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: SunX against Binance0.000%7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$329as in the Funding arb table

Net, price: spread back to 7d avg − costs−$320as in the Price arb table

costs, in and out, $10k−$3243.241% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 4 days (all we have)−0.339%−$34 · spread now 0.000%, 7d avg −0.043%

Together, before fees−0.388%−$39 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: SunX is 0.043% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance USARUSDT	16.830	0	get 0.0000% / 8h	1h 58m	$2.4M	$5.4M	20x
Short	SunX USAR-USDT	16.830	0	get 0.0000% / 8h	1h 58m	$2K	$6.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.043%: $4.31
Slippage, 4 orders: −$306.09
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$319.79
Costs to cover: 3.241%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; SunX: live order book, 11 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	2.97 bp	18.7 bp −$19	65.7 bp −$657	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	50.43 bp	145.0 bp −$145	doesn't fit	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
Bitget USARUSDT	−0.0028%	8h	16.840	+0.059%	$333K	$3.8M	20x	as long as short
Aster USARUSDT	0.0000%	8h	16.826	−0.024%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.825	−0.029%	$3K	$251K	10x	as long as short
Binance USARUSDTlong	0.0000%	8h	16.830	long leg	$2.4M	$5.4M	20x
Bybit USARUSDT	0.0000%	8h	16.820	−0.059%	$420K	$287K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.860	+0.178%	$895K	$1.9M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.840	+0.059%	$497K	$463K	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.852	+0.130%	$59K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.851	+0.126%	$2K	$228K	10x	as long as short
SunX USAR-USDTshort	0.0000%	8h	16.830	0.000%	$2K	$6.7M	10x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX USAR-USDT	0.0000%	8h	16.860	+0.178%	$8K	$8K	20x	as long as short
tradeXYZ xyz:USAR	+0.0009%	1h	16.830	0.000%	$2.5M	$1.1M	10x	as long as short
Lighter RH USAR	+0.0032%	1h	16.830	0.000%	$267K	$545K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.820	−0.059%	$145K	$63K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.850	+0.119%	—	$49	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.840	+0.059%	$282K	$188K	20x	as long as short