Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.047%
Price spread now: Injective against MEXC+1.450%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 1.450% dearer against MEXC than usual: you sell high and buy low (spread +1.450% now, against zero (this spread has no 7-day history yet)): +$145 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2 months. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GRASS_USDT | 0.4206 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $1.4M | $2.2M | 100x |
| Short | Injective GRASS/USDC PERP | 0.4267 | 0.0033 | get 0.0004% / 1h | 42m 28s | $7 | $23K | 5.5x |
MEXC GRASS_USDT
Injective GRASS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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
- −$14
- Price spread: +1.450% → 0.000%
- $145.03
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $127.01
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 9 min ago; Injective: no order-book sample. Net counts fees only.
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 MEXC live order book, 9 min ago | 1.19 bp | 7.6 bp −$8 | 19.8 bp −$198 | 88.9 bp −$8,893 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.4204 | −0.050% | $632 | — | 15x | as long as short |
| Injective GRASS/USDC PERPshort | +0.0033% | 1h | 0.4267 | +1.450% | $7 | $23K | 5.5x | |
| BloFin GRASS-USDT | +0.0089% | 4h | 0.4216 | +0.238% | $534K | $297K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4210 | +0.101% | $10.0M | $27.3M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4211 | +0.126% | $23.8M | $15.5M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4215 | +0.214% | $3.2M | $14.2M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4203 | −0.071% | $1.2M | $1.5M | 50x | as long as short |
| MEXC GRASS_USDTlong | +0.0100% | 4h | 0.4206 | long leg | $1.4M | $2.2M | 100x | |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4209 | +0.059% | $4.9M | $3.0M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4210 | +0.095% | — | $7.3M | — | as long as short |
Reya GRASSRUSDPERP
BloFin GRASS-USDT
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate 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 | 0.4212 | +0.139% | $2.1M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4203 | −0.073% | $213K | $902K | 10x | as long as short |
| KuCoin GRASSUSDTM | +0.0204% | 4h | 0.4206 | 0.000% | $1.3M | $1.5M | 50x | as long as short |
| Aster GRASSUSDT | +0.0564% | 4h | 0.4205 | −0.020% | $68K | $210K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0631% | 1h | 0.4204 | −0.048% | $150K | $127K | 20x | as long as short |
| Hyperliquid GRASS | +0.1259% | 1h | 0.4213 | +0.159% | $15.8M | $3.8M | 3x | as long as short |
| Lighter GRASS | +0.2112% | 1h | 0.4225 | +0.445% | $826K | $782K | 5x | as long as short |
Variational Omni GRASS
Extended GRASS-USD
KuCoin GRASSUSDTM
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Hyperliquid GRASS
Lighter GRASS