Funding you earn now, next payment 04:00 UTC+0.0486%/8h= +53.2% APRnext payment +$2.43 per $10,000 · paid last 24h +0.159%
Price spread now: Aster against OKX−0.463%7-day average +0.022% · 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−$138as in the Price arb table
costs, in and out, $10k−$890.890% of the position
Funding, last 5 days (all we have)+0.261%+$26 on $10k
+Price spread, last 4 days (all we have)+0.507%+$51 · spread now −0.463%, 7d avg +0.022%
=Together, before fees+0.767%+ Points / potential airdropAster: Stage 5 · farm board+$77 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.485% cheaper against OKX than usual: you would sell low and buy high (spread −0.463% now, against its 7-day average of +0.022%). If the spread goes back, that is −$48 on $10k: about 3.3 days of funding at the current rate (+$15 a day). At the pace of the last 5 days (+0.261% in total) that is about 10.0 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.261% in total (about 17.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.43 per $10,000. 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 | OKX GRASS-USDT-SWAP | 0.4207 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $3.2M | $13.8M | 20x |
| Short | Aster GRASSUSDT | 0.4188 | 0.0586 | get 0.0293% / 4h | 3h 10m | $68K | $209K | 10x |
OKX GRASS-USDT-SWAP
Aster GRASSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- $102.06
- Price spread: −0.463% → +0.022%
- −$48.48
- Slippage, 4 orders
- −$71.04
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$35.46
- Costs to cover
- 0.890%
- Break-even
- 9.4 days
Slippage from OKX: live order book, 3 min ago; Aster: live order book, 38 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 OKX live order book, 3 min ago | 2.39 bp | 25.2 bp −$25 | 58.1 bp −$581 | doesn't fit | doesn't fit |
| Sell Aster live order book, 38 min ago | 8.35 bp | 18.6 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 | −0.0112% | 1h | 0.4205 | −0.056% | $632 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | +1.426% | $7 | $23K | 5.5x | as long as short |
| Binance GRASSUSDT | +0.0100% | 4h | 0.4207 | 0.000% | $10.0M | $26.7M | 75x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4203 | −0.095% | $23.8M | $15.3M | 25x | as long as short |
| OKX GRASS-USDT-SWAPlong | +0.0100% | 4h | 0.4207 | long leg | $3.2M | $13.8M | 20x | |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4201 | −0.143% | $1.1M | $1.5M | 50x | as long as short |
| MEXC GRASS_USDT | +0.0100% | 4h | 0.4205 | −0.048% | $1.2M | $2.2M | 100x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4199 | −0.183% | $4.9M | $3.0M | 75x | as long as short |
| BingX GRASS-USDT | +0.0100% | 4h | 0.4204 | −0.071% | — | $7.3M | — | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4185 | −0.527% | $2.0M | $1.2M | — | as long as short |
Reya GRASSRUSDPERP
Injective GRASS/USDC PERP
Binance GRASSUSDT
Bybit GRASSUSDT
Gate GRASS_USDT
MEXC GRASS_USDT
Bitget GRASSUSDT
BingX GRASS-USDT
Variational Omni GRASSShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRASS-USD | +0.0104% | 1h | 0.4201 | −0.148% | $207K | $900K | 10x | as long as short |
| BloFin GRASS-USDT | +0.0131% | 4h | 0.4180 | −0.642% | $525K | $302K | 20x | as long as short |
| KuCoin GRASSUSDTM | +0.0214% | 4h | 0.4205 | −0.048% | $1.3M | $1.5M | 50x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.0278% | 1h | 0.4201 | −0.137% | $150K | $127K | 20x | as long as short |
| Hyperliquid GRASS | +0.0563% | 1h | 0.4211 | +0.088% | $15.7M | $3.7M | 3x | as long as short |
| Aster GRASSUSDTshort | +0.0586% | 4h | 0.4188 | −0.463% | $68K | $209K | 10x | |
| Lighter GRASS | +0.2088% | 1h | 0.4220 | +0.307% | $824K | $783K | 5x | as long as short |
Extended GRASS-USD
BloFin GRASS-USDT
KuCoin GRASSUSDTM
Kraken Futures PF_GRASSUSD
Hyperliquid GRASS
Lighter GRASS