Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Gate+0.244%7-day average +0.116% · you sell dearer than you buy

Net, funding: paid 7d − costs−$118as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1251.248% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.071%+$7 on $10k

Price spread, last 7 days−0.146%−$15 · spread now +0.244%, 7d avg +0.116%

Together, before fees−0.074%−$7 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 0.128% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.116%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GRASS_USDT	0.4386	0.0100	pay 0.0050% / 4h	2h 19m	$1.2M	$1.8M	50x
Short	Binance GRASSUSDT	0.4397	0.0100	get 0.0050% / 4h	2h 19m	$10.4M	$34.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.244%Rate

Funding earned: $0
Price spread: +0.244% → +0.116%: $12.79
Slippage, 4 orders: −$99.8
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$112.01
Costs to cover: 1.248%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; Binance: live order book, 7 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 Gate live order book, 3 min ago	9.21 bp	41.0 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	2.28 bp	18.7 bp −$19	42.0 bp −$420	305.7 bp −$30.6K	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	0.4407	+0.486%	$662	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−2.713%	$7	$23K	5.5x	as long as short
Binance GRASSUSDTshort	+0.0100%	4h	0.4397	+0.244%	$10.4M	$34.4M	75x
Bybit GRASSUSDT	+0.0100%	4h	0.4407	+0.481%	$25.1M	$19.1M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4410	+0.547%	$3.4M	$19.9M	20x	as long as short
Gate GRASS_USDTlong	+0.0100%	4h	0.4386	long leg	$1.2M	$1.8M	50x
MEXC GRASS_USDT	+0.0100%	4h	0.4384	−0.046%	$1.5M	$2.8M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4380	−0.137%	$1.3M	$1.9M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4406	+0.463%	$5.2M	$3.6M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4391	+0.114%	—	$7.4M	—	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	0.4381	−0.109%	$2.2M	$1.3M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4395	+0.215%	$219K	$775K	10x	as long as short
BloFin GRASS-USDT	+0.0144%	4h	0.4385	−0.023%	$557K	$373K	20x	as long as short
Aster GRASSUSDT	+0.0457%	4h	0.4392	+0.133%	$64K	$300K	10x	as long as short
Hyperliquid GRASS	+0.0483%	1h	0.4412	+0.588%	$16.8M	$4.4M	3x	as long as short
Kraken Futures PF_GRASSUSD	+0.1463%	1h	0.4382	−0.084%	$159K	$147K	20x	as long as short
Lighter GRASS	+0.1608%	1h	0.4401	+0.351%	$849K	$982K	5x	as long as short