Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: GRVT against Extended+0.115%52s7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1521.522% of the position

Long on Extended Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 4 days (all we have)+0.135%+$14 · spread now +0.115%, 7d avg +0.056%

Together, before fees+0.094%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$9 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: GRVT is 0.059% dearer against Extended than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.056%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended USAR-USD	16.931	0	get 0.0000% / 1h	44m 19s	$3K	$162K	10x
Short	GRVT USAR_USDT_Perp	16.950	0	get 0.0000% / 8h	4h 44m	$2K	$219K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.115%Rate

Funding earned: $0
Price spread: +0.115% → +0.056%: $5.93
Slippage, 4 orders: −$138.24
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$146.31
Costs to cover: 1.522%
Break-even: never at this rate

Slippage from Extended: live order book, 12 min ago; GRVT: live order book, 13 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, 12 min ago	7.68 bp	29.1 bp −$29	229.3 bp −$2,293	doesn't fit	doesn't fit
Sell GRVT live order book, 13 min ago	8.85 bp	50.7 bp −$51	88.2 bp −$882	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	16.933	+0.014%	$27K	$29K	20x	as long as short
Extended USAR-USDlong	0.0000%	1h	16.931	long leg	$3K	$162K	10x
Binance USARUSDT	0.0000%	8h	16.939	+0.049%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.930	−0.003%	$423K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.980	+0.292%	$983K	$1.3M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.940	+0.056%	$500K	$435K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.940	+0.056%	$345K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.932	+0.009%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perpshort	0.0000%	8h	16.950	+0.115%	$2K	$219K	10x
SunX USAR-USDT	0.0000%	8h	16.930	−0.003%	$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	+0.174%	$7K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.932	+0.009%	$271K	$575K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.920	−0.062%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.940	+0.056%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.932	+0.009%	$2.5M	$957K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.940	+0.056%	$285K	$145K	20x	as long as short