Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0208%/8h= −22.8% APRpaid last 24h −0.065%

Price spread now: Reya against Gate+0.070%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Reya is 0.070% dearer against Gate than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 27 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GRASS_USDT	0.4419	0.0100	pay 0.0050% / 4h	1h 57m	$1.3M	$1.8M	50x
Short	Reya GRASSRUSDPERP	0.4422	−0.0108	pay 0.0014% / 1h	57m 55s	$664	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.070%Rate

Funding earned: −$43.77
Price spread: +0.070% → 0.000%: $6.98
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Reya: 3 bp × 2 orders: −$6
Net: −$57.79
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 5 min ago; Reya: no order-book sample. Net counts fees only.

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, 5 min ago	9.05 bp	42.9 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 GRASSRUSDPERPshort	−0.0108%	1h	0.4422	+0.070%	$664	—	15x
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−3.440%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4429	+0.226%	$10.4M	$35.0M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4422	+0.066%	$25.2M	$19.3M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4424	+0.113%	$3.4M	$20.3M	20x	as long as short
Gate GRASS_USDTlong	+0.0100%	4h	0.4419	long leg	$1.3M	$1.8M	50x
MEXC GRASS_USDT	+0.0100%	4h	0.4428	+0.204%	$1.6M	$2.8M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4424	+0.113%	$1.4M	$1.9M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4423	+0.081%	$5.2M	$3.7M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4425	+0.136%	—	$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	0.4419	−0.007%	$2.2M	$1.4M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4422	+0.073%	$218K	$773K	10x	as long as short
BloFin GRASS-USDT	+0.0109%	4h	0.4419	0.000%	$554K	$377K	20x	as long as short
Hyperliquid GRASS	+0.0318%	1h	0.4430	+0.238%	$16.8M	$4.4M	3x	as long as short
Aster GRASSUSDT	+0.0435%	4h	0.4426	+0.165%	$64K	$299K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.0583%	1h	0.4427	+0.180%	$159K	$152K	20x	as long as short
Lighter GRASS	+0.2384%	1h	0.4443	+0.541%	$857K	$968K	5x	as long as short