Funding you earn now, next payment 05:00 UTC−0.1356%/8h= −148.5% APRpaid last 24h −0.327%
Price spread now: Gate against Lighter−0.541%7-day average −0.196% · you buy dearer than you sell
Net, funding: paid 7d − costs−$311as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2172.166% of the position
Funding, last 7 days−0.946%−$95 on $10k
+Price spread, last 4 days (all we have)+0.240%+$24 · spread now −0.541%, 7d avg −0.196%
=Together, before fees−0.706%+ Points / potential airdropLighter: Season 3 · farm board−$71 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and Gate is 0.345% cheaper against Lighter than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of −0.196%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.946% in total (about -49.3% 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 | 0.4457 | 0.1456 | pay 0.0182% / 1h | 0m 52s | $867K | $971K | 5x |
| Short | Gate GRASS_USDT | 0.4433 | 0.0100 | get 0.0050% / 4h | 3h 00m | $1.3M | $1.7M | 50x |
Lighter GRASS
Gate GRASS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$284.76
- Price spread: −0.541% → −0.196%
- −$34.52
- Slippage, 4 orders
- −$201.62
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$535.89
- Costs to cover
- 2.166%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 49 min ago; Gate: live order book, 2 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, 49 min ago | 9.63 bp | 116.5 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 7.93 bp | 49.7 bp −$50 | 845.6 bp −$8,456 | 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 | 0.4431 | −0.578% | $666 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −4.265% | $7 | $23K | 5.5x | as long as short |
| BloFin GRASS-USDT | +0.0097% | 4h | 0.4447 | −0.227% | $555K | $347K | 20x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4441 | −0.361% | $10.5M | $32.1M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4431 | −0.574% | $25.0M | $18.0M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4433 | −0.541% | $3.5M | $18.6M | 20x | as long as short |
| Gate GRASS_USDTshort | +0.0100% | 4h | 0.4433 | −0.541% | $1.3M | $1.7M | 50x | |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4436 | −0.473% | $1.6M | $2.6M | 100x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4435 | −0.496% | $1.3M | $1.8M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4431 | −0.590% | $5.1M | $3.4M | 75x | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
BloFin GRASS-USDT
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
MEXC GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRASS-USDT | +0.0100% | 4h | 0.4434 | −0.518% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4429 | −0.637% | $2.2M | $1.3M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4430 | −0.601% | $223K | $728K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0316% | 1h | 0.4446 | −0.242% | $160K | $143K | 20x | as long as short |
| Hyperliquid GRASS | +0.0334% | 1h | 0.4435 | −0.487% | $16.9M | $4.2M | 3x | as long as short |
| Aster GRASSUSDT | +0.0450% | 4h | 0.4426 | −0.699% | $62K | $251K | 10x | as long as short |
| Lighter GRASSlong | +0.1456% | 1h | 0.4457 | long leg | $867K | $971K | 5x |
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Kraken Futures PF_GRASSUSD
Hyperliquid GRASS
Aster GRASSUSDT