Funding you earn now, next payment 04:00 UTC−0.0482%/8h= −52.8% APRnext payment −$2.41 per $10,000 · paid last 24h −0.159%
Price spread now: OKX against Aster−0.064%7-day average −0.021% · 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−$92as in the Price arb table
costs, in and out, $10k−$870.875% of the position
Funding, last 5 days (all we have)−0.260%−$26 on $10k
+Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.064%, 7d avg −0.021%
=Together, before fees−0.095%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and OKX is 0.043% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.260% in total (about -17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.41 per $10,000. 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 | Aster GRASSUSDT | 0.4275 | 0.0582 | pay 0.0291% / 4h | 1h 31m | $66K | $226K | 10x |
| Short | OKX GRASS-USDT-SWAP | 0.4272 | 0.0100 | get 0.0050% / 4h | 1h 31m | $3.2M | $15.7M | 20x |
Aster GRASSUSDT
OKX GRASS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Aster. 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
- −$101.27
- Price spread: −0.064% → −0.021%
- −$4.3
- Slippage, 4 orders
- −$69.47
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$193.04
- Costs to cover
- 0.875%
- Break-even
- never at this rate
Slippage from Aster: live order book, 7 min ago; OKX: live order book, 2 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, 7 min ago | 8.30 bp | 25.2 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.34 bp | 23.7 bp −$24 | 70.3 bp −$703 | 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 | −0.0111% | 1h | 0.4274 | −0.023% | $642 | — | 15x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0004% | 1h | 0.4278 | +0.066% | $153K | $130K | 20x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −0.181% | $7 | $23K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4268 | −0.158% | $10.2M | $29.2M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4263 | −0.282% | $23.8M | $16.7M | 25x | as long as short |
| OKX GRASS-USDT-SWAPshort | +0.0100% | 4h | 0.4272 | −0.064% | $3.2M | $15.7M | 20x | |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4274 | −0.017% | $1.2M | $1.6M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4276 | +0.029% | $1.2M | $2.3M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4276 | +0.029% | $1.3M | $1.7M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4266 | −0.207% | $5.0M | $3.2M | 75x | as long as short |
Reya GRASSRUSDPERP
Kraken Futures PF_GRASSUSD
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRASS-USDT | +0.0100% | 4h | 0.4267 | −0.181% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4272 | −0.061% | $2.1M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4271 | −0.087% | $211K | $909K | 10x | as long as short |
| BloFin GRASS-USDT | +0.0114% | 4h | 0.4282 | +0.170% | $542K | $307K | 20x | as long as short |
| Aster GRASSUSDTlong | +0.0582% | 4h | 0.4275 | long leg | $66K | $226K | 10x | |
| Hyperliquid GRASS | +0.1032% | 1h | 0.4275 | +0.004% | $16.1M | $3.9M | 3x | as long as short |
| Lighter GRASS | +0.1880% | 1h | 0.4292 | +0.411% | $839K | $786K | 5x | as long as short |
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
BloFin GRASS-USDT
Hyperliquid GRASS
Lighter GRASS