Settings8H · net · $10k
Funding arb · Price arb /

GRASS

all GRASS markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−2.193%−$219 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GRASSUSD0.42530.0330pay 0.0041% / 1h28m 02s$153K$142K20x
ShortBybit GRASSUSDT0.42470.0100get 0.0050% / 4h3h 28m$23.8M$17.5M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 24 min ago24.53 bp36.9 bp −$37139.4 bp −$1,394doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago2.35 bp19.5 bp −$2049.0 bp −$490doesn't fitdoesn't fit

GRASS on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya GRASSRUSDPERP−0.0109%1h0.4249−0.085%$63815xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267+0.339%$7$23K5.5xas long as short
BloFin GRASS-USDT+0.0066%4h0.4236−0.390%$541K$324K20xas long as short
Binance GRASSUSDT+0.0100%4h0.4256+0.080%$10.1M$31.3M75xas long as short
Bybit GRASSUSDTshort+0.0100%4h0.4247−0.144%$23.8M$17.5M25x
OKX GRASS-USDT-SWAP+0.0100%4h0.4250−0.061%$3.4M$17.1M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4246−0.155%$1.2M$1.7M50xas long as short
MEXC GRASS_USDT+0.0100%4h0.4253+0.009%$1.5M$2.5M100xas long as short
KuCoin GRASSUSDTM+0.0100%4h0.4251−0.038%$1.2M$1.8M50xas long as short
Bitget GRASSUSDT+0.0100%4h0.4247−0.127%$4.9M$3.3M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GRASS-USDT+0.0100%4h0.4249−0.085%$7.3Mas long as short
Variational Omni GRASS+0.0100%4h0.4250−0.067%$2.1M$1.3Mas long as short
Extended GRASS-USD+0.0104%1h0.4247−0.131%$213K$890K10xas long as short
Kraken Futures PF_GRASSUSDlong+0.0330%1h0.4253long leg$153K$142K20x
Hyperliquid GRASS+0.0342%1h0.4257+0.096%$16.2M$4.1M3xas long as short
Aster GRASSUSDT+0.0359%4h0.4253+0.002%$57K$245K10xas long as short
Lighter GRASS+0.1272%1h0.4269+0.381%$830K$971K5xas long as short