |
BloFin GRASS-USDT
Binance GRASSUSDT
Hyperliquid GRASS
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Injective GRASS/USDC PERP