Funding you earn now, next payment 04:00 UTC−0.1598%/8h= −175.0% APRpaid last 24h −0.155%
Price spread now: Aster against Lighter−0.379%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$1811.811% of the position
Funding, last 5 days (all we have)−0.587%−$59 on $10k
+Price spread, last 4 days (all we have)+0.282%+$28 · spread now −0.379%, 7d avg −0.083%
=Together, before fees−0.305%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$48 a day on $10k at the current rate, and Aster is 0.295% cheaper against Lighter than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.083%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.587% in total (about -39.2% 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 | Lighter GRASS | 0.4256 | 0.2112 | pay 0.0264% / 1h | 44m 56s | $910K | $880K | 5x |
| Short | Aster GRASSUSDT | 0.4240 | 0.0514 | get 0.0257% / 4h | 44m 56s | $66K | $232K | 10x |
Lighter GRASS
Aster GRASSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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
- −$335.58
- Price spread: −0.379% → −0.083%
- −$29.55
- Slippage, 4 orders
- −$173.11
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$546.24
- Costs to cover
- 1.811%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 10 min ago; Aster: live order book, 53 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 Lighter live order book, 10 min ago | 67.43 bp | 67.6 bp −$68 | 79.7 bp −$797 | doesn't fit | doesn't fit |
| Sell Aster live order book, 53 min ago | 8.30 bp | 19.2 bp −$19 | doesn't fit | 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 | −0.0110% | 1h | 0.4236 | −0.474% | $637 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +0.254% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0081% | 4h | 0.4235 | −0.498% | $425K | $308K | 20x | as long as short |
| Hyperliquid GRASS | +0.0100% | 1h | 0.4242 | −0.338% | $16.0M | $4.0M | 3x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4239 | −0.395% | $10.1M | $30.0M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4239 | −0.416% | $23.8M | $17.1M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4243 | −0.310% | $3.3M | $16.2M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4240 | −0.381% | $1.2M | $1.6M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4241 | −0.357% | $1.3M | $2.4M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4240 | −0.381% | $1.2M | $1.7M | 50x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
BloFin GRASS-USDT
Hyperliquid GRASS
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
MEXC GRASS_USDT
KuCoin GRASSUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4239 | −0.397% | $4.9M | $3.3M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4241 | −0.357% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4236 | −0.481% | $2.1M | $1.3M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4240 | −0.383% | $210K | $898K | 10x | as long as short |
| Aster GRASSUSDTshort | +0.0514% | 4h | 0.4240 | −0.379% | $66K | $232K | 10x | |
| Kraken Futures PF_GRASSUSD | +0.0795% | 1h | 0.4236 | −0.480% | $153K | $132K | 20x | as long as short |
| Lighter GRASSlong | +0.2112% | 1h | 0.4256 | long leg | $910K | $880K | 5x |
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Kraken Futures PF_GRASSUSD