GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.23 per $10,000 · paid last 24h +0.007%

Price spread now: BloFin against Bybit+0.106%7-day average +0.192% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$890.892% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.096%+$10 on $10k

Price spread, last 3 days (all we have)+0.033%+$3 · spread now +0.106%, 7d avg +0.192%

Together, before fees+0.129%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.086% cheaper against Bybit than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.192%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.096%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRASSUSDT	0.4167	0.0100	pay 0.0050% / 4h	25m 04s	$23.6M	$14.5M	25x
Short	BloFin GRASS-USDT	0.4171	0.0053	get 0.0027% / 4h	25m 04s	$540K	$293K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$9.78
Price spread: +0.106% → +0.192%: −$8.64
Slippage, 4 orders: −$66.16
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$107.58
Costs to cover: 0.892%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 51 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 Bybit live order book, 4 min ago	2.42 bp	20.0 bp −$20	38.2 bp −$382	doesn't fit	doesn't fit
Sell BloFin live order book, 51 min ago	6.85 bp	25.0 bp −$25	55.8 bp −$558	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	−0.0113%	1h	0.4159	−0.194%	$625	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+2.410%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDTshort	+0.0053%	4h	0.4171	+0.106%	$540K	$293K	20x
Binance GRASSUSDT	+0.0100%	4h	0.4171	+0.106%	$9.8M	$24.6M	75x	as long as short
Bybit GRASSUSDTlong	+0.0100%	4h	0.4167	long leg	$23.6M	$14.5M	25x
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4170	+0.082%	$3.0M	$12.4M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4159	−0.182%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4167	+0.010%	$1.2M	$2.1M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4169	+0.048%	$4.9M	$2.8M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4163	−0.086%	—	$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	0.4151	−0.386%	$2.0M	$1.2M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4164	−0.071%	$205K	$823K	10x	as long as short
KuCoin GRASSUSDTM	+0.0162%	4h	0.4160	−0.158%	$1.3M	$1.3M	50x	as long as short
Hyperliquid GRASS	+0.0205%	1h	0.4171	+0.115%	$15.5M	$3.6M	3x	as long as short
Aster GRASSUSDT	+0.0707%	4h	0.4156	−0.245%	$64K	$207K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.1401%	1h	0.4165	−0.049%	$147K	$124K	20x	as long as short
Lighter GRASS	+0.2552%	1h	0.4182	+0.365%	$816K	$768K	5x	as long as short