GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.7% APRnext payment −$0.21 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against OKX−0.524%7-day average +0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$700.700% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 4 days (all we have)+0.546%+$55 · spread now −0.524%, 7d avg +0.069%

Together, before fees+0.558%+$56 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.593% cheaper against OKX than usual: you would sell low and buy high (−$59 if the spread goes back to its 7-day average of +0.069%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRASS-USDT-SWAP	0.4390	0.0100	pay 0.0050% / 4h	2h 30m	$3.4M	$19.5M	20x
Short	BloFin GRASS-USDT	0.4367	0.0058	get 0.0029% / 4h	2h 30m	$565K	$367K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.524%Rate

Funding earned: −$8.92
Price spread: −0.524% → +0.069%: −$59.29
Slippage, 4 orders: −$48.02
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$138.23
Costs to cover: 0.700%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 61 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	3.41 bp	16.9 bp −$17	55.2 bp −$552	doesn't fit	doesn't fit
Sell BloFin live order book, 61 min ago	4.71 bp	14.7 bp −$15	28.8 bp −$288	155.8 bp −$15.6K	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	0.4390	−0.005%	$660	—	15x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−2.802%	$7	$23K	5.5x	as long as short
BloFin GRASS-USDTshort	+0.0058%	4h	0.4367	−0.524%	$565K	$367K	20x
Binance GRASSUSDT	+0.0100%	4h	0.4398	+0.188%	$10.4M	$34.1M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4391	+0.023%	$25.0M	$19.0M	25x	as long as short
OKX GRASS-USDT-SWAPlong	+0.0100%	4h	0.4390	long leg	$3.4M	$19.5M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4389	−0.023%	$1.2M	$1.8M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4392	+0.046%	$1.5M	$2.8M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4396	+0.137%	$1.3M	$1.9M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4389	−0.014%	$5.2M	$3.6M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRASS-USDT	+0.0100%	4h	0.4393	+0.068%	—	$7.4M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4361	−0.653%	$2.2M	$1.3M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4389	−0.033%	$219K	$775K	10x	as long as short
Aster GRASSUSDT	+0.0446%	4h	0.4385	−0.118%	$63K	$290K	10x	as long as short
Hyperliquid GRASS	+0.0482%	1h	0.4396	+0.139%	$16.7M	$4.3M	3x	as long as short
Kraken Futures PF_GRASSUSD	+0.1470%	1h	0.4363	−0.611%	$158K	$147K	20x	as long as short
Lighter GRASS	+0.1720%	1h	0.4405	+0.342%	$850K	$979K	5x	as long as short