After costs, if the gap returns to its 7d average, $10k−$87
spread now+0.139%7d average+0.186%fees + slippage, in and out−$83spread needed0.825%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GRASS-USDT-SWAP | 0.3671 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $2.4M | $2.2M | 20x |
| Short | Hyperliquid GRASS | 0.3676 | 0.0254 | get 0.0032% / 1h | 40m 03s | $13.4M | $1.2M | 3x |
OKX GRASS-USDT-SWAP
Hyperliquid GRASSPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $13.89
- Funding while held
- $4.62
- Slippage, 4 orders
- −$63.53
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$64.01
- Spread needed to break even
- 0.825%
Slippage from OKX: live order book, 3 min ago; Hyperliquid: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0154%
- Per $10,000 a day
- +$4.62
- Average in range /8h
- —
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 | 4.08 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.95 bp | 14.8 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
GRASS price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.3663cheapestBybit0.3665+0.063%Kraken Futures0.3669+0.161%Bitget0.3670+0.188%Gate0.3670+0.199%KuCoin0.3670+0.199%Extended0.3671+0.223%Lighter0.3671+0.224%
Variational Omni
Bybit
Kraken Futures
Bitget
Gate
KuCoin
Extended
LighterOKX0.3671+0.227%
Reya0.3671+0.238%BingX0.3672+0.254%Aster0.3674+0.300%Binance0.3674+0.308%MEXC0.3675+0.336%
Reya
BingX
Aster
Binance
MEXCHyperliquid0.3676+0.366%
BloFin0.3681+0.500%Injective0.3778+3.148%
BloFin
InjectiveGRASS on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni GRASS | −0.226% | +0.0055% | 4h | $1.1M | $117K | — | as long as short |
| Bybit GRASSUSDT | −0.163% | +0.0100% | 4h | $18.7M | $4.2M | 25x | as long as short |
| Kraken Futures PF_GRASSUSD | −0.065% | −0.0687% | 1h | $141K | $49K | 20x | as long as short |
| Bitget GRASSUSDT | −0.038% | +0.0100% | 4h | $4.3M | $1.1M | 75x | as long as short |
| Gate GRASS_USDT | −0.027% | +0.0100% | 4h | $993K | $447K | 50x | as long as short |
| KuCoin GRASSUSDTM | −0.027% | +0.0100% | 4h | $1.2M | $518K | 50x | as long as short |
| Extended GRASS-USD | −0.004% | +0.0104% | 1h | $189K | $808K | 10x | as long as short |
| Lighter GRASS | −0.003% | +0.0096% | 1h | $337K | $96K | 5x | as long as short |
| OKX GRASS-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $2.4M | $2.2M | 20x | |
| Reya GRASSRUSDPERP | +0.011% | −0.0117% | 1h | $552 | — | 15x | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX GRASS-USDT | +0.027% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Aster GRASSUSDT | +0.073% | +0.0252% | 4h | $47K | $104K | 10x | as long as short |
| Binance GRASSUSDT | +0.082% | +0.0100% | 4h | $8.1M | $5.8M | 75x | as long as short |
| MEXC GRASS_USDT | +0.109% | +0.0100% | 4h | $1.0M | $466K | 100x | as long as short |
| Hyperliquid GRASSshort | +0.139% | +0.0254% | 1h | $13.4M | $1.2M | 3x | |
| BloFin GRASS-USDT | +0.272% | +0.0136% | 4h | $457K | $133K | 20x | as long as short |
| Injective GRASS/USDC PERP | +2.915% | +0.0033% | 1h | $6 | $78K | 5.5x | as long as short |