Funding you earn now, next payment 06:00 UTC+0.1532%/8h= +167.8% APRpaid last 24h +0.331%
Price spread now: Lighter against KuCoin+0.296%7-day average +0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2672.666% of the position
Funding, last 7 days+0.893%+$89 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.296%, 7d avg +0.160%
=Together, before fees+0.918%+ Points / potential airdropLighter: Season 3 · farm board+$92 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$46 a day on $10k at the current rate, and Lighter is 0.136% dearer against KuCoin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.160%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.893% in total (about 46.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GRASSUSDTM | 0.4433 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $1.3M | $1.9M | 50x |
| Short | Lighter GRASS | 0.4446 | 0.1632 | get 0.0204% / 1h | 7m 03s | $858K | $983K | 5x |
KuCoin GRASSUSDTM
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- $321.72
- Price spread: +0.296% → +0.160%
- $13.59
- Slippage, 4 orders
- −$254.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $68.69
- Costs to cover
- 2.666%
- Break-even
- 5.5 days
Slippage from KuCoin: live order book, 4 min ago; Lighter: live order book, 38 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, 4 min ago | 10.21 bp | 67.2 bp −$67 | 669.3 bp −$6,693 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 38 min ago | 29.22 bp | 31.1 bp −$31 | 139.4 bp −$1,394 | 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 | −0.0109% | 1h | 0.4438 | +0.103% | $667 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −3.745% | $7 | $23K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4439 | +0.124% | $10.5M | $34.9M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4436 | +0.074% | $25.3M | $19.2M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4435 | +0.045% | $3.4M | $20.2M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4436 | +0.068% | $1.3M | $1.8M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4438 | +0.113% | $1.6M | $2.8M | 100x | as long as short |
| KuCoin GRASSUSDTMlong | +0.0100% | 4h | 0.4433 | long leg | $1.3M | $1.9M | 50x | |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4439 | +0.124% | $5.2M | $3.6M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4439 | +0.135% | — | $7.4M | — | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
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 | 0.4411 | −0.491% | $2.2M | $1.3M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4423 | −0.215% | $222K | $769K | 10x | as long as short |
| BloFin GRASS-USDT | +0.0129% | 4h | 0.4405 | −0.632% | $549K | $375K | 20x | as long as short |
| Aster GRASSUSDT | +0.0464% | 4h | 0.4434 | +0.023% | $64K | $299K | 10x | as long as short |
| Hyperliquid GRASS | +0.0483% | 1h | 0.4446 | +0.296% | $16.9M | $4.4M | 3x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1448% | 1h | 0.4429 | −0.087% | $160K | $152K | 20x | as long as short |
| Lighter GRASSshort | +0.1632% | 1h | 0.4446 | +0.296% | $858K | $983K | 5x |
Variational Omni GRASS
Extended GRASS-USD
BloFin GRASS-USDT
Aster GRASSUSDT
Hyperliquid GRASS
Kraken Futures PF_GRASSUSD