Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

USAR

RWAAll USAR markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BingXNCSKUSAR2USD-USDT
14.410+0.0264pay 0.0264% / 8h7h 59m$911K$1.6M—Long BingX
SHORT
GRVTUSAR_USDT_Perp
14.42000.0000% / 8h7h 59m$1K$195K10xShort GRVT
Price gap+0.069%99s
Funding gap−0.0264% /8h

The gap pays +$9 on $10k if it goes back to its 7d average, but funding costs $8 a day and eats that in about 28 hours.

The two prices were read 99 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$31−0.0264% /8h now · paid −0.306% over the last 7D
Price—spread +0.069%99s now · prices read too far apart to compare
Costs−$1091.091% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.069%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

USAR on 17 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size13.2 / 38.2 bp
    At $10k entering GRVT costs 38.2 bp, fee and slippage, 2.9× BingX’s.
  • Note: Margin at max leverage— + $1,000
    BingX —, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$7.92Long BingX: 3 payments, −$7.92; short GRVT: 3 payments, $0.00.
  • Watch: Prices read 99 s apart+0.069% vs −0.024%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$1K vs $911K OI
    GRVT sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · GRVT No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0146%/8h × 21 periods−$30.57
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$90.08
Fee BingX bp × 2 orders−$10.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$139.65
price spread not counted: prices read too far apart
Costs to cover1.091%Break-evennever at this rate
Slippage: BingX: live order book, 15 min ago; GRVT: live order book, 57 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX3.4613.2 bp−$1329.4 bp−$29495.5 bp−$9,554569.5 bp−$284.8K
SELL · SHORTGRVT10.2638.2 bp−$38194.5 bp−$1,945doesn’t fitdoesn’t fit

Closing costs about the same again.

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