Funding you earn now, next payment 22:00 UTC+0.1676%/8h= +183.5% APRpaid last 24h +0.181%
Price spread now: Lighter against Variational Omni+0.175%7-day average +0.205% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.473%+$47 on $10k
+Price spread, last 4 days (all we have)+0.209%+$21 · spread now +0.175%, 7d avg +0.205%
=Together, before fees+0.682%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$68 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.030% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.175% now, against its 7-day average of +0.205%). If the spread goes back, that is −$3 on $10k: about 1 hour of funding at the current rate (+$50 a day). At the pace of the last 3 days (+0.473% in total) that is about 5 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.473% in total (about 53.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni GRASS | 0.4466 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $2.2M | $1.1M | — |
| Short | Lighter GRASS | 0.4474 | 0.1776 | get 0.0222% / 1h | 10m 52s | $696K | $538K | 5x |
Variational Omni GRASS
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $351.96
- Price spread: +0.175% → +0.205%
- −$3.01
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $348.95
- Costs to cover
- 0.000%
- Break-even
- 0.1 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Lighter: live order book, 9 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, 3 min ago | 10.05 bp | doesn't fit | 39.1 bp −$391 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 9 min ago | 0.11 bp | 4.1 bp −$4 | 102.0 bp −$1,020 | doesn't fit | doesn't fit |
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 | −0.0114% | 1h | 0.4463 | −0.082% | $671 | — | 15x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4489 | +0.506% | $25.1M | $10.7M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4497 | +0.687% | $3.4M | $8.0M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4489 | +0.508% | $1.2M | $1.2M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4487 | +0.472% | $5.3M | $2.1M | 75x | as long as short |
| Variational Omni GRASSlong | +0.0100% | 4h | 0.4466 | long leg | $2.2M | $1.1M | — | |
| KuCoin GRASSUSDTM | +0.0112% | 4h | 0.4487 | +0.463% | $1.6M | $972K | 50x | as long as short |
| Extended GRASS-USD | +0.0376% | 1h | 0.4486 | +0.447% | $221K | $823K | 10x | as long as short |
| MEXC GRASS_USDT | +0.0378% | 4h | 0.4490 | +0.531% | $1.8M | $1.4M | 100x | as long as short |
| Binance GRASSUSDT | +0.0379% | 4h | 0.4494 | +0.620% | $11.0M | $16.1M | 75x | as long as short |
Reya GRASSRUSDPERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
KuCoin GRASSUSDTM
Extended GRASS-USD
MEXC GRASS_USDT
Binance GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GRASS-USDT | +0.0385% | 4h | 0.4467 | +0.016% | $595K | $259K | 20x | as long as short |
| BingX GRASS-USDT | +0.0390% | 4h | 0.4490 | +0.531% | — | $7.1M | — | as long as short |
| Hyperliquid GRASS | +0.0407% | 1h | 0.4471 | +0.094% | $16.4M | $2.6M | 3x | as long as short |
| Aster GRASSUSDT | +0.1490% | 4h | 0.4471 | +0.114% | $65K | $129K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1508% | 1h | 0.4464 | −0.049% | $164K | $79K | 20x | as long as short |
| Lighter GRASSshort | +0.1776% | 1h | 0.4474 | +0.175% | $696K | $538K | 5x | |
| Injective GRASS/USDC PERP | +0.5000% | 1h | 0.4267 | −4.462% | $7 | $23K | 5.5x | as long as short |
BloFin GRASS-USDT
BingX GRASS-USDT
Hyperliquid GRASS
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Injective GRASS/USDC PERP