Funding you earn now, next payment 09:00 UTC+0.0235%/8h= +25.7% APRnext payment +$0.29 per $10,000 · paid last 24h +0.208%
Price spread now: Lighter against Kraken Futures+0.452%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$2152.153% of the position
Funding, last 7 days−1.182%−$118 on $10k
+Price spread, last 4 days (all we have)−0.262%−$26 · spread now +0.452%, 7d avg +0.103%
=Together, before fees−1.445%+ Points / potential airdropLighter: Season 3 · farm board−$144 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter is 0.349% dearer against Kraken Futures than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.103%. Mind the row above: over the last 7 days funding on this pair cost −1.182%, 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 | 0.4576 | 0.1109 | pay 0.0139% / 1h | 42m 19s | $164K | $162K | 20x |
| Short | Lighter GRASS | 0.4597 | 0.1344 | get 0.0168% / 1h | 42m 19s | $891K | $1.0M | 5x |
Kraken Futures PF_GRASSUSD
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $49.27
- Price spread: +0.452% → +0.103%
- $34.89
- Slippage, 4 orders
- −$205.33
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$131.17
- Costs to cover
- 2.153%
- Break-even
- 25.6 days
Slippage from Kraken Futures: live order book, 55 min ago; Lighter: live order book, 3 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, 55 min ago | 30.17 bp | 68.5 bp −$69 | 196.7 bp −$1,967 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 8.51 bp | 13.4 bp −$13 | 105.5 bp −$1,055 | 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 | −0.0107% | 1h | 0.4582 | +0.126% | $688 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −6.749% | $7 | $23K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4586 | +0.222% | $11.0M | $39.7M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4583 | +0.153% | $26.5M | $21.6M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4577 | +0.026% | $3.6M | $23.7M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4580 | +0.091% | $1.3M | $2.0M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4585 | +0.201% | $2.0M | $3.1M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4586 | +0.222% | $1.6M | $2.1M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4578 | +0.059% | $5.4M | $4.1M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4583 | +0.157% | — | $7.5M | — | 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 GRASSUSDT
BingX GRASS-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GRASS | +0.0100% | 4h | 0.4572 | −0.078% | $2.3M | $1.4M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4587 | +0.243% | $226K | $1.3M | 10x | as long as short |
| BloFin GRASS-USDT | +0.0160% | 4h | 0.4581 | +0.113% | $576K | $420K | 20x | as long as short |
| Hyperliquid GRASS | +0.0476% | 1h | 0.4591 | +0.332% | $17.5M | $4.8M | 3x | as long as short |
| Aster GRASSUSDT | +0.0507% | 4h | 0.4584 | +0.179% | $64K | $336K | 10x | as long as short |
| Kraken Futures PF_GRASSUSDlong | +0.1109% | 1h | 0.4576 | long leg | $164K | $162K | 20x | |
| Lighter GRASSshort | +0.1344% | 1h | 0.4597 | +0.452% | $891K | $1.0M | 5x |
Variational Omni GRASS
Extended GRASS-USD
BloFin GRASS-USDT
Hyperliquid GRASS
Aster GRASSUSDT