GRASS Funding Rate — live across 12 venues

25 DEX + 8 CEX · net of fees · updated continuously

Live annualized GRASS perpetual funding across all 12 venues Perpia tracks. Right now GRASS funding is positive on 10 and negative on 2, ranging from +18.0% on Aster to -8.6% on Variational — a spread of 26.7%. The widest delta-neutral trade is long Variational / short Aster at 22.5% net APR.

12
venues
10
paying positive
26.7%
funding spread
Best GRASS spread now
22.5%
net APR after fees
Long VariationalShort Aster
size depends on live venue depth — see the real cap in the scanner

GRASS funding rate by venue

36 pairs scanned
VenueFunding APRInterval
Aster+18.0%1h
Vest+10.9%1h
OKX+10.9%4h
Bybit+10.9%4h
Bitget+10.9%4h
KuCoin+10.9%4h
Hyperliquid+10.9%1h
BingX+10.9%4h
MEXC+5.5%8h
Binance+5.5%8h
Gate.io-5.0%4h
Variational-8.6%4h

Rates annualized; updated ~every few minutes from live venue data.

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GRASS funding — FAQ

Is GRASS funding positive right now?

GRASS perpetual funding is positive on 10 of 12 venues Perpia tracks and negative on 2. The highest is +18.0% on Aster; the lowest is -8.6% on Variational.

What is the best GRASS funding arbitrage right now?

Go long Variational and short Aster for about 22.5% net APR after fees — the widest delta-neutral GRASS spread Perpia currently sees.

Which exchange has the highest GRASS funding rate?

Aster, at +18.0% annualized. Funding shifts continuously, so check the live table above before trading.

How GRASS funding arbitrage works

Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.