Funding you earn now, next payment 08:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.82 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.119%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1441.444% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.119%, 7d avg +0.092%
=The price spread pays, funding is against you. Bitget is 0.027% dearer against Bybit than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of +0.092%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.012% in total) that is about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USARUSDT | 16.770 | 0 | get 0.0000% / 8h | 2h 18m | $419K | $286K | 25x |
| Short | Bitget USARUSDT | 16.790 | −0.0082 | pay 0.0082% / 8h | 2h 18m | $335K | $3.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$17.22
- Price spread: +0.119% → +0.092%
- $2.69
- Slippage, 4 orders
- −$121.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$158.96
- Costs to cover
- 1.444%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 21 min ago; Bitget: live order book, 4 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 Bybit live order book, 21 min ago | 5.96 bp | 50.1 bp −$50 | 201.9 bp −$2,019 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.98 bp | 24.1 bp −$24 | 63.2 bp −$632 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget USARUSDTshort | −0.0082% | 8h | 16.790 | +0.119% | $335K | $3.8M | 20x | |
| Aster USARUSDT | 0.0000% | 8h | 16.789 | +0.113% | $27K | $29K | 20x | as long as short |
| Extended USAR-USD | 0.0000% | 1h | 16.776 | +0.034% | $3K | $254K | 10x | as long as short |
| Binance USARUSDT | 0.0000% | 8h | 16.780 | +0.060% | $2.4M | $5.4M | 20x | as long as short |
| Bybit USARUSDTlong | 0.0000% | 8h | 16.770 | long leg | $419K | $286K | 25x | |
| OKX USAR-USDT-SWAP | 0.0000% | 8h | 16.780 | +0.060% | $896K | $1.9M | 20x | as long as short |
| Gate USAR_USDT | 0.0000% | 8h | 16.770 | 0.000% | $498K | $457K | 20x | as long as short |
| Variational Omni USAR | 0.0000% | 8h | 16.777 | +0.042% | $59K | $8K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.760 | −0.059% | $1K | $225K | 10x | as long as short |
| SunX USAR-USDT | 0.0000% | 8h | 16.780 | +0.060% | $1K | $6.7M | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX USAR-USDT | 0.0000% | 8h | 16.780 | +0.060% | $8K | $8K | 20x | as long as short |
| Lighter RH USAR | +0.0032% | 1h | 16.769 | −0.006% | $266K | $553K | 10x | as long as short |
| Arcus USAR-USD | +0.0040% | 1h | 16.750 | −0.119% | $144K | $62K | 10x | as long as short |
| Vest USAR-USD-PERP | +0.0046% | 1h | 16.770 | 0.000% | — | $49 | 10x | as long as short |
| tradeXYZ xyz:USAR | +0.0050% | 1h | 16.761 | −0.054% | $2.5M | $1.1M | 10x | as long as short |
| KuCoin USARUSDTM | +0.0100% | 8h | 16.770 | 0.000% | $280K | $186K | 20x | as long as short |
Bybit USARUSDT
Bitget USARUSDT
Aster USARUSDT
Extended USAR-USD
Binance 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
KuCoin USARUSDTM