Funding arb · Price arb /

GRASS

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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: BingX against OKX+0.024%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$920.921% of the position

Long on OKX Short on BingX

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−0.019%−$2 · spread now +0.024%, 7d avg −0.003%

Together, before fees−0.011%−$1 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: BingX is 0.027% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRASS-USDT-SWAP	0.4120	0.0100	pay 0.0050% / 4h	1h 57m	$3.1M	$14.7M	20x
Short	BingX GRASS-USDT	0.4121	0.0100	get 0.0050% / 4h	1h 57m	—	$7.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.024%Rate

Funding earned: $0
Price spread: +0.024% → −0.003%: $2.74
Slippage, 4 orders: −$72.13
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$89.39
Costs to cover: 0.921%
Break-even: never at this rate

Slippage from OKX: live order book, just now; BingX: 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 OKX live order book, just now	2.43 bp	20.5 bp −$20	66.5 bp −$665	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	6.06 bp	27.2 bp −$27	48.3 bp −$483	299.2 bp −$29.9K	671.3 bp −$335.6K

GRASS on 16 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	0.4120	+0.003%	$619	—	15x	as long as short
Kraken Futures PF_GRASSUSD	+0.0004%	1h	0.4122	+0.043%	$147K	$128K	20x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+3.568%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4121	+0.019%	$9.8M	$28.6M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4115	−0.119%	$23.0M	$16.4M	25x	as long as short
OKX GRASS-USDT-SWAPlong	+0.0100%	4h	0.4120	long leg	$3.1M	$14.7M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4115	−0.121%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4121	+0.024%	$1.2M	$2.3M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4117	−0.073%	$1.2M	$1.6M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4114	−0.150%	$4.8M	$3.1M	75x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDTshort	+0.0100%	4h	0.4121	+0.024%	—	$7.3M	—
Variational Omni GRASS	+0.0100%	4h	0.4122	+0.043%	$2.0M	$1.2M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4116	−0.102%	$205K	$903K	10x	as long as short
Aster GRASSUSDT	+0.0435%	4h	0.4127	+0.166%	$64K	$222K	10x	as long as short
Hyperliquid GRASS	+0.0922%	1h	0.4128	+0.182%	$15.5M	$3.9M	3x	as long as short
Lighter GRASS	+0.1416%	1h	0.4143	+0.546%	$809K	$783K	5x	as long as short