Funding arb · Price arb /

GRASS

all GRASS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0205%/8h= −22.5% APRpaid last 24h −0.064%

Price spread now: Reya against OKX+0.099%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Reya is 0.099% dearer against OKX than usual: you sell high and buy low (spread +0.099% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GRASS-USDT-SWAP	0.4418	0.0100	pay 0.0050% / 4h	1h 06m	$3.5M	$27.0M	20x
Short	Reya GRASSRUSDPERP	0.4422	−0.0105	pay 0.0013% / 1h	6m 04s	$665	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.099%Rate

Funding earned: −$43.06
Price spread: +0.099% → 0.000%: $9.91
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$49.15
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 1 min ago; Reya: no order-book sample. Net counts fees only.

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, 1 min ago	4.52 bp	19.2 bp −$19	49.9 bp −$499	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GRASS on 17 exchanges

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 GRASSRUSDPERPshort	−0.0105%	1h	0.4422	+0.099%	$665	—	15x
Kraken Futures PF_GRASSUSD	−0.0101%	1h	0.4426	+0.175%	$159K	$182K	20x	as long as short
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−3.418%	$7	$23K	5.5x	as long as short
Hyperliquid GRASS	+0.0100%	1h	0.4431	+0.301%	$16.8M	$5.6M	3x	as long as short
Aster GRASSUSDT	+0.0100%	4h	0.4425	+0.158%	$67K	$440K	10x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4422	+0.092%	$10.6M	$50.8M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4419	+0.016%	$25.5M	$25.4M	25x	as long as short
OKX GRASS-USDT-SWAPlong	+0.0100%	4h	0.4418	long leg	$3.5M	$27.0M	20x
Gate GRASS_USDT	+0.0100%	4h	0.4421	+0.068%	$1.2M	$2.2M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4425	+0.158%	$1.9M	$3.7M	100x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GRASSUSDTM	+0.0100%	4h	0.4420	+0.045%	$1.2M	$2.8M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4417	−0.011%	$5.2M	$5.4M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4423	+0.113%	—	$7.6M	—	as long as short
Variational Omni GRASS	+0.0100%	4h	0.4378	−0.897%	$2.2M	$1.6M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4417	−0.021%	$219K	$1.3M	10x	as long as short
BloFin GRASS-USDT	+0.0125%	4h	0.4419	+0.023%	$578K	$554K	20x	as long as short
Lighter GRASS	+0.0624%	1h	0.4441	+0.525%	$858K	$1.1M	5x	as long as short