Funding you earn now, next payment 05:00 UTC+0.1357%/8h= +148.6% APRpaid last 24h +0.321%
Price spread now: Lighter against BloFin+0.277%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1601.600% of the position
Funding, last 7 days+0.870%+$87 on $10k
+Price spread, last 4 days (all we have)−0.281%−$28 · spread now +0.277%, 7d avg +0.040%
=Together, before fees+0.589%+ Points / potential airdropLighter: Season 3 · farm board+$59 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and Lighter is 0.237% dearer against BloFin than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.040%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.870% in total (about 45.4% 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 | BloFin GRASS-USDT | 0.4301 | 0.0051 | pay 0.0026% / 4h | 3h 23m | $543K | $329K | 20x |
| Short | Lighter GRASS | 0.4313 | 0.1408 | get 0.0176% / 1h | 23m 07s | $839K | $971K | 5x |
BloFin GRASS-USDT
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $284.94
- Price spread: +0.277% → +0.040%
- $23.66
- Slippage, 4 orders
- −$147.98
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $148.62
- Costs to cover
- 1.600%
- Break-even
- 3.3 days
Slippage from BloFin: live order book, 8 min ago; Lighter: live order book, 27 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 BloFin live order book, 8 min ago | 4.71 bp | 18.5 bp −$18 | 40.4 bp −$404 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 27 min ago | 9.63 bp | 10.3 bp −$10 | 105.9 bp −$1,059 | 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 | −0.0109% | 1h | 0.4295 | −0.147% | $645 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −0.791% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDTlong | +0.0051% | 4h | 0.4301 | long leg | $543K | $329K | 20x | |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4301 | −0.003% | $10.2M | $31.3M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4290 | −0.251% | $24.1M | $17.6M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4296 | −0.116% | $3.4M | $17.4M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4290 | −0.256% | $1.2M | $1.7M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4297 | −0.093% | $1.5M | $2.5M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4295 | −0.140% | $1.2M | $1.8M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4293 | −0.198% | $5.0M | $3.3M | 75x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
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-USDT | +0.0100% | 4h | 0.4294 | −0.163% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4270 | −0.728% | $2.1M | $1.3M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4294 | −0.163% | $216K | $885K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0327% | 1h | 0.4300 | −0.012% | $155K | $142K | 20x | as long as short |
| Hyperliquid GRASS | +0.0357% | 1h | 0.4301 | −0.009% | $16.3M | $4.1M | 3x | as long as short |
| Aster GRASSUSDT | +0.0389% | 4h | 0.4301 | −0.009% | $58K | $245K | 10x | as long as short |
| Lighter GRASSshort | +0.1408% | 1h | 0.4313 | +0.277% | $839K | $971K | 5x |
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Kraken Futures PF_GRASSUSD
Hyperliquid GRASS
Aster GRASSUSDT