After costs, if the gap returns to its 7d average, $10k−$80
spread now+0.123%7d average+0.093%fees + slippage, in and out−$83spread needed0.829%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GRASSUSDT | 0.3727 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $8.3M | $5.3M | 75x |
| Short | Hyperliquid GRASS | 0.3731 | 0.1255 | get 0.0157% / 1h | 40m 53s | $13.6M | $1.0M | 3x |
Binance GRASSUSDT
Hyperliquid GRASSPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $12.33
- Funding while held
- $34.65
- Slippage, 4 orders
- −$63.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$35.89
- Spread needed to break even
- 0.829%
Slippage from Binance: live order book, 15 min ago; Hyperliquid: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1155%
- Per $10,000 a day
- +$34.65
- Average in range /8h
- —
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, 15 min ago | 2.68 bp | 28.2 bp −$28 | 53.4 bp −$534 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.61 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
GRASS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3618cheapestVariational Omni0.3714+2.660%Bybit0.3718+2.764%Extended0.3721+2.846%Reya0.3721+2.857%Bitget0.3722+2.866%OKX0.3722+2.875%Gate0.3722+2.875%KuCoin0.3722+2.875%BingX0.3723+2.902%Kraken Futures0.3725+2.952%MEXC0.3726+2.985%BloFin0.3726+2.985%
Injective
Variational Omni
Bybit
Extended
Reya
Bitget
OKX
Gate
KuCoin
BingX
Kraken Futures
MEXC
BloFinBinance0.3727+3.002%
Aster0.3727+3.013%Lighter0.3727+3.024%
Aster
LighterHyperliquid0.3731+3.129%
GRASS on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective GRASS/USDC PERP | −2.914% | +0.0033% | 1h | $6 | $163K | 5.5x | as long as short |
| Variational Omni GRASS | −0.332% | +0.0100% | 4h | $1.1M | $52K | — | as long as short |
| Bybit GRASSUSDT | −0.231% | +0.0100% | 4h | $19.0M | $3.7M | 25x | as long as short |
| Extended GRASS-USD | −0.151% | +0.0104% | 1h | $191K | $771K | 10x | as long as short |
| Reya GRASSRUSDPERP | −0.140% | −0.0120% | 1h | $559 | — | 15x | as long as short |
| Bitget GRASSUSDT | −0.132% | +0.0100% | 4h | $4.3M | $964K | 75x | as long as short |
| OKX GRASS-USDT-SWAP | −0.124% | +0.0100% | 4h | $2.5M | $2.1M | 20x | as long as short |
| Gate GRASS_USDT | −0.124% | +0.0100% | 4h | $1.0M | $410K | 50x | as long as short |
| KuCoin GRASSUSDTM | −0.124% | +0.0100% | 4h | $1.3M | $498K | 50x | as long as short |
| BingX GRASS-USDT | −0.097% | +0.0100% | 4h | — | $6.8M | — | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GRASSUSD | −0.048% | +0.0855% | 1h | $146K | $39K | 20x | as long as short |
| MEXC GRASS_USDT | −0.016% | +0.0100% | 4h | $1.3M | $454K | 100x | as long as short |
| BloFin GRASS-USDT | −0.016% | +0.0080% | 4h | $473K | $115K | 20x | as long as short |
| Binance GRASSUSDTlong | 0.000% | +0.0100% | 4h | $8.3M | $5.3M | 75x | |
| Aster GRASSUSDT | +0.011% | +0.0485% | 4h | $55K | $104K | 10x | as long as short |
| Lighter GRASS | +0.021% | +0.1064% | 1h | $338K | $84K | 5x | as long as short |
| Hyperliquid GRASSshort | +0.123% | +0.1255% | 1h | $13.6M | $1.0M | 3x |