Funding you earn now, next payment 03:00 UTC−0.1796%/8h= −196.7% APRpaid last 24h −0.282%
Price spread now: KuCoin against Lighter−0.402%7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$311as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as 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)−0.276%−$28 · spread now −0.402%, 7d avg −0.151%
=Together, before fees−1.094%+ Points / potential airdropLighter: Season 3 · farm board−$109 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$54 a day on $10k at the current rate, and KuCoin is 0.251% cheaper against Lighter than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.151%). Swap the legs.
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 | Lighter GRASS | 0.4281 | 0.1896 | pay 0.0237% / 1h | 26m 04s | $837K | $786K | 5x |
| Short | KuCoin GRASSUSDTM | 0.4264 | 0.0100 | get 0.0050% / 4h | 1h 26m | $1.3M | $1.7M | 50x |
Lighter GRASS
KuCoin GRASSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$377.16
- Price spread: −0.402% → −0.151%
- −$25.11
- Slippage, 4 orders
- −$217.29
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$631.56
- Costs to cover
- 2.293%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 34 min ago; KuCoin: live order book, 10 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, 34 min ago | 43.13 bp | 122.8 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 8.28 bp | 26.8 bp −$27 | 262.5 bp −$2,625 | 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 | −0.466% | $640 | — | 15x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0004% | 1h | 0.4264 | −0.400% | $152K | $130K | 20x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −0.332% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0095% | 4h | 0.4270 | −0.262% | $538K | $308K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4268 | −0.315% | $10.2M | $29.3M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4265 | −0.369% | $23.8M | $16.7M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4269 | −0.285% | $3.3M | $15.8M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4258 | −0.542% | $1.2M | $1.6M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4269 | −0.285% | $1.2M | $2.4M | 100x | as long as short |
| KuCoin GRASSUSDTMshort | +0.0100% | 4h | 0.4264 | −0.402% | $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 | 0.4265 | −0.381% | $5.0M | $3.2M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4260 | −0.495% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4255 | −0.609% | $2.1M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4268 | −0.317% | $211K | $904K | 10x | as long as short |
| Aster GRASSUSDT | +0.0565% | 4h | 0.4258 | −0.548% | $66K | $226K | 10x | as long as short |
| Hyperliquid GRASS | +0.0960% | 1h | 0.4269 | −0.285% | $16.1M | $3.9M | 3x | as long as short |
| Lighter GRASSlong | +0.1896% | 1h | 0.4281 | long leg | $837K | $786K | 5x |
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Aster GRASSUSDT
Hyperliquid GRASS