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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USARUSDT | 16.940 | 0 | get 0.0000% / 8h | 1h 22m | $359K | $3.8M | 20x |
| Short | Binance USARUSDT | 16.926 | 0.0079 | get 0.0079% / 8h | 1h 22m | $2.5M | $5.2M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 1 min ago | 5.91 bp | 28.1 bp −$28 | 60.6 bp −$606 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 2.96 bp | 16.7 bp −$17 | 56.7 bp −$567 | 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 | 16.920 | −0.118% | $27K | $29K | 20x | as long as short |
| Bybit USARUSDT | 0.0000% | 8h | 16.920 | −0.118% | $431K | $272K | 25x | as long as short |
| OKX USAR-USDT-SWAP | 0.0000% | 8h | 16.940 | 0.000% | $970K | $1.1M | 20x | as long as short |
| Gate USAR_USDT | 0.0000% | 8h | 16.920 | −0.118% | $521K | $432K | 20x | as long as short |
| Bitget USARUSDTlong | 0.0000% | 8h | 16.940 | long leg | $359K | $3.8M | 20x | |
| Variational Omni USAR | 0.0000% | 8h | 16.903 | −0.219% | $58K | $6K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.901 | −0.232% | $1K | $240K | 10x | as long as short |
| SunX USAR-USDT | 0.0000% | 8h | 16.910 | −0.177% | $1K | $7.4M | 10x | as long as short |
| HTX USAR-USDT | +0.0020% | 8h | 16.940 | 0.000% | $8K | $8K | 20x | as long as short |
| Lighter RH USAR | +0.0032% | 1h | 16.925 | −0.089% | $273K | $692K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest USAR-USD-PERP | +0.0046% | 1h | 16.920 | −0.118% | — | $49 | 10x | as long as short |
| tradeXYZ xyz:USAR | +0.0050% | 1h | 16.922 | −0.106% | $2.6M | $911K | 10x | as long as short |
| Binance USARUSDTshort | +0.0079% | 8h | 16.926 | −0.083% | $2.5M | $5.2M | 20x | |
| Extended USAR-USD | +0.0080% | 1h | 16.916 | −0.143% | $4K | $181K | 10x | as long as short |
| KuCoin USARUSDTM | +0.0100% | 8h | 16.910 | −0.177% | $288K | $104K | 20x | as long as short |
| Arcus USAR-USD | +0.0753% | 1h | 16.910 | −0.177% | $146K | $62K | 10x | as long as short |
Bitget USARUSDT
Binance USARUSDT
Aster USARUSDT
Bybit USARUSDT
OKX USAR-USDT-SWAP
Gate USAR_USDT
Variational Omni USAR
GRVT USAR_USDT_Perp
SunX USAR-USDT
HTX USAR-USDT
Lighter RH USAR
tradeXYZ xyz:USAR
Extended USAR-USD
KuCoin USARUSDTM