Funding arb · Price arb /

GRASS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: MEXC against KuCoin+0.117%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$760.762% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days−0.045%−$5 · spread now +0.117%, 7d avg +0.073%

Together, before fees−0.044%−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.044% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GRASSUSDTM	0.4256	0.0100	pay 0.0050% / 4h	13m 59s	$1.2M	$1.7M	50x
Short	MEXC GRASS_USDT	0.4261	0.0100	get 0.0050% / 4h	13m 59s	$1.5M	$2.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.117%Rate

Funding earned: $0
Price spread: +0.117% → +0.073%: $4.45
Slippage, 4 orders: −$60.17
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$71.73
Costs to cover: 0.762%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; MEXC: 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 KuCoin live order book, 2 min ago	5.87 bp	29.3 bp −$29	572.6 bp −$5,726	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.17 bp	8.0 bp −$8	36.3 bp −$363	103.2 bp −$10.3K	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	−0.0110%	1h	0.4258	+0.043%	$640	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+0.258%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDT	+0.0056%	4h	0.4263	+0.164%	$549K	$322K	20x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4263	+0.164%	$10.1M	$30.3M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4255	−0.016%	$23.9M	$17.2M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4257	+0.023%	$3.4M	$16.5M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4257	+0.023%	$1.2M	$1.6M	50x	as long as short
MEXC GRASS_USDTshort	+0.0100%	4h	0.4261	+0.117%	$1.5M	$2.5M	100x
KuCoin GRASSUSDTMlong	+0.0100%	4h	0.4256	long leg	$1.2M	$1.7M	50x
Bitget GRASSUSDT	+0.0100%	4h	0.4259	+0.059%	$5.0M	$3.3M	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	0.4256	0.000%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4258	+0.053%	$2.1M	$1.3M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4262	+0.131%	$214K	$889K	10x	as long as short
Hyperliquid GRASS	+0.0242%	1h	0.4266	+0.226%	$16.2M	$4.1M	3x	as long as short
Aster GRASSUSDT	+0.0428%	4h	0.4256	+0.008%	$65K	$234K	10x	as long as short
Kraken Futures PF_GRASSUSD	+0.0790%	1h	0.4262	+0.133%	$154K	$134K	20x	as long as short
Lighter GRASS	+0.2184%	1h	0.4272	+0.385%	$904K	$893K	5x	as long as short