GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1420%/8h= +155.5% APRnext payment +$1.77 per $10,000 · paid last 24h +0.410%

Price spread now: Lighter against Reya+0.546%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 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 · Lighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$43 a day on $10k at the current rate, and Lighter is 0.546% dearer against Reya than usual: you sell high and buy low: +$55 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya GRASSRUSDPERP	0.4388	−0.0108	get 0.0013% / 1h	19m 16s	$659	—	15x
Short	Lighter GRASS	0.4412	0.1312	get 0.0164% / 1h	19m 16s	$851K	$991K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Reya. 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 ReyabpFee LighterbpOrdersPrice spread, now +0.546%Rate

Funding earned: $298.19
Price spread: +0.546% → 0.000%: $54.58
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: $346.77
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Lighter: live order book, 21 min ago. 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 Lighter live order book, 21 min ago	48.31 bp	50.3 bp −$50	148.3 bp −$1,483	doesn't fit	doesn't fit

Reya: 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	−0.0108%	1h	0.4388	long leg	$659	—	15x
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−2.754%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDT	+0.0088%	4h	0.4392	+0.095%	$541K	$380K	20x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4393	+0.113%	$10.3M	$36.1M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4389	+0.026%	$25.0M	$19.9M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4391	+0.072%	$3.3M	$20.8M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4388	+0.003%	$1.2M	$1.8M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4392	+0.095%	$1.5M	$2.8M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4393	+0.117%	$1.3M	$2.0M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4388	+0.003%	$5.1M	$3.8M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDT	+0.0100%	4h	0.4389	+0.026%	—	$7.4M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4390	+0.043%	$2.2M	$1.4M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4388	−0.005%	$221K	$678K	10x	as long as short
Hyperliquid GRASS	+0.0310%	1h	0.4396	+0.188%	$16.7M	$4.5M	3x	as long as short
Aster GRASSUSDT	+0.0404%	4h	0.4394	+0.140%	$65K	$309K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.0587%	1h	0.4393	+0.118%	$158K	$152K	20x	as long as short
Lighter GRASSshort	+0.1312%	1h	0.4412	+0.546%	$851K	$991K	5x