After costs, if the gap returns to its 7d average, $10k−$147
spread now+0.116%7d average+0.101%fees + slippage, in and out−$148spread needed1.484%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GRASSUSD | 0.3706 | 0.0106 | pay 0.0013% / 1h | 25m 40s | $142K | $48K | 20x |
| Short | Hyperliquid GRASS | 0.3710 | 0.0226 | get 0.0028% / 1h | 25m 40s | $13.6M | $1.2M | 3x |
Kraken Futures PF_GRASSUSD
Hyperliquid GRASSPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $11.62
- Funding while held
- $3.59
- Slippage, 4 orders
- −$129.36
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$133.16
- Spread needed to break even
- 1.484%
Slippage from Kraken Futures: live order book, 18 min ago; Hyperliquid: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0120%
- Per $10,000 a day
- +$3.59
- Average in range /8h
- —
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, 18 min ago | 12.02 bp | 51.4 bp −$51 | 150.9 bp −$1,509 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.94 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
GRASS price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.3697cheapestVariational Omni0.3698+0.037%OKX0.3703+0.170%Binance0.3706+0.252%Lighter0.3706+0.254%
Bybit
Variational Omni
OKX
Binance
LighterKraken Futures0.3706+0.257%
Bitget0.3706+0.262%Aster0.3707+0.267%Extended0.3707+0.282%Gate0.3708+0.306%KuCoin0.3708+0.306%Reya0.3708+0.312%BingX0.3709+0.333%MEXC0.3710+0.360%
Bitget
Aster
Extended
Gate
KuCoin
Reya
BingX
MEXCHyperliquid0.3710+0.373%
BloFin0.3711+0.387%Injective0.3778+2.199%
BloFin
InjectiveGRASS on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit GRASSUSDT | −0.256% | +0.0100% | 4h | $18.9M | $4.0M | 25x | as long as short |
| Variational Omni GRASS | −0.220% | +0.0100% | 4h | $1.1M | $52K | — | as long as short |
| OKX GRASS-USDT-SWAP | −0.086% | +0.0100% | 4h | $2.4M | $2.2M | 20x | as long as short |
| Binance GRASSUSDT | −0.005% | +0.0100% | 4h | $8.1M | $5.7M | 75x | as long as short |
| Lighter GRASS | −0.002% | +0.0096% | 1h | $340K | $96K | 5x | as long as short |
| Kraken Futures PF_GRASSUSDlong | 0.000% | +0.0106% | 1h | $142K | $48K | 20x | |
| Bitget GRASSUSDT | +0.006% | +0.0100% | 4h | $4.3M | $1.1M | 75x | as long as short |
| Aster GRASSUSDT | +0.011% | +0.0263% | 4h | $48K | $101K | 10x | as long as short |
| Extended GRASS-USD | +0.025% | +0.0104% | 1h | $191K | $808K | 10x | as long as short |
| Gate GRASS_USDT | +0.049% | +0.0100% | 4h | $1.0M | $416K | 50x | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin GRASSUSDTM | +0.049% | +0.0100% | 4h | $1.2M | $512K | 50x | as long as short |
| Reya GRASSRUSDPERP | +0.055% | −0.0118% | 1h | $557 | — | 15x | as long as short |
| BingX GRASS-USDT | +0.076% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| MEXC GRASS_USDT | +0.103% | +0.0100% | 4h | $1.0M | $482K | 100x | as long as short |
| Hyperliquid GRASSshort | +0.116% | +0.0226% | 1h | $13.6M | $1.2M | 3x | |
| BloFin GRASS-USDT | +0.130% | +0.0045% | 4h | $457K | $134K | 20x | as long as short |
| Injective GRASS/USDC PERP | +1.937% | +0.0033% | 1h | $6 | $103K | 5.5x | as long as short |