Settings8H · net · $10k
Funding arb · Price arb /

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0560%/8h= +61.3% APRnext payment +$2.80 per $10,000 · paid last 24h +0.157%
Price spread now: Aster against Bitget−0.236%7-day average +0.116% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$980.976% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.235%+$24 on $10k
Price spread, last 4 days (all we have)+0.436%+$44 · spread now −0.236%, 7d avg +0.116%
Together, before fees+0.671%+ Points / potential airdropAster: Stage 5 · farm board+$67 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.352% cheaper against Bitget than usual: you would sell low and buy high (spread −0.236% now, against its 7-day average of +0.116%). If the spread goes back, that is −$35 on $10k: about 2.1 days of funding at the current rate (+$17 a day). At the pace of the last 5 days (+0.235% in total) that is about 8.0 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.235% in total (about 16.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GRASSUSDT0.41730.0100pay 0.0050% / 4h7m 52s$4.9M$2.8M75x
ShortAster GRASSUSDT0.41640.0660get 0.0330% / 4h7m 52s$64K$208K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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

Funding earned
$117.6
Price spread: −0.236% → +0.116%
−$35.17
Slippage, 4 orders
−$77.57
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$15.15
Costs to cover
0.976%
Break-even
7.9 days
Slippage from Bitget: live order book, 5 min ago; Aster: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago10.14 bp28.3 bp −$2885.9 bp −$859doesn't fitdoesn't fit
Sell Aster live order book, 45 min ago10.40 bp22.8 bp −$23doesn't fitdoesn't fitdoesn't fit

GRASS on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya GRASSRUSDPERP−0.0113%1h0.4156−0.412%$62515xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267+2.243%$7$23K5.5xas long as short
BloFin GRASS-USDT+0.0057%4h0.4156−0.417%$520K$295K20xas long as short
Binance GRASSUSDT+0.0100%4h0.4171−0.058%$9.8M$25.1M75xas long as short
Bybit GRASSUSDT+0.0100%4h0.4169−0.103%$23.6M$14.6M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4175+0.038%$3.1M$12.7M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4169−0.105%$1.1M$1.5M50xas long as short
MEXC GRASS_USDT+0.0100%4h0.4178+0.110%$1.2M$2.2M100xas long as short
Bitget GRASSUSDTlong+0.0100%4h0.4173long leg$4.9M$2.8M75x
BingX GRASS-USDT+0.0100%4h0.4177+0.086%$7.3Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GRASS+0.0100%4h0.4144−0.695%$2.0M$1.2Mas long as short
Extended GRASS-USD+0.0104%1h0.4172−0.028%$206K$823K10xas long as short
KuCoin GRASSUSDTM+0.0132%4h0.4172−0.034%$1.3M$1.3M50xas long as short
Hyperliquid GRASS+0.0306%1h0.4180+0.161%$15.6M$3.6M3xas long as short
Aster GRASSUSDTshort+0.0660%4h0.4164−0.236%$64K$208K10x
Kraken Futures PF_GRASSUSD+0.1397%1h0.4178+0.115%$148K$124K20xas long as short
Lighter GRASS+0.2664%1h0.4186+0.307%$817K$774K5xas long as short