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

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0235%/8h= +25.8% APRnext payment +$0.29 per $10,000 · paid last 24h +0.031%
Price spread now: tradeXYZ against Extended+0.003%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$980.980% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.228%+$23 on $10k
Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.003%, 7d avg −0.032%
Together, before fees+0.259%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and tradeXYZ is 0.034% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended USAR-USD16.7160get 0.0000% / 1h50m 17s$782$182K10x
ShorttradeXYZ xyz:USAR16.7160.0235get 0.0029% / 1h50m 17s$2.5M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
$49.44
Price spread: +0.003% → −0.032%
$3.44
Slippage, 4 orders
−$75.03
Fee Extended: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$45.15
Costs to cover
0.980%
Break-even
13.4 days
Slippage from Extended: live order book, 52 min ago; tradeXYZ: live order book, 7 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 Extended live order book, 52 min ago6.26 bp26.4 bp −$26177.1 bp −$1,771doesn't fitdoesn't fit
Sell tradeXYZ live order book, 7 min ago2.68 bp29.4 bp −$29doesn't fitdoesn'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
Bitget USARUSDT−0.0062%8h16.720+0.027%$348K$3.9M20xas long as short
Aster USARUSDT0.0000%8h16.746+0.183%$27K$29K20xas long as short
Extended USAR-USDlong0.0000%1h16.716long leg$782$182K10x
Binance USARUSDT0.0000%8h16.724+0.050%$2.4M$5.5M20xas long as short
Bybit USARUSDT0.0000%8h16.710−0.033%$417K$289K25xas long as short
OKX USAR-USDT-SWAP0.0000%8h16.740+0.146%$886K$1.9M20xas long as short
Gate USAR_USDT0.0000%8h16.720+0.027%$494K$472K20xas long as short
Variational Omni USAR0.0000%8h16.722+0.037%$59K$8Kas long as short
GRVT USAR_USDT_Perp0.0000%8h16.761+0.275%$1K$230K10xas long as short
SunX USAR-USDT0.0000%8h16.720+0.027%$2K$6.6M10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX USAR-USDT0.0000%8h16.750+0.206%$8K$8K20xas long as short
Lighter RH USAR+0.0032%1h16.721+0.033%$265K$538K10xas long as short
Arcus USAR-USD+0.0040%1h16.730+0.087%$144K$63K10xas long as short
Vest USAR-USD-PERP+0.0046%1h16.700−0.093%$4910xas long as short
KuCoin USARUSDTM+0.0100%8h16.720+0.027%$277K$200K20xas long as short
tradeXYZ xyz:USARshort+0.0235%1h16.716+0.003%$2.5M$1.1M10x