Funding you earn now, next payment 05:00 UTC+0.1436%/8h= +157.2% APRpaid last 24h +0.327%
Price spread now: Lighter against BingX+0.250%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1781.777% of the position
Funding, last 7 days+0.875%+$87 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now +0.250%, 7d avg +0.147%
=Together, before fees+0.981%+ Points / potential airdropLighter: Season 3 · farm board+$98 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$43 a day on $10k at the current rate, and Lighter is 0.104% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.147%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.875% in total (about 45.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GRASS-USDT | 0.4275 | 0.0100 | pay 0.0050% / 4h | 3h 52m | — | $7.3M | — |
| Short | Lighter GRASS | 0.4286 | 0.1536 | get 0.0192% / 1h | 52m 48s | $838K | $960K | 5x |
BingX GRASS-USDT
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- $301.56
- Price spread: +0.250% → +0.147%
- $10.36
- Slippage, 4 orders
- −$167.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $134.18
- Costs to cover
- 1.777%
- Break-even
- 3.9 days
Slippage from BingX: live order book, 10 min ago; Lighter: 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 BingX live order book, 10 min ago | 3.53 bp | 23.0 bp −$23 | 42.8 bp −$428 | 280.8 bp −$28.1K | 724.3 bp −$362.1K |
| Sell Lighter live order book, 62 min ago | 67.43 bp | 69.0 bp −$69 | 169.5 bp −$1,695 | 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 | −0.0110% | 1h | 0.4267 | −0.190% | $641 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −0.187% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0054% | 4h | 0.4279 | +0.094% | $547K | $325K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4276 | +0.027% | $10.2M | $30.7M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4275 | −0.007% | $24.0M | $17.3M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4273 | −0.047% | $3.4M | $16.8M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4272 | −0.070% | $1.2M | $1.6M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4279 | +0.094% | $1.5M | $2.5M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4271 | −0.094% | $1.2M | $1.7M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4274 | −0.021% | $5.0M | $3.3M | 75x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
BloFin GRASS-USDT
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRASS-USDTlong | +0.0100% | 4h | 0.4275 | long leg | — | $7.3M | — | |
| Variational Omni GRASS | +0.0100% | 4h | 0.4262 | −0.298% | $2.1M | $1.3M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4273 | −0.037% | $212K | $890K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0329% | 1h | 0.4274 | −0.018% | $153K | $137K | 20x | as long as short |
| Aster GRASSUSDT | +0.0410% | 4h | 0.4277 | +0.045% | $59K | $241K | 10x | as long as short |
| Hyperliquid GRASS | +0.0543% | 1h | 0.4283 | +0.187% | $16.3M | $4.1M | 3x | as long as short |
| Lighter GRASSshort | +0.1536% | 1h | 0.4286 | +0.250% | $838K | $960K | 5x |
Variational Omni GRASS
Extended GRASS-USD
Kraken Futures PF_GRASSUSD
Aster GRASSUSDT
Hyperliquid GRASS