Funding you earn now, next payment 20:00 UTC−0.1548%/8hpaid last 24h −0.152%
Price spread now: Binance against Lighter−0.304%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1611.613% of the position
Funding, last 7 days−0.643%−$64 on $10k
+Price spread, last 3 days (all we have)+0.205%+$21 · spread now −0.304%, 7d avg −0.029%
=Together, before fees−0.437%+ Points / potential airdropLighter: Season 3 · farm board−$44 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$46 a day on $10k at the current rate, and Binance is 0.275% cheaper against Lighter than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.643% in total (about -33.5% 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 | Lighter GRASS | 0.3716 | 0.1648 | pay 0.0206% / 1h | 6m 16s | $502K | $334K | 5x |
| Short | Binance GRASSUSDT | 0.3705 | 0.0100 | get 0.0050% / 4h | 6m 16s | $8.3M | $6.2M | 75x |
Lighter GRASS
Binance GRASSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$325.08
- Price spread: −0.304% → −0.029%
- −$27.49
- Slippage, 4 orders
- −$151.34
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$513.92
- Costs to cover
- 1.613%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 22 min ago; Binance: live order book, 7 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, 22 min ago | 30.21 bp | 61.1 bp −$61 | 105.6 bp −$1,056 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.70 bp | 19.8 bp −$20 | 39.0 bp −$390 | 595.7 bp −$59.6K | 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 | −0.0115% | 1h | 0.3701 | −0.406% | $556 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.3778 | +1.658% | $6 | $48K | 5.5x | as long as short |
| Binance GRASSUSDTshort | +0.0100% | 4h | 0.3705 | −0.304% | $8.3M | $6.2M | 75x | |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.3696 | −0.557% | $19.2M | $4.9M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.3704 | −0.334% | $2.5M | $2.4M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.3697 | −0.522% | $1.0M | $472K | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.3704 | −0.334% | $1.0M | $501K | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.3702 | −0.387% | $1.3M | $573K | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.3699 | −0.479% | $4.3M | $1.2M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.3700 | −0.441% | — | $6.8M | — | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
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 | 0.3699 | −0.469% | $1.1M | $137K | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.3701 | −0.418% | $190K | $808K | 10x | as long as short |
| BloFin GRASS-USDT | +0.0115% | 4h | 0.3707 | −0.253% | $455K | $135K | 20x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0656% | 1h | 0.3702 | −0.378% | $146K | $44K | 20x | as long as short |
| Aster GRASSUSDT | +0.0671% | 4h | 0.3706 | −0.282% | $50K | $81K | 10x | as long as short |
| Hyperliquid GRASS | +0.1482% | 1h | 0.3707 | −0.250% | $13.7M | $1.4M | 3x | as long as short |
| Lighter GRASSlong | +0.1648% | 1h | 0.3716 | long leg | $502K | $334K | 5x |
Variational Omni GRASS
Extended GRASS-USD
BloFin GRASS-USDT
Kraken Futures PF_GRASSUSD
Aster GRASSUSDT
Hyperliquid GRASS