Settings8H · net · $10k
Funding arb · Price arb /

GRASS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0482%/8h= +52.8% APRnext payment +$2.41 per $10,000 · paid last 24h +0.159%
Price spread now: Aster against MEXC−0.111%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$660.656% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.260%+$26 on $10k
Price spread, last 4 days (all we have)+0.627%+$63 · spread now −0.111%, 7d avg −0.001%
Together, before fees+0.887%+ Points / potential airdropAster: Stage 5 · farm board+$89 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.110% cheaper against MEXC than usual: you would sell low and buy high (spread −0.111% now, against its 7-day average of −0.001%). If the spread goes back, that is −$11 on $10k: about 18 hours of funding at the current rate (+$14 a day). At the pace of the last 5 days (+0.260% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.260% in total (about 17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GRASS_USDT0.42790.0100pay 0.0050% / 4h1h 31m$1.2M$2.3M100x
ShortAster GRASSUSDT0.42740.0582get 0.0291% / 4h1h 31m$66K$226K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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

Funding earned
$101.27
Price spread: −0.111% → −0.001%
−$11.02
Slippage, 4 orders
−$53.58
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
$24.67
Costs to cover
0.656%
Break-even
5.3 days
Slippage from MEXC: live order book, just now; Aster: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, just now1.17 bp10.5 bp −$1130.6 bp −$30695.7 bp −$9,568doesn't fit
Sell Aster live order book, 7 min ago8.30 bp19.2 bp −$19doesn't fitdoesn't fitdoesn't fit

GRASS on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya GRASSRUSDPERP−0.0111%1h0.4274−0.122%$64215xas long as short
Kraken Futures PF_GRASSUSD+0.0004%1h0.4282+0.077%$153K$130K20xas long as short
Injective GRASS/USDC PERP+0.0033%1h0.4267−0.280%$7$23K5.5xas long as short
Binance GRASSUSDT+0.0100%4h0.4278−0.017%$10.2M$29.2M75xas long as short
Bybit GRASSUSDT+0.0100%4h0.4274−0.126%$23.8M$16.7M25xas long as short
OKX GRASS-USDT-SWAP+0.0100%4h0.4276−0.070%$3.2M$15.7M20xas long as short
Gate GRASS_USDT+0.0100%4h0.4274−0.117%$1.2M$1.6M50xas long as short
MEXC GRASS_USDTlong+0.0100%4h0.4279long leg$1.2M$2.3M100x
KuCoin GRASSUSDTM+0.0100%4h0.4278−0.023%$1.3M$1.7M50xas long as short
Bitget GRASSUSDT+0.0100%4h0.4273−0.150%$5.0M$3.2M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GRASS-USDT+0.0100%4h0.4278−0.023%$7.3Mas long as short
Variational Omni GRASS+0.0100%4h0.4231−1.129%$2.1M$1.2Mas long as short
Extended GRASS-USD+0.0104%1h0.4273−0.146%$211K$909K10xas long as short
BloFin GRASS-USDT+0.0110%4h0.4270−0.210%$541K$306K20xas long as short
Aster GRASSUSDTshort+0.0582%4h0.4274−0.111%$66K$226K10x
Hyperliquid GRASS+0.1039%1h0.4279+0.012%$16.1M$3.9M3xas long as short
Lighter GRASS+0.1904%1h0.4291+0.280%$838K$786K5xas long as short