Funding you earn now, next payment 23:00 UTC−0.0777%/8h= −85.0% APRpaid last 24h −0.173%
Price spread now: Bitget against Hyperliquid+0.175%7-day average −0.235% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.481%−$48 on $10k
+Price spread, last 7 days−0.432%−$43 · spread now +0.175%, 7d avg −0.235%
=Together, before fees−0.914%+ Points / potential airdropHyperliquid: Season 2 · farm board−$91 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.410% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.175% now, against its 7-day average of −0.235%): +$41 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.481% in total) that is about 6.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.481% in total (about -25.1% 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 | Hyperliquid GRASS | 0.4286 | 0.0877 | pay 0.0110% / 1h | 50m 50s | $15.8M | $2.8M | 3x |
| Short | Bitget GRASSUSDT | 0.4293 | 0.0100 | get 0.0050% / 4h | 1h 50m | $5.1M | $2.3M | 75x |
Hyperliquid GRASS
Bitget GRASSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Hyperliquid. 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
- −$163.07
- Price spread: +0.175% → −0.235%
- $41
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$143.08
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 12 min ago; Bitget: live order book, 2 min ago. 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 Hyperliquid live order book, 12 min ago | 5.94 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 8.40 bp | 23.9 bp −$24 | 160.7 bp −$1,607 | 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 | 0.4274 | −0.268% | $642 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −0.439% | $7 | $23K | 5.5x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4279 | −0.152% | $24.1M | $11.5M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4285 | −0.019% | $3.1M | $8.9M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4276 | −0.229% | $1.2M | $1.3M | 50x | as long as short |
| Bitget GRASSUSDTshort | +0.0100% | 4h | 0.4293 | +0.175% | $5.1M | $2.3M | 75x | |
| Variational Omni GRASS | +0.0100% | 4h | 0.4451 | +3.857% | $2.2M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTM | +0.0130% | 4h | 0.4281 | −0.112% | $1.4M | $1.0M | 50x | as long as short |
| Extended GRASS-USD | +0.0336% | 1h | 0.4281 | −0.121% | $211K | $823K | 10x | as long as short |
| Binance GRASSUSDT | +0.0338% | 4h | 0.4284 | −0.040% | $10.4M | $18.4M | 75x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Variational Omni GRASS
KuCoin GRASSUSDTM
Extended GRASS-USD
Binance GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GRASS_USDT | +0.0346% | 4h | 0.4283 | −0.065% | $1.4M | $1.6M | 100x | as long as short |
| BingX GRASS-USDT | +0.0374% | 4h | 0.4282 | −0.089% | — | $7.2M | — | as long as short |
| BloFin GRASS-USDT | +0.0392% | 4h | 0.4277 | −0.205% | $573K | $268K | 20x | as long as short |
| Hyperliquid GRASSlong | +0.0877% | 1h | 0.4286 | long leg | $15.8M | $2.8M | 3x | |
| Aster GRASSUSDT | +0.1353% | 4h | 0.4280 | −0.141% | $63K | $137K | 10x | as long as short |
| Lighter GRASS | +0.1464% | 1h | 0.4301 | +0.355% | $751K | $639K | 5x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1496% | 1h | 0.4289 | +0.070% | $158K | $91K | 20x | as long as short |
MEXC GRASS_USDT
BingX GRASS-USDT
BloFin GRASS-USDT
Aster GRASSUSDT
Lighter GRASS
Kraken Futures PF_GRASSUSD