Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0395%/8h= +43.3% APRpaid last 24h +0.024%

Price spread now: tradeXYZ against Aster+0.034%7-day average — · you sell dearer than you buy

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

Long on Aster Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and tradeXYZ is 0.034% dearer against Aster than usual: you sell high and buy low: +$3 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	Aster USARUSDT	17.045	0	get 0.0000% / 8h	7h 50m	$27K	$29K	20x
Short	tradeXYZ xyz:USAR	17.051	0.0395	get 0.0049% / 1h	50m 56s	$2.5M	$946K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Aster. 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 AsterbpFee tradeXYZbpOrdersPrice spread, now +0.034%Rate

Funding earned: $83.02
Price spread: +0.034% → 0.000%: $3.35
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $60.37
Costs to cover: 0.260%
Break-even: 1.9 days

Slippage unknown: Aster: no order-book sample; tradeXYZ: live order book, 6 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 Aster no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 6 min ago	2.64 bp	13.3 bp −$13	doesn't fit	doesn't fit	doesn't fit

Aster: 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 USARUSDTlong	0.0000%	8h	17.045	long leg	$27K	$29K	20x
Bybit USARUSDT	0.0000%	8h	17.050	+0.028%	$428K	$270K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	17.050	+0.028%	$995K	$1.1M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	17.060	+0.086%	$526K	$415K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	17.050	+0.028%	$368K	$3.8M	20x	as long as short
Variational Omni USAR	0.0000%	8h	17.052	+0.041%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	17.069	+0.138%	$1K	$234K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	17.040	−0.031%	$2K	$7.3M	10x	as long as short
HTX USAR-USDT	0.0000%	8h	17.080	+0.204%	$8K	$7K	20x	as long as short
Binance USARUSDT	+0.0030%	8h	17.056	+0.064%	$2.5M	$5.2M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH USAR	+0.0032%	1h	17.055	+0.057%	$273K	$616K	10x	as long as short
Extended USAR-USD	+0.0032%	1h	17.051	+0.034%	$4K	$177K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	17.040	−0.031%	$147K	$61K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	17.050	+0.028%	—	$49	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	17.060	+0.086%	$288K	$121K	20x	as long as short
tradeXYZ xyz:USARshort	+0.0395%	1h	17.051	+0.034%	$2.5M	$946K	10x