Funding you earn now, next payment 03:00 UTC+0.0110%/8h= +12.0% APRpaid last 24h −0.181%
Price spread now: BloFin against Kraken Futures+0.103%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$350as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1471.468% of the position
Funding, last 7 days−2.036%−$204 on $10k
+Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.103%, 7d avg +0.037%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.066% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.037%. Mind the row above: over the last 7 days funding on this pair cost −2.036%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GRASSUSD | 0.4278 | 0.0004 | pay 0.0001% / 1h | 30m 28s | $153K | $130K | 20x |
| Short | BloFin GRASS-USDT | 0.4282 | 0.0114 | get 0.0057% / 4h | 1h 30m | $542K | $307K | 20x |
Kraken Futures PF_GRASSUSD
BloFin GRASS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- $23.08
- Price spread: +0.103% → +0.037%
- $6.62
- Slippage, 4 orders
- −$124.83
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$117.13
- Costs to cover
- 1.468%
- Break-even
- 42.5 days
Slippage from Kraken Futures: live order book, 32 min ago; BloFin: live order book, 11 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 Kraken Futures live order book, 32 min ago | 20.58 bp | 38.7 bp −$39 | 135.5 bp −$1,355 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 11 min ago | 3.56 bp | 25.6 bp −$26 | 45.9 bp −$459 | 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 | −0.0111% | 1h | 0.4266 | −0.270% | $641 | — | 15x | as long as short |
| Kraken Futures PF_GRASSUSDlong | +0.0004% | 1h | 0.4278 | long leg | $153K | $130K | 20x | |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −0.247% | $7 | $23K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4271 | −0.152% | $10.2M | $29.2M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4265 | −0.294% | $23.8M | $16.7M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4268 | −0.224% | $3.2M | $15.7M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4267 | −0.247% | $1.2M | $1.6M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4271 | −0.154% | $1.2M | $2.3M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4272 | −0.130% | $1.3M | $1.7M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4265 | −0.287% | $5.0M | $3.2M | 75x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRASS-USDT | +0.0100% | 4h | 0.4269 | −0.200% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4272 | −0.127% | $2.1M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4268 | −0.217% | $211K | $909K | 10x | as long as short |
| BloFin GRASS-USDTshort | +0.0114% | 4h | 0.4282 | +0.103% | $542K | $307K | 20x | |
| Aster GRASSUSDT | +0.0578% | 4h | 0.4268 | −0.218% | $66K | $226K | 10x | as long as short |
| Hyperliquid GRASS | +0.1031% | 1h | 0.4273 | −0.107% | $16.1M | $3.9M | 3x | as long as short |
| Lighter GRASS | +0.1880% | 1h | 0.4290 | +0.293% | $838K | $786K | 5x | as long as short |
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Aster GRASSUSDT
Hyperliquid GRASS
Lighter GRASS