Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against OKX−0.086%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$1031.029% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days+0.081%+$8 · spread now −0.086%, 7d avg −0.050%

Together, before fees+0.088%+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.035% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRASS-USDT-SWAP	0.4203	0.0100	pay 0.0050% / 4h	3h 09m	$3.2M	$13.8M	20x
Short	Bitget GRASSUSDT	0.4199	0.0100	get 0.0050% / 4h	3h 09m	$4.9M	$3.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee BitgetbpOrdersPrice spread, now −0.086%Rate

Funding earned: $0
Price spread: −0.086% → −0.050%: −$3.54
Slippage, 4 orders: −$80.86
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$106.41
Costs to cover: 1.029%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago	2.39 bp	25.2 bp −$25	58.1 bp −$581	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	5.97 bp	25.0 bp −$25	74.3 bp −$743	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	0.4201	−0.044%	$631	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	+1.523%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4204	+0.030%	$10.0M	$26.7M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4202	−0.033%	$23.8M	$15.3M	25x	as long as short
OKX GRASS-USDT-SWAPlong	+0.0100%	4h	0.4203	long leg	$3.2M	$13.8M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4198	−0.119%	$1.1M	$1.5M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4203	0.000%	$1.2M	$2.2M	100x	as long as short
Bitget GRASSUSDTshort	+0.0100%	4h	0.4199	−0.086%	$4.9M	$3.0M	75x
BingX GRASS-USDT	+0.0100%	4h	0.4200	−0.071%	—	$7.3M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4185	−0.433%	$2.0M	$1.2M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GRASS-USD	+0.0104%	1h	0.4202	−0.035%	$207K	$900K	10x	as long as short
BloFin GRASS-USDT	+0.0107%	4h	0.4210	+0.167%	$533K	$304K	20x	as long as short
KuCoin GRASSUSDTM	+0.0216%	4h	0.4209	+0.143%	$1.3M	$1.5M	50x	as long as short
Kraken Futures PF_GRASSUSD	+0.0278%	1h	0.4200	−0.063%	$150K	$127K	20x	as long as short
Hyperliquid GRASS	+0.0570%	1h	0.4211	+0.200%	$15.7M	$3.7M	3x	as long as short
Aster GRASSUSDT	+0.0606%	4h	0.4201	−0.041%	$68K	$209K	10x	as long as short
Lighter GRASS	+0.2088%	1h	0.4221	+0.426%	$824K	$783K	5x	as long as short