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

GRASS

all GRASS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against BloFin+0.649%115s7-day average −0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$890.891% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.774%−$77 · spread now +0.649%, 7d avg −0.154%
Together, before fees−0.779%−$78 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 Bitget is 0.803% dearer against BloFin than usual: you sell high and buy low: +$80 more if the spread goes back to its 7-day average of −0.154%. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GRASS-USDT0.44070.0079pay 0.0040% / 4h3h 01m$550K$342K20x
ShortBitget GRASSUSDT0.44360.0100get 0.0050% / 4h3h 01m$5.1M$3.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$4.38
Price spread: +0.649% → −0.154%
$80.35
Slippage, 4 orders
−$65.05
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$4.32
Costs to cover
0.891%
Break-even
13.9 days
Slippage from BloFin: live order book, 30 min ago; Bitget: 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 BloFin live order book, 30 min ago4.71 bp18.5 bp −$1840.4 bp −$404doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago5.32 bp28.6 bp −$2977.6 bp −$776doesn'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−0.0109%1h0.4431+0.552%$66615xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267−3.177%$7$23K5.5xas long as short
BloFin GRASS-USDTlong+0.0079%4h0.4407long leg$550K$342K20x
Binance GRASSUSDT+0.0100%4h0.4433+0.583%$10.5M$32.0M75xas long as short
Bybit GRASSUSDT+0.0100%4h0.4432+0.567%$25.0M$18.0M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4441+0.771%$3.5M$18.6M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4429+0.499%$1.3M$1.7M50xas long as short
MEXC GRASS_USDT+0.0100%4h0.4434+0.613%$1.7M$2.6M100xas long as short
KuCoin GRASSUSDTM+0.0100%4h0.4434+0.613%$1.3M$1.8M50xas long as short
Bitget GRASSUSDTshort+0.0100%4h0.4436+0.649%$5.1M$3.4M75x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GRASS-USDT+0.0100%4h0.4435+0.635%$7.3Mas long as short
Variational Omni GRASS+0.0100%4h0.4417+0.221%$2.2M$1.3Mas long as short
Extended GRASS-USD+0.0104%1h0.4425+0.416%$222K$699K10xas long as short
Kraken Futures PF_GRASSUSD+0.0318%1h0.4419+0.264%$159K$143K20xas long as short
Hyperliquid GRASS+0.0336%1h0.4437+0.676%$16.9M$4.2M3xas long as short
Aster GRASSUSDT+0.0450%4h0.4424+0.390%$62K$251K10xas long as short
Lighter GRASS+0.1440%1h0.4439+0.715%$863K$971K5xas long as short