Funding you earn now, next payment 03:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h −0.185%
Price spread now: Gate against Kraken Futures−0.152%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$412as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$2002.001% of the position
Funding, last 7 days−2.115%−$211 on $10k
+Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.152%, 7d avg −0.112%
=Funding pays, the price is against you. Gate is 0.040% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.112%). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −2.115%, 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 | 0.4256 | 0.0004 | pay 0.0001% / 1h | 11m 19s | $152K | $130K | 20x |
| Short | Gate GRASS_USDT | 0.4250 | 0.0100 | get 0.0050% / 4h | 1h 11m | $1.2M | $1.6M | 50x |
Kraken Futures PF_GRASSUSD
Gate GRASS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $20.12
- Price spread: −0.152% → −0.112%
- −$3.97
- Slippage, 4 orders
- −$175.14
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$183.99
- Costs to cover
- 2.001%
- Break-even
- 71.0 days
Slippage from Kraken Futures: live order book, 51 min ago; Gate: 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, 51 min ago | 20.58 bp | 38.7 bp −$39 | 135.5 bp −$1,355 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 5.91 bp | 52.2 bp −$52 | 487.9 bp −$4,879 | 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 | 0.4251 | −0.139% | $639 | — | 15x | as long as short |
| Kraken Futures PF_GRASSUSDlong | +0.0004% | 1h | 0.4256 | long leg | $152K | $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 | 0.4256 | −0.015% | $10.1M | $29.5M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4257 | +0.003% | $23.8M | $16.8M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4255 | −0.035% | $3.2M | $15.9M | 20x | as long as short |
| Gate GRASS_USDTshort | +0.0100% | 4h | 0.4250 | −0.152% | $1.2M | $1.6M | 50x | |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4260 | +0.083% | $1.2M | $2.4M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4249 | −0.176% | $1.3M | $1.7M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4254 | −0.067% | $4.9M | $3.2M | 75x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
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 | 0.4251 | −0.129% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4258 | +0.028% | $2.1M | $1.2M | — | as long as short |
| BloFin GRASS-USDT | +0.0101% | 4h | 0.4262 | +0.130% | $423K | $308K | 20x | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4252 | −0.096% | $210K | $904K | 10x | as long as short |
| Aster GRASSUSDT | +0.0562% | 4h | 0.4244 | −0.296% | $66K | $227K | 10x | as long as short |
| Hyperliquid GRASS | +0.0894% | 1h | 0.4259 | +0.069% | $16.0M | $3.9M | 3x | as long as short |
| Lighter GRASS | +0.2048% | 1h | 0.4273 | +0.395% | $858K | $812K | 5x | as long as short |
BingX GRASS-USDT
Variational Omni GRASS
BloFin GRASS-USDT
Extended GRASS-USD
Aster GRASSUSDT
Hyperliquid GRASS
Lighter GRASS