Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0192%/8h= +21.1% APRpaid last 24h +0.033%

Price spread now: Kraken Futures against Aster−0.213%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$177as in the Price arb table

costs, in and out, $10k−$1541.541% of the position

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+1.734%+$173 on $10k

Price spread, last 3 days (all we have)+0.320%+$32 · spread now −0.213%, 7d avg +0.015%

Together, before fees+2.054%+ Points / potential airdropAster: Stage 5 · farm board+$205 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.228% cheaper against Aster than usual: you would sell low and buy high (spread −0.213% now, against its 7-day average of +0.015%). If the spread goes back, that is −$23 on $10k: about 4.0 days of funding at the current rate (+$6 a day). At the pace of the last 5 days (+1.734% in total) that is about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster GRASSUSDT	0.4133	0.0451	pay 0.0225% / 4h	2h 04m	$63K	$222K	10x
Short	Kraken Futures PF_GRASSUSD	0.4124	0.0643	get 0.0080% / 1h	4m 08s	$147K	$128K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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 AsterbpFee Kraken FuturesbpOrdersPrice spread, now −0.213%Rate

Funding earned: $40.41
Price spread: −0.213% → +0.015%: −$22.84
Slippage, 4 orders: −$136.08
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$136.51
Costs to cover: 1.541%
Break-even: 30.6 days

Slippage from Aster: live order book, 39 min ago; Kraken Futures: live order book, 63 min ago.

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 Aster live order book, 39 min ago	8.32 bp	19.5 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 63 min ago	24.95 bp	62.6 bp −$63	doesn't fit	doesn't fit	doesn't fit

GRASS on 16 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	−0.0111%	1h	0.4125	−0.198%	$620	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+3.248%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4128	−0.115%	$9.8M	$28.6M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4123	−0.234%	$23.0M	$16.4M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4122	−0.261%	$3.1M	$14.8M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4123	−0.237%	$1.1M	$1.6M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4126	−0.164%	$1.2M	$2.3M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4122	−0.268%	$4.8M	$3.1M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4124	−0.212%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4130	−0.073%	$2.0M	$1.2M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRASS-USD	+0.0104%	1h	0.4122	−0.259%	$205K	$903K	10x	as long as short
KuCoin GRASSUSDTM	+0.0110%	4h	0.4124	−0.212%	$1.2M	$1.6M	50x	as long as short
Aster GRASSUSDTlong	+0.0451%	4h	0.4133	long leg	$63K	$222K	10x
Kraken Futures PF_GRASSUSDshort	+0.0643%	1h	0.4124	−0.213%	$147K	$128K	20x
Hyperliquid GRASS	+0.1014%	1h	0.4130	−0.062%	$15.6M	$3.9M	3x	as long as short
Lighter GRASS	+0.1840%	1h	0.4144	+0.284%	$810K	$785K	5x	as long as short