Funding you earn now, next payment 22:00 UTC+0.4633%/8h= +507.3% APRpaid last 24h −0.015%
Price spread now: Injective against Binance−4.733%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 4.733% cheaper against Binance than usual: you would sell low and buy high (spread −4.733% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$473 on $10k: about 3.4 days of funding at the current rate (+$139 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GRASSUSDT | 0.4479 | 0.0367 | pay 0.0184% / 4h | 2h 22m | $11.0M | $15.3M | 75x |
| Short | Injective GRASS/USDC PERP | 0.4267 | 0.5000 | get 0.0625% / 1h | 22m 25s | $7 | $23K | 5.5x |
Binance GRASSUSDT
Injective GRASS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- $972.83
- Price spread: −4.733% → 0.000%
- −$473.32
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $489.49
- Costs to cover
- 0.100%
- Break-even
- 3.5 days
Slippage unknown: Binance: live order book, 3 min ago; Injective: no order-book sample. 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 Binance live order book, 3 min ago | 2.24 bp | 19.5 bp −$19 | 41.4 bp −$414 | 417.1 bp −$41.7K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.4472 | −0.165% | $672 | — | 15x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4471 | −0.179% | $25.0M | $10.5M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4479 | 0.000% | $3.4M | $7.6M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4470 | −0.201% | $1.2M | $1.2M | 50x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4471 | −0.179% | $1.5M | $957K | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4474 | −0.109% | $5.2M | $2.0M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4501 | +0.488% | $2.2M | $1.1M | — | as long as short |
| BloFin GRASS-USDT | +0.0332% | 4h | 0.4451 | −0.625% | $577K | $262K | 20x | as long as short |
| Hyperliquid GRASS | +0.0352% | 1h | 0.4481 | +0.049% | $16.4M | $2.5M | 3x | as long as short |
| Binance GRASSUSDTlong | +0.0367% | 4h | 0.4479 | long leg | $11.0M | $15.3M | 75x |
Reya GRASSRUSDPERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDT
Variational Omni GRASS
BloFin GRASS-USDT
Hyperliquid GRASSShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GRASS_USDT | +0.0374% | 4h | 0.4475 | −0.089% | $1.7M | $1.3M | 100x | as long as short |
| BingX GRASS-USDT | +0.0374% | 4h | 0.4476 | −0.067% | — | $7.1M | — | as long as short |
| Extended GRASS-USD | +0.0376% | 1h | 0.4471 | −0.185% | $221K | $823K | 10x | as long as short |
| Aster GRASSUSDT | +0.1499% | 4h | 0.4464 | −0.335% | $64K | $125K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1512% | 1h | 0.4454 | −0.567% | $166K | $75K | 20x | as long as short |
| Lighter GRASS | +0.1696% | 1h | 0.4491 | +0.259% | $703K | $527K | 5x | as long as short |
| Injective GRASS/USDC PERPshort | +0.5000% | 1h | 0.4267 | −4.733% | $7 | $23K | 5.5x |
MEXC GRASS_USDT
BingX GRASS-USDT
Extended GRASS-USD
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Lighter GRASS