GRASS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1267%/8h= +138.8% APRnext payment +$1.58 per $10,000 · paid last 24h +0.417%

Price spread now: Lighter against Reya+0.286%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Lighter

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 · Lighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and Lighter is 0.286% dearer against Reya than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya GRASSRUSDPERP	0.4481	−0.0107	get 0.0013% / 1h	12m 19s	$673	—	15x
Short	Lighter GRASS	0.4494	0.1160	get 0.0145% / 1h	12m 19s	$867K	$1.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Reya. 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 ReyabpFee LighterbpOrdersPrice spread, now +0.286%Rate

Funding earned: $266.11
Price spread: +0.286% → 0.000%: $28.57
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: $288.68
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Lighter: live order book, 8 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell Lighter live order book, 8 min ago	27.93 bp	30.9 bp −$31	122.2 bp −$1,222	doesn't fit	doesn't fit

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 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 GRASSRUSDPERPlong	−0.0107%	1h	0.4481	long leg	$673	—	15x
Injective GRASS/USDC PERP	+0.0033%	1h	0.4267	−4.780%	$7	$23K	5.5x	as long as short
Binance GRASSUSDT	+0.0100%	4h	0.4487	+0.137%	$10.5M	$38.3M	75x	as long as short
Bybit GRASSUSDT	+0.0100%	4h	0.4483	+0.034%	$25.8M	$21.0M	25x	as long as short
OKX GRASS-USDT-SWAP	+0.0100%	4h	0.4482	+0.018%	$3.5M	$22.6M	20x	as long as short
Gate GRASS_USDT	+0.0100%	4h	0.4481	−0.004%	$1.3M	$1.9M	50x	as long as short
MEXC GRASS_USDT	+0.0100%	4h	0.4483	+0.040%	$1.7M	$3.0M	100x	as long as short
KuCoin GRASSUSDTM	+0.0100%	4h	0.4482	+0.018%	$1.3M	$2.1M	50x	as long as short
Bitget GRASSUSDT	+0.0100%	4h	0.4479	−0.042%	$5.2M	$4.0M	75x	as long as short
BingX GRASS-USDT	+0.0100%	4h	0.4483	+0.040%	—	$7.4M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GRASS	+0.0100%	4h	0.4465	−0.366%	$2.2M	$1.4M	—	as long as short
Extended GRASS-USD	+0.0104%	1h	0.4480	−0.023%	$225K	$1.3M	10x	as long as short
BloFin GRASS-USDT	+0.0125%	4h	0.4486	+0.107%	$563K	$402K	20x	as long as short
Aster GRASSUSDT	+0.0470%	4h	0.4477	−0.098%	$61K	$329K	10x	as long as short
Hyperliquid GRASS	+0.0514%	1h	0.4486	+0.105%	$17.0M	$4.7M	3x	as long as short
Kraken Futures PF_GRASSUSD	+0.0973%	1h	0.4481	−0.005%	$161K	$162K	20x	as long as short
Lighter GRASSshort	+0.1160%	1h	0.4494	+0.286%	$867K	$1.0M	5x