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: Variational Omni against Bybit+0.071%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.071% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit USARUSDT	16.920	0	get 0.0000% / 8h	4h 45m	$423K	$272K	25x
Short	Variational Omni USAR	16.932	0	get 0.0000% / 8h	4h 45m	$60K	$8K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.071%Rate

Funding earned: $0
Price spread: +0.071% → 0.000%: $7.11
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$3.89
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 4 min ago	2.96 bp	85.7 bp −$86	216.3 bp −$2,163	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	16.935	+0.090%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.930	+0.058%	$3K	$162K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.936	+0.097%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDTlong	0.0000%	8h	16.920	long leg	$423K	$272K	25x
OKX USAR-USDT-SWAP	0.0000%	8h	16.980	+0.355%	$983K	$1.3M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.950	+0.177%	$500K	$435K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.940	+0.118%	$344K	$3.7M	20x	as long as short
Variational Omni USARshort	0.0000%	8h	16.932	+0.071%	$60K	$8K	—
GRVT USAR_USDT_Perp	0.0000%	8h	16.950	+0.177%	$2K	$219K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.930	+0.059%	$2K	$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	16.960	+0.236%	$7K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.929	+0.053%	$271K	$575K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.920	0.000%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.940	+0.118%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.933	+0.077%	$2.5M	$953K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.930	+0.059%	$285K	$145K	20x	as long as short