Funding you earn now, next payment 11:00 UTC−0.0206%/8h= −22.5% APRpaid last 24h −0.064%
Price spread now: Reya against Binance−0.180%45s7-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
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Reya is 0.180% cheaper against Binance than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 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 | 0.4524 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $10.8M | $47.4M | 75x |
| Short | Reya GRASSRUSDPERP | 0.4516 | −0.0106 | pay 0.0013% / 1h | 54m 37s | $679 | — | 15x |
Binance GRASSUSDT
Reya GRASSRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$43.18
- Price spread: −0.180% → 0.000%
- −$18.01
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$77.19
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; Reya: 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, 11 min ago | 1.11 bp | 15.6 bp −$16 | 67.4 bp −$674 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 exchanges
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 GRASSRUSDPERPshort | −0.0106% | 1h | 0.4516 | −0.180% | $679 | — | 15x | |
| Kraken Futures PF_GRASSUSD | −0.0099% | 1h | 0.4519 | −0.118% | $164K | $176K | 20x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −5.678% | $7 | $23K | 5.5x | as long as short |
| Hyperliquid GRASS | +0.0100% | 1h | 0.4529 | +0.111% | $17.2M | $5.3M | 3x | as long as short |
| Binance GRASSUSDTlong | +0.0100% | 4h | 0.4524 | long leg | $10.8M | $47.4M | 75x | |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4522 | −0.048% | $26.2M | $24.1M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4521 | −0.063% | $3.5M | $26.3M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4524 | +0.003% | $1.2M | $2.1M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4524 | +0.003% | $1.9M | $3.5M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4522 | −0.041% | $1.4M | $2.6M | 50x | as long as short |
Kraken Futures PF_GRASSUSD
Injective GRASS/USDC PERP
Hyperliquid GRASS
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTMShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4518 | −0.127% | $5.3M | $5.1M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4526 | +0.047% | — | $7.5M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4503 | −0.453% | $2.3M | $1.5M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4519 | −0.113% | $226K | $1.3M | 10x | as long as short |
| BloFin GRASS-USDT | +0.0113% | 4h | 0.4522 | −0.041% | $580K | $508K | 20x | as long as short |
| Aster GRASSUSDT | +0.0267% | 4h | 0.4524 | +0.008% | $81K | $400K | 10x | as long as short |
| Lighter GRASS | +0.0960% | 1h | 0.4542 | +0.403% | $880K | $1.1M | 5x | as long as short |
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
BloFin GRASS-USDT
Aster GRASSUSDT
Lighter GRASS