Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: OKX against Binance+0.118%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1191.188% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days−0.043%−$4 · spread now +0.118%, 7d avg +0.035%

Together, before fees+0.008%+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.083% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance USARUSDT	16.990	0	get 0.0000% / 8h	5h 12m	$2.4M	$5.1M	20x
Short	OKX USAR-USDT-SWAP	17.010	0	get 0.0000% / 8h	5h 12m	$1.0M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.118%Rate

Funding earned: $0
Price spread: +0.118% → +0.035%: $8.32
Slippage, 4 orders: −$98.78
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$110.46
Costs to cover: 1.188%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; OKX: 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, 10 min ago	2.95 bp	17.5 bp −$18	61.2 bp −$612	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	5.89 bp	50.3 bp −$50	814.3 bp −$8,143	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	16.960	−0.176%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.986	−0.026%	$788	$152K	10x	as long as short
Binance USARUSDTlong	0.0000%	8h	16.990	long leg	$2.4M	$5.1M	20x
Bybit USARUSDT	0.0000%	8h	16.970	−0.118%	$424K	$272K	25x	as long as short
OKX USAR-USDT-SWAPshort	0.0000%	8h	17.010	+0.118%	$1.0M	$1.3M	20x
Gate USAR_USDT	0.0000%	8h	16.990	0.000%	$501K	$438K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.990	0.000%	$346K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.972	−0.108%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.970	−0.118%	$1K	$219K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.990	0.000%	$795	$6.8M	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	17.000	+0.059%	$7K	$9K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.966	−0.141%	$272K	$581K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.970	−0.118%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.970	−0.118%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.987	−0.018%	$2.5M	$948K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.970	−0.118%	$286K	$138K	20x	as long as short