Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Gate+0.019%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$149as in the Price arb table

costs, in and out, $10k−$1541.542% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.019%, 7d avg −0.030%

Together, before fees−0.060%−$6 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: Bybit is 0.050% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GRASS_USDT	0.4122	0.0100	pay 0.0050% / 4h	2h 27m	$1.1M	$1.6M	50x
Short	Bybit GRASSUSDT	0.4123	0.0100	get 0.0050% / 4h	2h 27m	$23.0M	$16.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.019%Rate

Funding earned: $0
Price spread: +0.019% → −0.030%: $4.97
Slippage, 4 orders: −$128.25
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$149.27
Costs to cover: 1.542%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 1 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, 4 min ago	9.73 bp	48.4 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.21 bp	22.8 bp −$23	110.9 bp −$1,109	doesn't fit	doesn't fit

GRASS on 16 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	−0.0112%	1h	0.4122	−0.009%	$619	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+3.518%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4127	+0.121%	$9.7M	$28.2M	75x	as long as short
Bybit GRASSUSDTshort	+0.0100%	4h	0.4123	+0.019%	$23.0M	$16.3M	25x
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4125	+0.073%	$3.1M	$14.6M	20x	as long as short
Gate GRASS_USDTlong	+0.0100%	4h	0.4122	long leg	$1.1M	$1.6M	50x
MEXC GRASS_USDT	+0.0100%	4h	0.4127	+0.121%	$1.2M	$2.3M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4123	+0.036%	$4.8M	$3.1M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4127	+0.121%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4106	−0.391%	$2.0M	$1.2M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRASS-USD	+0.0104%	1h	0.4123	+0.023%	$204K	$907K	10x	as long as short
KuCoin GRASSUSDTM	+0.0164%	4h	0.4124	+0.049%	$1.3M	$1.6M	50x	as long as short
Aster GRASSUSDT	+0.0454%	4h	0.4122	−0.011%	$66K	$212K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.0643%	1h	0.4126	+0.089%	$147K	$128K	20x	as long as short
Hyperliquid GRASS	+0.1235%	1h	0.4134	+0.289%	$15.6M	$3.9M	3x	as long as short
Lighter GRASS	+0.1976%	1h	0.4146	+0.582%	$810K	$784K	5x	as long as short