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: BingX against Variational Omni+0.482%7-day average +0.097% · you sell dearer than you buy

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

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 7 days−0.388%−$39 · spread now +0.482%, 7d avg +0.097%

Together, before fees−0.388%+ Points / potential airdropVariational Omni: Active · farm board−$39 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 0.385% dearer against Variational Omni than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of +0.097%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GRASS	0.4185	0.0100	pay 0.0050% / 4h	3h 09m	$2.0M	$1.2M	—
Short	BingX GRASS-USDT	0.4205	0.0100	get 0.0050% / 4h	3h 09m	—	$7.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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 Variational OmnibpFee BingXbpOrdersPrice spread, now +0.482%Rate

Funding earned: $0
Price spread: +0.482% → +0.097%: $38.52
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: $28.52
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; BingX: live order book, 13 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 Variational Omni RFQ quote, 4 min ago	5.97 bp	doesn't fit	41.8 bp −$418	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	5.99 bp	26.0 bp −$26	41.2 bp −$412	269.8 bp −$27.0K	700.0 bp −$350.0K

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	0.4205	+0.474%	$632	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+1.964%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4209	+0.578%	$10.0M	$26.7M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4204	+0.459%	$23.8M	$15.3M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4206	+0.506%	$3.2M	$13.8M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4201	+0.387%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4206	+0.506%	$1.2M	$2.2M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4202	+0.416%	$4.9M	$3.0M	75x	as long as short
BingX GRASS-USDTshort	+0.0100%	4h	0.4205	+0.482%	—	$7.3M	—
Variational Omni GRASSlong	+0.0100%	4h	0.4185	long leg	$2.0M	$1.2M	—

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRASS-USD	+0.0104%	1h	0.4205	+0.484%	$207K	$900K	10x	as long as short
BloFin GRASS-USDT	+0.0131%	4h	0.4180	−0.115%	$525K	$302K	20x	as long as short
KuCoin GRASSUSDTM	+0.0214%	4h	0.4208	+0.554%	$1.3M	$1.5M	50x	as long as short
Kraken Futures PF_GRASSUSD	+0.0278%	1h	0.4201	+0.393%	$150K	$127K	20x	as long as short
Hyperliquid GRASS	+0.0564%	1h	0.4211	+0.633%	$15.7M	$3.7M	3x	as long as short
Aster GRASSUSDT	+0.0586%	4h	0.4198	+0.310%	$68K	$209K	10x	as long as short
Lighter GRASS	+0.2088%	1h	0.4220	+0.839%	$824K	$783K	5x	as long as short