GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h +0.007%

Price spread now: BloFin against Binance−0.437%7-day average +0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$840.839% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 3 days (all we have)+0.440%+$44 · spread now −0.437%, 7d avg +0.028%

Together, before fees+0.449%+$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.465% cheaper against Binance than usual: you would sell low and buy high (spread −0.437% now, against its 7-day average of +0.028%). If the spread goes back, that is −$47 on $10k: about 34 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.010% in total) that is about 11 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRASSUSDT	0.4344	0.0276	pay 0.0138% / 4h	1h 19m	$10.3M	$21.6M	75x
Short	BloFin GRASS-USDT	0.4325	0.0321	get 0.0160% / 4h	1h 19m	$529K	$287K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now −0.437%Rate

Funding earned: $9.44
Price spread: −0.437% → +0.028%: −$46.54
Slippage, 4 orders: −$61.88
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$120.97
Costs to cover: 0.839%
Break-even: 96.7 days

Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 62 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 Binance live order book, 7 min ago	3.48 bp	19.9 bp −$20	39.4 bp −$394	392.0 bp −$39.2K	doesn't fit
Sell BloFin live order book, 62 min ago	3.34 bp	19.4 bp −$19	31.9 bp −$319	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	0.4388	+1.013%	$659	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−1.773%	$7	$23K	5.5x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4335	−0.198%	$24.5M	$13.0M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4342	−0.046%	$3.1M	$10.7M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4327	−0.391%	$1.2M	$1.4M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4334	−0.237%	$5.0M	$2.6M	75x	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4399	+1.276%	$2.1M	$1.2M	—	as long as short
KuCoin GRASSUSDTM	+0.0188%	4h	0.4330	−0.322%	$1.4M	$1.2M	50x	as long as short
BingX GRASS-USDT	+0.0226%	4h	0.4336	−0.184%	—	$7.2M	—	as long as short
Extended GRASS-USD	+0.0272%	1h	0.4340	−0.100%	$214K	$823K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GRASSUSDTlong	+0.0276%	4h	0.4344	long leg	$10.3M	$21.6M	75x
MEXC GRASS_USDT	+0.0284%	4h	0.4330	−0.322%	$1.3M	$1.8M	100x	as long as short
BloFin GRASS-USDTshort	+0.0321%	4h	0.4325	−0.437%	$529K	$287K	20x
Hyperliquid GRASS	+0.0655%	1h	0.4344	+0.002%	$16.3M	$3.3M	3x	as long as short
Aster GRASSUSDT	+0.1205%	4h	0.4347	+0.070%	$66K	$183K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1489%	1h	0.4310	−0.790%	$158K	$104K	20x	as long as short
Lighter GRASS	+0.2792%	1h	0.4348	+0.083%	$848K	$762K	5x	as long as short