Funding you earn now, next payment 03:00 UTC+0.1452%/8h= +159.0% APRpaid last 24h +0.270%
Price spread now: Lighter against MEXC+0.279%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1951.949% of the position
Funding, last 7 days+0.796%+$80 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.279%, 7d avg +0.075%
=Together, before fees+0.772%+ Points / potential airdropLighter: Season 3 · farm board+$77 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and Lighter is 0.204% dearer against MEXC than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.075%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.796% in total (about 41.5% 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 | MEXC GRASS_USDT | 0.4160 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $1.2M | $2.3M | 100x |
| Short | Lighter GRASS | 0.4172 | 0.1552 | get 0.0194% / 1h | 54m 04s | $815K | $784K | 5x |
MEXC GRASS_USDT
Lighter GRASSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $304.92
- Price spread: +0.279% → +0.075%
- $20.42
- Slippage, 4 orders
- −$190.87
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $130.47
- Costs to cover
- 1.949%
- Break-even
- 4.0 days
Slippage from MEXC: live order book, 3 min ago; Lighter: live order book, 6 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 MEXC live order book, 3 min ago | 2.42 bp | 11.0 bp −$11 | 31.8 bp −$318 | 105.0 bp −$10.5K | doesn't fit |
| Sell Lighter live order book, 6 min ago | 43.13 bp | 51.4 bp −$51 | 150.6 bp −$1,506 | doesn't fit | doesn't fit |
GRASS on 16 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 | −0.0111% | 1h | 0.4153 | −0.177% | $624 | — | 15x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0004% | 1h | 0.4156 | −0.098% | $148K | $128K | 20x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +2.572% | $7 | $23K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4161 | +0.024% | $9.9M | $28.6M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4153 | −0.171% | $23.2M | $16.4M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4157 | −0.072% | $3.1M | $14.9M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4152 | −0.192% | $1.1M | $1.5M | 50x | as long as short |
| MEXC GRASS_USDTlong | +0.0100% | 4h | 0.4160 | long leg | $1.2M | $2.3M | 100x | |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4154 | −0.144% | $1.2M | $1.6M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4151 | −0.209% | $4.8M | $3.1M | 75x | as long as short |
Reya GRASSRUSDPERP
Kraken Futures PF_GRASSUSD
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRASS-USDT | +0.0100% | 4h | 0.4155 | −0.120% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4123 | −0.894% | $2.0M | $1.2M | — | as long as short |
| Extended GRASS-USD | +0.0104% | 1h | 0.4152 | −0.192% | $206K | $903K | 10x | as long as short |
| Aster GRASSUSDT | +0.0446% | 4h | 0.4144 | −0.376% | $64K | $222K | 10x | as long as short |
| Hyperliquid GRASS | +0.1165% | 1h | 0.4163 | +0.072% | $15.7M | $3.9M | 3x | as long as short |
| Lighter GRASSshort | +0.1552% | 1h | 0.4172 | +0.279% | $815K | $784K | 5x |
BingX GRASS-USDT
Variational Omni GRASS
Extended GRASS-USD
Aster GRASSUSDT
Hyperliquid GRASS