USAR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.1% APRnext payment −$0.29 per $10,000 · paid last 24h −0.024%

Price spread now: Bybit against Binance0.000%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$220as in the Funding arb table

Net, price: spread back to 7d avg − costs−$210as in the Price arb table

costs, in and out, $10k−$2132.134% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 2 days (all we have)−0.007%−$1 · spread now 0.000%, 7d avg −0.038%

Together, before fees−0.077%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.038% dearer against Binance than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.038%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance USARUSDT	17.050	0.0029	pay 0.0029% / 8h	0m 27s	$2.5M	$5.3M	20x
Short	Bybit USARUSDT	17.050	0	get 0.0000% / 8h	0m 27s	$428K	$277K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$6.01
Price spread: 0.000% → −0.038%: $3.76
Slippage, 4 orders: −$192.44
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$215.69
Costs to cover: 2.134%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 4 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, 8 min ago	2.93 bp	10.5 bp −$10	52.8 bp −$528	202.8 bp −$20.3K	doesn't fit
Sell Bybit live order book, 4 min ago	5.87 bp	85.6 bp −$86	212.5 bp −$2,125	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	17.038	−0.069%	$27K	$29K	20x	as long as short
Bybit USARUSDTshort	0.0000%	8h	17.050	0.000%	$428K	$277K	25x
OKX USAR-USDT-SWAP	0.0000%	8h	17.070	+0.117%	$1.0M	$1.1M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	17.050	0.000%	$525K	$436K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	17.050	0.000%	$364K	$3.9M	20x	as long as short
Variational Omni USAR	0.0000%	8h	17.053	+0.016%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	17.050	+0.001%	$1K	$237K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	17.050	0.000%	$2K	$7.3M	10x	as long as short
HTX USAR-USDT	0.0000%	8h	17.090	+0.235%	$8K	$7K	20x	as long as short
Binance USARUSDTlong	+0.0029%	8h	17.050	long leg	$2.5M	$5.3M	20x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH USAR	+0.0032%	1h	17.046	−0.023%	$273K	$686K	10x	as long as short
Extended USAR-USD	+0.0032%	1h	17.047	−0.020%	$4K	$181K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	17.050	0.000%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	17.046	−0.023%	$2.5M	$956K	10x	as long as short
Arcus USAR-USD	+0.0100%	1h	17.040	−0.059%	$147K	$62K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	17.050	0.000%	$289K	$119K	20x	as long as short