Funding you earn now, next payment 01:00 UTC−0.1711%/8h= −187.3% APRnext payment −$2.14 per $10,000 · paid last 24h −0.050%
Price spread now: Kraken Futures against Lighter−0.488%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$303as in the Price arb table
costs, in and out, $10k−$2592.594% of the position
Funding, last 7 days+1.254%+$125 on $10k
+Price spread, last 3 days (all we have)+0.532%+$53 · spread now −0.488%, 7d avg −0.057%
=Together, before fees+1.787%+ Points / potential airdropLighter: Season 3 · farm board+$179 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 Kraken Futures is 0.431% cheaper against Lighter than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of −0.057%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.254%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GRASS | 0.4169 | 0.1992 | pay 0.0249% / 1h | 49m 11s | $814K | $780K | 5x |
| Short | Kraken Futures PF_GRASSUSD | 0.4148 | 0.0281 | get 0.0035% / 1h | 49m 11s | $147K | $125K | 20x |
Lighter GRASS
Kraken Futures PF_GRASSUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$359.21
- Price spread: −0.488% → −0.057%
- −$43.11
- Slippage, 4 orders
- −$249.43
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$661.75
- Costs to cover
- 2.594%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 21 min ago; Kraken Futures: live order book, 23 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, 21 min ago | 72.16 bp | 87.2 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 23 min ago | 21.65 bp | 49.4 bp −$49 | doesn't fit | 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 | −0.0112% | 1h | 0.4155 | −0.319% | $624 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +2.358% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0051% | 4h | 0.4150 | −0.449% | $522K | $298K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4152 | −0.412% | $9.8M | $25.9M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4149 | −0.463% | $23.6M | $15.0M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4151 | −0.425% | $3.1M | $13.1M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4154 | −0.353% | $1.1M | $1.5M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4151 | −0.425% | $1.2M | $2.2M | 100x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4149 | −0.480% | $4.8M | $2.9M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4151 | −0.425% | — | $7.3M | — | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
BloFin GRASS-USDT
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
Bitget GRASSUSDT
BingX GRASS-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRASS | +0.0100% | 4h | 0.4127 | −1.004% | $2.0M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4149 | −0.475% | $205K | $895K | 10x | as long as short |
| KuCoin GRASSUSDTM | +0.0120% | 4h | 0.4152 | −0.401% | $1.2M | $1.4M | 50x | as long as short |
| Kraken Futures PF_GRASSUSDshort | +0.0281% | 1h | 0.4148 | −0.488% | $147K | $125K | 20x | |
| Aster GRASSUSDT | +0.0566% | 4h | 0.4156 | −0.305% | $65K | $210K | 10x | as long as short |
| Hyperliquid GRASS | +0.0578% | 1h | 0.4160 | −0.202% | $15.5M | $3.7M | 3x | as long as short |
| Lighter GRASSlong | +0.1992% | 1h | 0.4169 | long leg | $814K | $780K | 5x |
Variational Omni GRASS
Extended GRASS-USD
KuCoin GRASSUSDTM
Aster GRASSUSDT
Hyperliquid GRASS