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 0.000%

Price spread now: Bybit against Bitget−0.118%7-day average −0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs−$185as in the Funding arb table

Net, price: spread back to 7d avg − costs−$189as in the Price arb table

costs, in and out, $10k−$1861.860% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.118%, 7d avg −0.091%

Together, before fees+0.065%+$6 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: Bybit is 0.027% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.091%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget USARUSDT	16.960	0	get 0.0000% / 8h	6h 05m	$346K	$3.7M	20x
Short	Bybit USARUSDT	16.940	0	get 0.0000% / 8h	6h 05m	$426K	$273K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now −0.118%Rate

Funding earned: $0
Price spread: −0.118% → −0.091%: −$2.67
Slippage, 4 orders: −$162.99
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$188.67
Costs to cover: 1.860%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 55 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, 3 min ago	2.95 bp	26.1 bp −$26	59.0 bp −$590	doesn't fit	doesn't fit
Sell Bybit live order book, 55 min ago	5.87 bp	34.0 bp −$34	230.2 bp −$2,302	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	16.970	+0.057%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.933	−0.157%	$1K	$158K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.938	−0.130%	$2.4M	$5.2M	20x	as long as short
Bybit USARUSDTshort	0.0000%	8h	16.940	−0.118%	$426K	$273K	25x
Gate USAR_USDT	0.0000%	8h	16.930	−0.177%	$499K	$442K	20x	as long as short
Bitget USARUSDTlong	0.0000%	8h	16.960	long leg	$346K	$3.7M	20x
Variational Omni USAR	0.0000%	8h	16.957	−0.017%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.950	−0.059%	$1K	$221K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.940	−0.118%	$2K	$6.9M	10x	as long as short
HTX USAR-USDT	0.0000%	8h	16.980	+0.118%	$8K	$7K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX USAR-USDT-SWAP	+0.0007%	8h	16.950	−0.059%	$1.0M	$1.3M	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.942	−0.106%	$271K	$590K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.940	−0.118%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.950	−0.059%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.945	−0.088%	$2.5M	$953K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.930	−0.177%	$285K	$134K	20x	as long as short