Settings8H · net · $10k
Funding arb · Price arb /

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.79 per $10,000 · paid last 24h +0.018%
Price spread now: Binance against Bitget−0.083%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$940.940% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 2 days (all we have)+0.007%+$1 · spread now −0.083%, 7d avg −0.042%
Together, before fees+0.088%+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.041% cheaper against Bitget than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.042%). If the spread goes back, that is −$4 on $10k: about 41 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.082% in total) that is about 3.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget USARUSDT16.9400get 0.0000% / 8h1h 22m$359K$3.8M20x
ShortBinance USARUSDT16.9260.0079get 0.0079% / 8h1h 22m$2.5M$5.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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

Funding earned
$16.55
Price spread: −0.083% → −0.042%
−$4.08
Slippage, 4 orders
−$72.04
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$81.58
Costs to cover
0.940%
Break-even
41.5 days
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago5.91 bp28.1 bp −$2860.6 bp −$606doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago2.96 bp16.7 bp −$1756.7 bp −$567doesn't fitdoesn't fit

USAR on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster USARUSDT0.0000%8h16.920−0.118%$27K$29K20xas long as short
Bybit USARUSDT0.0000%8h16.920−0.118%$431K$272K25xas long as short
OKX USAR-USDT-SWAP0.0000%8h16.9400.000%$970K$1.1M20xas long as short
Gate USAR_USDT0.0000%8h16.920−0.118%$521K$432K20xas long as short
Bitget USARUSDTlong0.0000%8h16.940long leg$359K$3.8M20x
Variational Omni USAR0.0000%8h16.903−0.219%$58K$6Kas long as short
GRVT USAR_USDT_Perp0.0000%8h16.901−0.232%$1K$240K10xas long as short
SunX USAR-USDT0.0000%8h16.910−0.177%$1K$7.4M10xas long as short
HTX USAR-USDT+0.0020%8h16.9400.000%$8K$8K20xas long as short
Lighter RH USAR+0.0032%1h16.925−0.089%$273K$692K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest USAR-USD-PERP+0.0046%1h16.920−0.118%$4910xas long as short
tradeXYZ xyz:USAR+0.0050%1h16.922−0.106%$2.6M$911K10xas long as short
Binance USARUSDTshort+0.0079%8h16.926−0.083%$2.5M$5.2M20x
Extended USAR-USD+0.0080%1h16.916−0.143%$4K$181K10xas long as short
KuCoin USARUSDTM+0.0100%8h16.910−0.177%$288K$104K20xas long as short
Arcus USAR-USD+0.0753%1h16.910−0.177%$146K$62K10xas long as short