Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: Gate against Extended−0.091%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$359as in the Funding arb table

Net, price: spread back to 7d avg − costs−$364as in the Price arb table

costs, in and out, $10k−$3533.533% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 4 days (all we have)+0.356%+$36 · spread now −0.091%, 7d avg +0.012%

Together, before fees+0.298%+ Points / potential airdropExtended: Active · farm board+$30 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 0.103% cheaper against Extended than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended USAR-USD	16.945	0	get 0.0000% / 1h	39m 50s	$788	$157K	10x
Short	Gate USAR_USDT	16.930	0	get 0.0000% / 8h	5h 39m	$499K	$435K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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 ExtendedbpFee GatebpOrdersPrice spread, now −0.091%Rate

Funding earned: $0
Price spread: −0.091% → +0.012%: −$10.26
Slippage, 4 orders: −$333.3
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$363.56
Costs to cover: 3.533%
Break-even: never at this rate

Slippage from Extended: live order book, 21 min ago; Gate: live order book, 21 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 Extended live order book, 21 min ago	9.15 bp	31.0 bp −$31	163.0 bp −$1,630	doesn't fit	doesn't fit
Sell Gate live order book, 21 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	16.951	+0.031%	$27K	$29K	20x	as long as short
Extended USAR-USDlong	0.0000%	1h	16.945	long leg	$788	$157K	10x
Binance USARUSDT	0.0000%	8h	16.950	+0.028%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.930	−0.091%	$423K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.940	−0.032%	$1.0M	$1.3M	20x	as long as short
Gate USAR_USDTshort	0.0000%	8h	16.930	−0.091%	$499K	$435K	20x
Bitget USARUSDT	0.0000%	8h	16.960	+0.087%	$346K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.942	−0.021%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.946	+0.003%	$2K	$218K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.950	+0.028%	$1K	$6.9M	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	16.980	+0.205%	$7K	$9K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.940	−0.032%	$271K	$580K	10x	as long as short
tradeXYZ xyz:USAR	+0.0037%	1h	16.934	−0.067%	$2.5M	$949K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.930	−0.091%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.930	−0.091%	—	$49	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.940	−0.032%	$285K	$134K	20x	as long as short