Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.008%

Price spread now: Binance against Extended−0.021%7-day average +0.130% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$700.698% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.021%, 7d avg +0.130%

Together, before fees+0.138%+ Points / potential airdropExtended: Active · farm board+$14 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: Binance is 0.152% cheaper against Extended than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.130%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GRASS-USD	0.4427	0.0104	pay 0.0013% / 1h	2m 41s	$222K	$699K	10x
Short	Binance GRASSUSDT	0.4426	0.0100	get 0.0050% / 4h	3h 02m	$10.5M	$32.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now −0.021%Rate

Funding earned: −$0.84
Price spread: −0.021% → +0.130%: −$15.15
Slippage, 4 orders: −$54.84
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$85.83
Costs to cover: 0.698%
Break-even: never at this rate

Slippage from Extended: live order book, 50 min ago; Binance: live order book, 9 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 Extended live order book, 50 min ago	3.51 bp	14.3 bp −$14	62.9 bp −$629	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	2.30 bp	21.9 bp −$22	37.9 bp −$379	290.9 bp −$29.1K	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	0.4402	−0.548%	$661	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−3.605%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDT	+0.0079%	4h	0.4407	−0.443%	$550K	$342K	20x	as long as short
Binance GRASSUSDTshort	+0.0100%	4h	0.4426	−0.021%	$10.5M	$32.0M	75x
Bybit GRASSUSDT	+0.0100%	4h	0.4422	−0.097%	$24.9M	$17.9M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4431	+0.099%	$3.5M	$18.6M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4424	−0.059%	$1.3M	$1.7M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4425	−0.036%	$1.6M	$2.6M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4422	−0.104%	$1.3M	$1.8M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4420	−0.145%	$5.1M	$3.4M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDT	+0.0100%	4h	0.4420	−0.149%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4417	−0.223%	$2.2M	$1.3M	—	as long as short
Extended GRASS-USDlong	+0.0104%	1h	0.4427	long leg	$222K	$699K	10x
Kraken Futures PF_GRASSUSD	+0.0318%	1h	0.4415	−0.269%	$159K	$143K	20x	as long as short
Hyperliquid GRASS	+0.0338%	1h	0.4427	+0.016%	$16.8M	$4.2M	3x	as long as short
Aster GRASSUSDT	+0.0450%	4h	0.4418	−0.194%	$61K	$251K	10x	as long as short
Lighter GRASS	+0.1440%	1h	0.4440	+0.307%	$863K	$971K	5x	as long as short