Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.065%

Price spread now: HTX against Arcus+0.237%7-day average — · you sell dearer than you buy

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

Long on Arcus Short on HTX

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—needs both histories

The price spread pays, funding is against you. HTX is 0.237% dearer against Arcus than usual: you sell high and buy low (spread +0.237% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus USAR-USD	16.890	0.0040	pay 0.0005% / 1h	47m 30s	$145K	$62K	10x
Short	HTX USAR-USDT	16.930	0	get 0.0000% / 8h	3h 47m	$7K	$8K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Arcus. 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 ArcusbpFee HTXbpOrdersPrice spread, now +0.237%Rate

Funding earned: −$8.46
Price spread: +0.237% → 0.000%: $23.68
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$1.28
Costs to cover: 0.165%
Break-even: from the start

Slippage unknown: Arcus: live order book, 6 min ago; HTX: 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 Arcus live order book, 6 min ago	8.86 bp	11.1 bp −$11	16.5 bp −$165	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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.

USAR on 16 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
Aster USARUSDT	0.0000%	8h	16.899	+0.054%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.899	+0.050%	$4K	$161K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.897	+0.042%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.880	−0.059%	$421K	$273K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.930	+0.237%	$984K	$1.3M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.900	+0.059%	$498K	$434K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.900	+0.059%	$341K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.922	+0.190%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.905	+0.088%	$2K	$223K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.900	+0.059%	$1K	$6.7M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX USAR-USDTshort	0.0000%	8h	16.930	+0.237%	$7K	$8K	20x
Lighter RH USAR	+0.0032%	1h	16.892	+0.012%	$271K	$561K	10x	as long as short
Arcus USAR-USDlong	+0.0040%	1h	16.890	long leg	$145K	$62K	10x
Vest USAR-USD-PERP	+0.0046%	1h	16.910	+0.118%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.907	+0.101%	$2.5M	$931K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.890	0.000%	$284K	$159K	20x	as long as short