Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.062%

Price spread now: Arcus against Binance−0.109%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$450.455% of the position

Long on Binance Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.076%+$8 on $10k

Price spread, last 2 days (all we have)−0.012%−$1 · spread now −0.109%, 7d avg −0.063%

Together, before fees+0.064%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Arcus is 0.046% cheaper against Binance than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of −0.063%). If the spread goes back, that is −$5 on $10k: about 3.8 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance USARUSDT	17.049	0	get 0.0000% / 8h	7h 10m	$2.5M	$5.2M	20x
Short	Arcus USAR-USD	17.030	0.0040	get 0.0005% / 1h	10m 25s	$147K	$61K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Binance. 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 BinancebpFee ArcusbpOrdersPrice spread, now −0.109%Rate

Funding earned: $8.46
Price spread: −0.109% → −0.063%: −$4.58
Slippage, 4 orders: −$31
Fee Binance: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$41.62
Costs to cover: 0.455%
Break-even: 41.4 days

Slippage from Binance: live order book, 12 min ago; Arcus: live order book, 63 min ago.

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 Binance live order book, 12 min ago	2.93 bp	18.9 bp −$19	71.3 bp −$713	doesn't fit	doesn't fit
Sell Arcus live order book, 63 min ago	2.93 bp	5.2 bp −$5	20.2 bp −$202	doesn't fit	doesn't fit

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	17.037	−0.068%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	17.043	−0.032%	$7	$153K	10x	as long as short
Binance USARUSDTlong	0.0000%	8h	17.049	long leg	$2.5M	$5.2M	20x
Bybit USARUSDT	0.0000%	8h	17.040	−0.051%	$427K	$271K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	17.060	+0.067%	$994K	$1.1M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	17.040	−0.051%	$524K	$425K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	17.050	+0.008%	$371K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	17.042	−0.038%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	17.047	−0.012%	$2K	$228K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	17.040	−0.051%	$2K	$7.1M	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-USDT	0.0000%	8h	17.070	+0.125%	$8K	$7K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	17.040	−0.051%	$273K	$616K	10x	as long as short
Arcus USAR-USDshort	+0.0040%	1h	17.030	−0.109%	$147K	$61K	10x
Vest USAR-USD-PERP	+0.0046%	1h	17.050	+0.008%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	17.049	+0.002%	$2.5M	$933K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	17.040	−0.051%	$289K	$123K	20x	as long as short