Funding arb · Price arb /

GRASS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bitget+0.213%7-day average +0.128% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$790.786% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.075%−$8 · spread now +0.213%, 7d avg +0.128%

Together, before fees−0.075%−$8 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: MEXC is 0.085% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.128%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GRASSUSDT	0.4268	0.0100	pay 0.0050% / 4h	1h 32m	$5.0M	$3.2M	75x
Short	MEXC GRASS_USDT	0.4277	0.0100	get 0.0050% / 4h	1h 32m	$1.2M	$2.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now +0.213%Rate

Funding earned: $0
Price spread: +0.213% → +0.128%: $8.52
Slippage, 4 orders: −$62.62
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$70.1
Costs to cover: 0.786%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; MEXC: live order book, 5 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 Bitget live order book, 1 min ago	9.47 bp	28.9 bp −$29	207.6 bp −$2,076	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.18 bp	7.1 bp −$7	37.6 bp −$376	123.4 bp −$12.3K	250.7 bp −$125.4K

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	−0.0111%	1h	0.4278	+0.228%	$643	—	15x	as long as short
Kraken Futures PF_GRASSUSD	+0.0004%	1h	0.4282	+0.337%	$153K	$130K	20x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−0.021%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4280	+0.289%	$10.2M	$29.2M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4274	+0.136%	$23.8M	$16.7M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4272	+0.096%	$3.2M	$15.7M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4277	+0.213%	$1.2M	$1.6M	50x	as long as short
MEXC GRASS_USDTshort	+0.0100%	4h	0.4277	+0.213%	$1.2M	$2.3M	100x
Bitget GRASSUSDTlong	+0.0100%	4h	0.4268	long leg	$5.0M	$3.2M	75x
BingX GRASS-USDT	+0.0100%	4h	0.4274	+0.143%	—	$7.3M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GRASS	+0.0100%	4h	0.4231	−0.872%	$2.1M	$1.2M	—	as long as short
KuCoin GRASSUSDTM	+0.0102%	4h	0.4278	+0.237%	$1.3M	$1.7M	50x	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4276	+0.195%	$211K	$909K	10x	as long as short
BloFin GRASS-USDT	+0.0110%	4h	0.4270	+0.049%	$541K	$306K	20x	as long as short
Aster GRASSUSDT	+0.0523%	4h	0.4276	+0.184%	$66K	$226K	10x	as long as short
Hyperliquid GRASS	+0.1041%	1h	0.4279	+0.269%	$16.1M	$3.9M	3x	as long as short
Lighter GRASS	+0.1904%	1h	0.4296	+0.658%	$839K	$786K	5x	as long as short