GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.004%

Price spread now: BloFin against KuCoin−0.023%7-day average +0.109% · you buy dearer than you sell

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$141as in the Price arb table

costs, in and out, $10k−$1281.281% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.023%, 7d avg +0.109%

Together, before fees+0.109%+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.132% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.109%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRASSUSDTM	0.4393	0.0100	pay 0.0050% / 4h	1h 21m	$1.3M	$2.0M	50x
Short	BloFin GRASS-USDT	0.4392	0.0088	get 0.0044% / 4h	1h 21m	$541K	$380K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$2.56
Price spread: −0.023% → +0.109%: −$13.2
Slippage, 4 orders: −$104.1
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$143.86
Costs to cover: 1.281%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 65 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 KuCoin live order book, 5 min ago	6.85 bp	39.5 bp −$40	445.1 bp −$4,451	doesn't fit	doesn't fit
Sell BloFin live order book, 65 min ago	4.57 bp	25.8 bp −$26	41.8 bp −$418	170.4 bp −$17.0K	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	−0.0108%	1h	0.4387	−0.147%	$659	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−2.868%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDTshort	+0.0088%	4h	0.4392	−0.023%	$541K	$380K	20x
Binance GRASSUSDT	+0.0100%	4h	0.4393	0.000%	$10.3M	$36.1M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4388	−0.114%	$25.0M	$19.9M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4392	−0.023%	$3.3M	$20.8M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4387	−0.137%	$1.2M	$1.8M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4393	0.000%	$1.5M	$2.8M	100x	as long as short
KuCoin GRASSUSDTMlong	+0.0100%	4h	0.4393	long leg	$1.3M	$2.0M	50x
Bitget GRASSUSDT	+0.0100%	4h	0.4389	−0.082%	$5.1M	$3.8M	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	0.4391	−0.046%	—	$7.4M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4373	−0.461%	$2.2M	$1.4M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4387	−0.126%	$221K	$678K	10x	as long as short
Hyperliquid GRASS	+0.0328%	1h	0.4401	+0.184%	$16.7M	$4.5M	3x	as long as short
Aster GRASSUSDT	+0.0411%	4h	0.4397	+0.091%	$65K	$308K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.0587%	1h	0.4393	+0.001%	$158K	$152K	20x	as long as short
Lighter GRASS	+0.1336%	1h	0.4411	+0.401%	$851K	$991K	5x	as long as short