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

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
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
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)−0.038%−$4 · spread now +0.119%, 7d avg +0.092%
Together, before fees−0.050%−$5 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit USARUSDT16.7700get 0.0000% / 8h2h 18m$419K$286K25x
ShortBitget USARUSDT16.790−0.0082pay 0.0082% / 8h2h 18m$335K$3.8M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 21 min ago5.96 bp50.1 bp −$50201.9 bp −$2,019doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago2.98 bp24.1 bp −$2463.2 bp −$632doesn'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
Bitget USARUSDTshort−0.0082%8h16.790+0.119%$335K$3.8M20x
Aster USARUSDT0.0000%8h16.789+0.113%$27K$29K20xas long as short
Extended USAR-USD0.0000%1h16.776+0.034%$3K$254K10xas long as short
Binance USARUSDT0.0000%8h16.780+0.060%$2.4M$5.4M20xas long as short
Bybit USARUSDTlong0.0000%8h16.770long leg$419K$286K25x
OKX USAR-USDT-SWAP0.0000%8h16.780+0.060%$896K$1.9M20xas long as short
Gate USAR_USDT0.0000%8h16.7700.000%$498K$457K20xas long as short
Variational Omni USAR0.0000%8h16.777+0.042%$59K$8Kas long as short
GRVT USAR_USDT_Perp0.0000%8h16.760−0.059%$1K$225K10xas long as short
SunX USAR-USDT0.0000%8h16.780+0.060%$1K$6.7M10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX USAR-USDT0.0000%8h16.780+0.060%$8K$8K20xas long as short
Lighter RH USAR+0.0032%1h16.769−0.006%$266K$553K10xas long as short
Arcus USAR-USD+0.0040%1h16.750−0.119%$144K$62K10xas long as short
Vest USAR-USD-PERP+0.0046%1h16.7700.000%$4910xas long as short
tradeXYZ xyz:USAR+0.0050%1h16.761−0.054%$2.5M$1.1M10xas long as short
KuCoin USARUSDTM+0.0100%8h16.7700.000%$280K$186K20xas long as short