Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against OKX−0.073%7-day average +0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$840.837% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days+0.226%+$23 · spread now −0.073%, 7d avg +0.091%

Together, before fees+0.234%+$23 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.164% cheaper against OKX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.091%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRASS-USDT-SWAP	0.4135	0.0100	pay 0.0050% / 4h	3h 33m	$3.0M	$13.4M	20x
Short	Binance GRASSUSDT	0.4132	0.0100	get 0.0050% / 4h	3h 33m	$9.8M	$26.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BinancebpOrdersPrice spread, now −0.073%Rate

Funding earned: $0
Price spread: −0.073% → +0.091%: −$16.44
Slippage, 4 orders: −$63.69
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$100.13
Costs to cover: 0.837%
Break-even: never at this rate

Slippage from OKX: live order book, just now; Binance: live order book, 8 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 OKX live order book, just now	1.21 bp	20.0 bp −$20	59.1 bp −$591	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	3.63 bp	20.3 bp −$20	40.9 bp −$409	258.7 bp −$25.9K	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	0.4129	−0.154%	$620	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+3.192%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDT	+0.0093%	4h	0.4137	+0.048%	$524K	$299K	20x	as long as short
Binance GRASSUSDTshort	+0.0100%	4h	0.4132	−0.073%	$9.8M	$26.6M	75x
Bybit GRASSUSDT	+0.0100%	4h	0.4131	−0.097%	$23.5M	$15.3M	25x	as long as short
OKX GRASS-USDT-SWAPlong	+0.0100%	4h	0.4135	long leg	$3.0M	$13.4M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4127	−0.193%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4132	−0.073%	$1.2M	$2.2M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4128	−0.157%	$4.8M	$3.0M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4131	−0.097%	—	$7.3M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GRASS	+0.0100%	4h	0.4145	+0.238%	$2.0M	$1.2M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4128	−0.163%	$205K	$1.2M	10x	as long as short
KuCoin GRASSUSDTM	+0.0128%	4h	0.4132	−0.073%	$1.3M	$1.5M	50x	as long as short
Kraken Futures PF_GRASSUSD	+0.0283%	1h	0.4131	−0.104%	$147K	$127K	20x	as long as short
Hyperliquid GRASS	+0.0496%	1h	0.4141	+0.155%	$15.4M	$3.7M	3x	as long as short
Aster GRASSUSDT	+0.0523%	4h	0.4137	+0.056%	$66K	$214K	10x	as long as short
Lighter GRASS	+0.1920%	1h	0.4150	+0.375%	$810K	$782K	5x	as long as short