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

USAR

RWAall USAR markets
SwapBacktest
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: GRVT against Bybit+0.062%90s7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2552.551% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 3 days (all we have)+0.113%+$11 · spread now +0.062%, 7d avg +0.071%
Together, before fees+0.112%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit USARUSDT17.0400get 0.0000% / 8h7h 37m$428K$272K25x
ShortGRVT USAR_USDT_Perp17.0510get 0.0000% / 8h7h 37m$1K$233K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: +0.062% → +0.071%
−$0.86
Slippage, 4 orders
−$235.06
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$255.91
Costs to cover
2.551%
Break-even
never at this rate
Slippage from Bybit: live order book, 27 min ago; GRVT: live order book, 34 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, 27 min ago5.87 bp94.3 bp −$94220.0 bp −$2,200doesn't fitdoesn't fit
Sell GRVT live order book, 34 min ago8.80 bp38.5 bp −$3896.7 bp −$967doesn'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
Aster USARUSDT0.0000%8h17.037−0.017%$27K$29K20xas long as short
Bybit USARUSDTlong0.0000%8h17.040long leg$428K$272K25x
OKX USAR-USDT-SWAP0.0000%8h17.050+0.059%$993K$1.1M20xas long as short
Gate USAR_USDT0.0000%8h17.0400.000%$525K$416K20xas long as short
Bitget USARUSDT0.0000%8h17.050+0.059%$371K$3.8M20xas long as short
Variational Omni USAR0.0000%8h17.042+0.014%$58K$6Kas long as short
GRVT USAR_USDT_Perpshort0.0000%8h17.051+0.062%$1K$233K10x
SunX USAR-USDT0.0000%8h17.030−0.059%$2K$7.2M10xas long as short
HTX USAR-USDT0.0000%8h17.070+0.176%$8K$7K20xas long as short
Binance USARUSDT+0.0007%8h17.046+0.035%$2.5M$5.2M20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended USAR-USD+0.0008%1h17.041+0.006%$4K$177K10xas long as short
Lighter RH USAR+0.0032%1h17.041+0.006%$273K$616K10xas long as short
Arcus USAR-USD+0.0040%1h17.030−0.059%$147K$61K10xas long as short
Vest USAR-USD-PERP+0.0046%1h17.050+0.059%$4910xas long as short
KuCoin USARUSDTM+0.0100%8h17.0400.000%$288K$122K20xas long as short
tradeXYZ xyz:USAR+0.0110%1h17.0400.000%$2.5M$945K10xas long as short