Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.029%

Price spread now: tradeXYZ against Bitget−0.041%7-day average −0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$750.748% of the position

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.285%+$28 on $10k

Price spread, last 7 days+0.041%+$4 · spread now −0.041%, 7d avg −0.096%

Together, before fees+0.326%+ Points / potential airdroptradeXYZ: Active · farm board+$33 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.055% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget USARUSDT	17.050	0	get 0.0000% / 8h	17m 33s	$367K	$3.9M	20x
Short	tradeXYZ xyz:USAR	17.043	0.0050	get 0.0006% / 1h	17m 33s	$2.5M	$957K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.041%Rate

Funding earned: $10.5
Price spread: −0.041% → −0.096%: $5.52
Slippage, 4 orders: −$44.79
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$58.77
Costs to cover: 0.748%
Break-even: 46.2 days

Slippage from Bitget: live order book, 5 min ago; tradeXYZ: live order book, 10 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, 5 min ago	2.93 bp	20.0 bp −$20	57.2 bp −$572	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	1.76 bp	13.9 bp −$14	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
Aster USARUSDT	0.0000%	8h	17.036	−0.084%	$27K	$29K	20x	as long as short
Bybit USARUSDT	0.0000%	8h	17.050	0.000%	$428K	$277K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	17.050	0.000%	$1.0M	$1.1M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	17.040	−0.059%	$525K	$434K	20x	as long as short
Bitget USARUSDTlong	0.0000%	8h	17.050	long leg	$367K	$3.9M	20x
Variational Omni USAR	0.0000%	8h	17.033	−0.101%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	17.033	−0.100%	$1K	$237K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	17.030	−0.117%	$1K	$7.3M	10x	as long as short
HTX USAR-USDT	0.0000%	8h	17.070	+0.117%	$8K	$7K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	17.042	−0.047%	$273K	$686K	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	17.050	0.000%	—	$49	10x	as long as short
tradeXYZ xyz:USARshort	+0.0050%	1h	17.043	−0.041%	$2.5M	$957K	10x
Binance USARUSDT	+0.0054%	8h	17.044	−0.032%	$2.5M	$5.3M	20x	as long as short
Extended USAR-USD	+0.0056%	1h	17.042	−0.045%	$4K	$181K	10x	as long as short
Arcus USAR-USD	+0.0100%	1h	17.030	−0.117%	$147K	$62K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	17.050	0.000%	$288K	$117K	20x	as long as short