Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Binance−0.014%7-day average −0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$790.790% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 7 days−0.152%−$15 · spread now −0.014%, 7d avg −0.090%

Together, before fees−0.160%−$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.076% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRASSUSDT	0.4424	0.0100	pay 0.0050% / 4h	1h 04m	$10.4M	$36.5M	75x
Short	OKX GRASS-USDT-SWAP	0.4423	0.0100	get 0.0050% / 4h	1h 04m	$3.4M	$21.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.014%Rate

Funding earned: $0
Price spread: −0.014% → −0.090%: $7.62
Slippage, 4 orders: −$58.98
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$71.36
Costs to cover: 0.790%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; OKX: live order book, 4 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	3.40 bp	19.6 bp −$20	36.6 bp −$366	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	4.50 bp	21.3 bp −$21	58.6 bp −$586	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	−0.0108%	1h	0.4421	−0.057%	$664	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−3.540%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDT	+0.0093%	4h	0.4434	+0.235%	$547K	$388K	20x	as long as short
Binance GRASSUSDTlong	+0.0100%	4h	0.4424	long leg	$10.4M	$36.5M	75x
Bybit GRASSUSDT	+0.0100%	4h	0.4422	−0.045%	$25.4M	$20.2M	25x	as long as short
OKX GRASS-USDT-SWAPshort	+0.0100%	4h	0.4423	−0.014%	$3.4M	$21.2M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4421	−0.059%	$1.3M	$1.9M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4422	−0.036%	$1.5M	$2.9M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4422	−0.036%	$1.3M	$2.0M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4420	−0.077%	$5.1M	$3.8M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDT	+0.0100%	4h	0.4423	−0.014%	—	$7.4M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4441	+0.398%	$2.2M	$1.4M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4423	−0.020%	$218K	$1.3M	10x	as long as short
Hyperliquid GRASS	+0.0386%	1h	0.4428	+0.104%	$16.9M	$4.6M	3x	as long as short
Aster GRASSUSDT	+0.0398%	4h	0.4429	+0.111%	$68K	$313K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.0583%	1h	0.4429	+0.133%	$160K	$152K	20x	as long as short
Lighter GRASS	+0.1240%	1h	0.4445	+0.472%	$857K	$996K	5x	as long as short