GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0533%/8h= +58.3% APRnext payment +$0.67 per $10,000 · paid last 24h +0.123%

Price spread now: Hyperliquid against Injective−1.809%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. Hyperliquid is 1.809% cheaper against Injective than usual: you would sell low and buy high (spread −1.809% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$181 on $10k: about 11 days of funding at the current rate (+$16 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective GRASS/USDC PERP	0.4267	0.0033	pay 0.0004% / 1h	15m 05s	$7	$23K	5.5x
Short	Hyperliquid GRASS	0.4190	0.0566	get 0.0071% / 1h	15m 05s	$15.6M	$3.7M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. 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 InjectivebpFee HyperliquidbpOrdersPrice spread, now −1.809%Rate

Funding earned: $111.88
Price spread: −1.809% → 0.000%: −$180.92
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$78.06
Costs to cover: 0.090%
Break-even: 11.9 days

Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 8 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 Injective no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 8 min ago	1.20 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Injective: 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 GRASSRUSDPERP	−0.0112%	1h	0.4175	−2.153%	$627	—	15x	as long as short
Injective GRASS/USDC PERPlong	+0.0033%	1h	0.4267	long leg	$7	$23K	5.5x
BloFin GRASS-USDT	+0.0098%	4h	0.4175	−2.156%	$526K	$302K	20x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4177	−2.114%	$9.9M	$26.6M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4181	−2.015%	$23.7M	$15.3M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4183	−1.969%	$3.1M	$13.7M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4179	−2.062%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4183	−1.969%	$1.2M	$2.2M	100x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4180	−2.034%	$4.8M	$3.0M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4185	−1.922%	—	$7.3M	—	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	0.4175	−2.148%	$2.0M	$1.2M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4175	−2.154%	$206K	$900K	10x	as long as short
KuCoin GRASSUSDTM	+0.0190%	4h	0.4176	−2.133%	$1.3M	$1.5M	50x	as long as short
Kraken Futures PF_GRASSUSD	+0.0280%	1h	0.4176	−2.139%	$149K	$127K	20x	as long as short
Hyperliquid GRASSshort	+0.0566%	1h	0.4190	−1.809%	$15.6M	$3.7M	3x
Aster GRASSUSDT	+0.0583%	4h	0.4181	−2.015%	$67K	$209K	10x	as long as short
Lighter GRASS	+0.2024%	1h	0.4194	−1.715%	$819K	$782K	5x	as long as short