Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%

Price spread now: SunX against Extended−0.072%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$342as in the Funding arb table

Net, price: spread back to 7d avg − costs−$343as in the Price arb table

costs, in and out, $10k−$3353.351% of the position

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$7 on $10k

Price spread, last 3 days (all we have)+0.100%+$10 · spread now −0.072%, 7d avg +0.002%

Together, before fees+0.034%+ Points / potential airdropExtended: Active · farm board+$3 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: SunX is 0.074% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended USAR-USD	17.062	0	get 0.0000% / 1h	34m 48s	$4K	$177K	10x
Short	SunX USAR-USDT	17.050	0	get 0.0000% / 8h	7h 34m	$2K	$7.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.072%Rate

Funding earned: $0
Price spread: −0.072% → +0.002%: −$7.44
Slippage, 4 orders: −$322.14
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$342.58
Costs to cover: 3.351%
Break-even: never at this rate

Slippage from Extended: live order book, 37 min ago; SunX: live order book, 4 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, 37 min ago	6.75 bp	25.5 bp −$25	171.3 bp −$1,713	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	49.87 bp	143.6 bp −$144	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	17.049	−0.080%	$27K	$29K	20x	as long as short
Extended USAR-USDlong	0.0000%	1h	17.062	long leg	$4K	$177K	10x
Bybit USARUSDT	0.0000%	8h	17.060	−0.014%	$428K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	17.080	+0.103%	$995K	$1.1M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	17.050	−0.072%	$525K	$422K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	17.050	−0.072%	$371K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	17.052	−0.059%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	17.047	−0.087%	$1K	$232K	10x	as long as short
SunX USAR-USDTshort	0.0000%	8h	17.050	−0.072%	$2K	$7.1M	10x
HTX USAR-USDT	0.0000%	8h	17.080	+0.103%	$8K	$7K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance USARUSDT	+0.0002%	8h	17.065	+0.018%	$2.5M	$5.2M	20x	as long as short
Lighter RH USAR	+0.0032%	1h	17.054	−0.049%	$273K	$616K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	17.040	−0.131%	$147K	$61K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	17.070	+0.045%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0085%	1h	17.066	+0.021%	$2.6M	$945K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	17.060	−0.014%	$289K	$122K	20x	as long as short