Funding you earn now, next payment 22:00 UTC+0.1636%/8h= +179.1% APRpaid last 24h +0.181%
Price spread now: Lighter against Gate+0.509%7-day average +0.167% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$2192.193% of the position
Funding, last 7 days+0.757%+$76 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.509%, 7d avg +0.167%
=Together, before fees+0.619%+ Points / potential airdropLighter: Season 3 · farm board+$62 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and Lighter is 0.341% dearer against Gate than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.167%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.757% in total (about 39.5% 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 | Gate GRASS_USDT | 0.4481 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $1.2M | $1.2M | 50x |
| Short | Lighter GRASS | 0.4504 | 0.1736 | get 0.0217% / 1h | 20m 55s | $705K | $528K | 5x |
Gate GRASS_USDT
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $343.56
- Price spread: +0.509% → +0.167%
- $34.15
- Slippage, 4 orders
- −$204.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $158.37
- Costs to cover
- 2.193%
- Break-even
- 3.8 days
Slippage from Gate: live order book, 1 min ago; Lighter: live order book, 63 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, 1 min ago | 5.58 bp | 37.3 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 63 min ago | 57.16 bp | 58.5 bp −$58 | 165.6 bp −$1,656 | 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 | −0.0114% | 1h | 0.4481 | −0.009% | $673 | — | 15x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4485 | +0.089% | $25.1M | $10.6M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4488 | +0.156% | $3.4M | $7.7M | 20x | as long as short |
| Gate GRASS_USDTlong | +0.0100% | 4h | 0.4481 | long leg | $1.2M | $1.2M | 50x | |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4490 | +0.201% | $1.5M | $959K | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4485 | +0.089% | $5.2M | $2.1M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4501 | +0.443% | $2.2M | $1.1M | — | as long as short |
| Hyperliquid GRASS | +0.0361% | 1h | 0.4491 | +0.234% | $16.5M | $2.6M | 3x | as long as short |
| MEXC GRASS_USDT | +0.0366% | 4h | 0.4490 | +0.201% | $1.7M | $1.3M | 100x | as long as short |
| BloFin GRASS-USDT | +0.0369% | 4h | 0.4492 | +0.245% | $590K | $259K | 20x | as long as short |
Reya GRASSRUSDPERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
KuCoin GRASSUSDTM
Bitget GRASSUSDT
Variational Omni GRASS
Hyperliquid GRASS
MEXC GRASS_USDT
BloFin GRASS-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRASS-USDT | +0.0374% | 4h | 0.4487 | +0.134% | — | $7.1M | — | as long as short |
| Binance GRASSUSDT | +0.0382% | 4h | 0.4490 | +0.201% | $11.0M | $15.5M | 75x | as long as short |
| Extended GRASS-USD | +0.0384% | 1h | 0.4486 | +0.121% | $221K | $823K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1497% | 1h | 0.4497 | +0.364% | $167K | $77K | 20x | as long as short |
| Aster GRASSUSDT | +0.1521% | 4h | 0.4483 | +0.045% | $64K | $128K | 10x | as long as short |
| Lighter GRASSshort | +0.1736% | 1h | 0.4504 | +0.509% | $705K | $528K | 5x | |
| Injective GRASS/USDC PERP | +0.5000% | 1h | 0.4267 | −4.776% | $7 | $23K | 5.5x | as long as short |
BingX GRASS-USDT
Binance GRASSUSDT
Extended GRASS-USD
Kraken Futures PF_GRASSUSD
Aster GRASSUSDT
Injective GRASS/USDC PERP