Funding you earn now, next payment 05:00 UTC−0.0230%/8h= −25.2% APRpaid last 24h −0.169%
Price spread now: Bybit against Kraken Futures−0.144%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$357as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1441.439% of the position
Funding, last 7 days−2.131%−$213 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.144%, 7d avg −0.132%
=The price spread sits at its 7-day average of −0.132%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GRASSUSD | 0.4253 | 0.0330 | pay 0.0041% / 1h | 28m 02s | $153K | $142K | 20x |
| Short | Bybit GRASSUSDT | 0.4247 | 0.0100 | get 0.0050% / 4h | 3h 28m | $23.8M | $17.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$48.37
- Price spread: −0.144% → −0.132%
- −$1.14
- Slippage, 4 orders
- −$122.87
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$193.39
- Costs to cover
- 1.439%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 24 min ago; Bybit: live order book, 1 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, 24 min ago | 24.53 bp | 36.9 bp −$37 | 139.4 bp −$1,394 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.35 bp | 19.5 bp −$20 | 49.0 bp −$490 | 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 | −0.0109% | 1h | 0.4249 | −0.085% | $638 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +0.339% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0066% | 4h | 0.4236 | −0.390% | $541K | $324K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4256 | +0.080% | $10.1M | $31.3M | 75x | as long as short |
| Bybit GRASSUSDTshort | +0.0100% | 4h | 0.4247 | −0.144% | $23.8M | $17.5M | 25x | |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4250 | −0.061% | $3.4M | $17.1M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4246 | −0.155% | $1.2M | $1.7M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4253 | +0.009% | $1.5M | $2.5M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4251 | −0.038% | $1.2M | $1.8M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4247 | −0.127% | $4.9M | $3.3M | 75x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRASS-USDT | +0.0100% | 4h | 0.4249 | −0.085% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4250 | −0.067% | $2.1M | $1.3M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4247 | −0.131% | $213K | $890K | 10x | as long as short |
| Kraken Futures PF_GRASSUSDlong | +0.0330% | 1h | 0.4253 | long leg | $153K | $142K | 20x | |
| Hyperliquid GRASS | +0.0342% | 1h | 0.4257 | +0.096% | $16.2M | $4.1M | 3x | as long as short |
| Aster GRASSUSDT | +0.0359% | 4h | 0.4253 | +0.002% | $57K | $245K | 10x | as long as short |
| Lighter GRASS | +0.1272% | 1h | 0.4269 | +0.381% | $830K | $971K | 5x | as long as short |
Kraken Futures PF_GRASSUSD
Bybit GRASSUSDT
Injective GRASS/USDC PERP
BloFin GRASS-USDT
Binance GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Hyperliquid GRASS
Aster GRASSUSDT
Lighter GRASS