Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0213%/8h= +23.3% APRpaid last 24h +0.066%

Price spread now: OKX against Reya−0.328%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 OKX

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 · farm boardneeds both histories

Funding pays, the price is against you. OKX is 0.328% cheaper against Reya than usual: you would sell low and buy high (spread −0.328% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$33 on $10k: about 5.1 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya GRASSRUSDPERP	0.4201	−0.0113	get 0.0014% / 1h	42m 04s	$631	—	15x
Short	OKX GRASS-USDT-SWAP	0.4187	0.0100	get 0.0050% / 4h	42m 04s	$3.0M	$11.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.328%Rate

Funding earned: $44.75
Price spread: −0.328% → 0.000%: −$32.75
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$4
Costs to cover: 0.160%
Break-even: 7.6 days

Slippage unknown: Reya: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago	2.38 bp	25.8 bp −$26	65.2 bp −$652	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	−0.0113%	1h	0.4201	long leg	$631	—	15x
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+1.577%	$7	$23K	5.5x	as long as short
Hyperliquid GRASS	+0.0100%	1h	0.4194	−0.149%	$15.6M	$3.5M	3x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4184	−0.399%	$23.5M	$13.9M	25x	as long as short
OKX GRASS-USDT-SWAPshort	+0.0100%	4h	0.4187	−0.328%	$3.0M	$11.9M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4185	−0.375%	$1.1M	$1.5M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4185	−0.380%	$4.9M	$2.7M	75x	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4229	+0.672%	$2.0M	$1.2M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4200	−0.012%	$207K	$823K	10x	as long as short
Binance GRASSUSDT	+0.0107%	4h	0.4185	−0.368%	$9.9M	$23.6M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin GRASS-USDT	+0.0107%	4h	0.4202	+0.030%	$554K	$282K	20x	as long as short
MEXC GRASS_USDT	+0.0112%	4h	0.4189	−0.280%	$1.2M	$2.0M	100x	as long as short
BingX GRASS-USDT	+0.0148%	4h	0.4189	−0.280%	—	$7.2M	—	as long as short
KuCoin GRASSUSDTM	+0.0186%	4h	0.4199	−0.042%	$1.3M	$1.3M	50x	as long as short
Aster GRASSUSDT	+0.0839%	4h	0.4198	−0.071%	$73K	$200K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1389%	1h	0.4200	−0.020%	$150K	$116K	20x	as long as short
Lighter GRASS	+0.1680%	1h	0.4222	+0.515%	$824K	$764K	5x	as long as short