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

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against Bitget+0.135%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1311.311% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days−0.080%−$8 · spread now +0.135%, 7d avg +0.053%
Together, before fees−0.081%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.082% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GRASSUSDT0.41360.0100pay 0.0050% / 4h3h 33m$4.8M$3.0M75x
ShortKuCoin GRASSUSDTM0.41420.0132get 0.0066% / 4h3h 33m$1.3M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$6.72
Price spread: +0.135% → +0.053%
$8.21
Slippage, 4 orders
−$107.06
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$116.13
Costs to cover
1.311%
Break-even
128.0 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 2 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, 4 min ago9.88 bp31.5 bp −$32127.3 bp −$1,273doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago9.65 bp29.0 bp −$29255.3 bp −$2,553doesn'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−0.0112%1h0.4142+0.133%$62215xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267+3.157%$7$23K5.5xas long as short
BloFin GRASS-USDT+0.0060%4h0.4146+0.232%$525K$298K20xas long as short
Binance GRASSUSDT+0.0100%4h0.4142+0.143%$9.8M$26.6M75xas long as short
Bybit GRASSUSDT+0.0100%4h0.4135−0.031%$23.5M$15.3M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4138+0.039%$3.1M$13.4M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4135−0.034%$1.1M$1.5M50xas long as short
MEXC GRASS_USDT+0.0100%4h0.4142+0.135%$1.2M$2.2M100xas long as short
Bitget GRASSUSDTlong+0.0100%4h0.4136long leg$4.8M$3.0M75x
BingX GRASS-USDT+0.0100%4h0.4136−0.010%$7.3Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GRASS+0.0100%4h0.4145+0.204%$2.0M$1.2Mas long as short
Extended GRASS-USD+0.0104%1h0.4136−0.006%$205K$1.2M10xas long as short
KuCoin GRASSUSDTMshort+0.0132%4h0.4142+0.135%$1.3M$1.5M50x
Kraken Futures PF_GRASSUSD+0.0282%1h0.4146+0.239%$148K$127K20xas long as short
Hyperliquid GRASS+0.0491%1h0.4145+0.218%$15.4M$3.7M3xas long as short
Aster GRASSUSDT+0.0533%4h0.4146+0.236%$66K$214K10xas long as short
Lighter GRASS+0.1920%1h0.4158+0.515%$812K$782K5xas long as short