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: Gate against Bybit+0.059%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$458as in the Funding arb table

Net, price: spread back to 7d avg − costs−$452as in the Price arb table

costs, in and out, $10k−$4564.557% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 4 days (all we have)+0.202%+$20 · spread now +0.059%, 7d avg +0.026%

Together, before fees+0.184%+$18 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: Gate is 0.033% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit USARUSDT	16.970	0	get 0.0000% / 8h	5h 13m	$424K	$272K	25x
Short	Gate USAR_USDT	16.980	0	get 0.0000% / 8h	5h 13m	$501K	$438K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now +0.059%Rate

Funding earned: $0
Price spread: +0.059% → +0.026%: $3.34
Slippage, 4 orders: −$429.73
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$452.4
Costs to cover: 4.557%
Break-even: never at this rate

Slippage from Bybit: live order book, 41 min ago; Gate: live order book, 48 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, 41 min ago	2.95 bp	81.1 bp −$81	198.7 bp −$1,987	doesn't fit	doesn't fit
Sell Gate live order book, 48 min ago	8.85 bp	140.8 bp −$141	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	16.958	−0.068%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.986	+0.092%	$788	$152K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.990	+0.118%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDTlong	0.0000%	8h	16.970	long leg	$424K	$272K	25x
OKX USAR-USDT-SWAP	0.0000%	8h	17.000	+0.177%	$1.0M	$1.3M	20x	as long as short
Gate USAR_USDTshort	0.0000%	8h	16.980	+0.059%	$501K	$438K	20x
Bitget USARUSDT	0.0000%	8h	16.990	+0.118%	$346K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.972	+0.010%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.970	0.000%	$1K	$219K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.990	+0.118%	$892	$6.8M	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	17.000	+0.177%	$7K	$9K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.964	−0.035%	$272K	$581K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.960	−0.059%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.970	0.000%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.978	+0.047%	$2.5M	$948K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.960	−0.059%	$285K	$138K	20x	as long as short