GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0141%/8h= +15.4% APRnext payment +$0.18 per $10,000 · paid last 24h +0.112%

Price spread now: Injective against Reya−4.104%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Injective

What this pair did over the last

the charts below follow

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Injective is 4.104% cheaper against Reya than usual: you would sell low and buy high (spread −4.104% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$410 on $10k: about 3 months of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya GRASSRUSDPERP	0.4450	−0.0107	get 0.0013% / 1h	17m 19s	$669	—	15x
Short	Injective GRASS/USDC PERP	0.4267	0.0033	get 0.0004% / 1h	17m 19s	$7	$23K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ReyabpFee InjectivebpOrdersPrice spread, now −4.104%Rate

Funding earned: $29.52
Price spread: −4.104% → 0.000%: −$410.37
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$386.87
Costs to cover: 0.060%
Break-even: 98.7 days

Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Reya and 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 GRASSRUSDPERPlong	−0.0107%	1h	0.4450	long leg	$669	—	15x
Injective GRASS/USDC PERPshort	+0.0033%	1h	0.4267	−4.104%	$7	$23K	5.5x
Binance GRASSUSDT	+0.0100%	4h	0.4447	−0.058%	$10.4M	$38.2M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4440	−0.214%	$25.6M	$20.9M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4438	−0.261%	$3.5M	$22.3M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4453	+0.076%	$1.3M	$1.9M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4453	+0.076%	$1.7M	$3.0M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4453	+0.076%	$1.3M	$2.1M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4439	−0.229%	$5.2M	$4.0M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4453	+0.076%	—	$7.4M	—	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	0.4468	+0.407%	$2.2M	$1.4M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4439	−0.236%	$223K	$1.3M	10x	as long as short
BloFin GRASS-USDT	+0.0108%	4h	0.4456	+0.144%	$558K	$398K	20x	as long as short
Aster GRASSUSDT	+0.0453%	4h	0.4449	−0.023%	$60K	$329K	10x	as long as short
Hyperliquid GRASS	+0.0502%	1h	0.4456	+0.144%	$16.9M	$4.7M	3x	as long as short
Kraken Futures PF_GRASSUSD	+0.0980%	1h	0.4446	−0.083%	$159K	$162K	20x	as long as short
Lighter GRASS	+0.1168%	1h	0.4465	+0.353%	$861K	$1.0M	5x	as long as short