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: GRVT against Gate−0.060%81s7-day average +0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$419as 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−$4214.210% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 4 days (all we have)+0.845%+$84 · spread now −0.060%, 7d avg +0.038%

Together, before fees+0.860%+ Points / potential airdropGRVT: Active · farm board+$86 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 0.098% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.038%. The two prices were read 81 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	Gate USAR_USDT	16.770	0	get 0.0000% / 8h	42m 02s	$495K	$473K	20x
Short	GRVT USAR_USDT_Perp	16.760	0	get 0.0000% / 8h	42m 02s	$1K	$229K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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 GatebpFee GRVTbpOrdersPrice spread, now −0.060%Rate

Funding earned: $0
Price spread: −0.060% → +0.038%: −$9.8
Slippage, 4 orders: −$396.99
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$430.78
Costs to cover: 4.210%
Break-even: never at this rate

Slippage from Gate: live order book, 59 min ago; GRVT: live order book, 60 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 Gate live order book, 59 min ago	8.94 bp	141.3 bp −$141	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 60 min ago	8.94 bp	47.1 bp −$47	77.6 bp −$776	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
Bitget USARUSDT	−0.0057%	8h	16.760	−0.060%	$344K	$3.9M	20x	as long as short
Aster USARUSDT	0.0000%	8h	16.775	+0.032%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.760	−0.058%	$782	$182K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.764	−0.037%	$2.4M	$5.5M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.750	−0.119%	$417K	$289K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.760	−0.060%	$887K	$1.9M	20x	as long as short
Gate USAR_USDTlong	0.0000%	8h	16.770	long leg	$495K	$473K	20x
Variational Omni USAR	0.0000%	8h	16.747	−0.139%	$59K	$8K	—	as long as short
GRVT USAR_USDT_Perpshort	0.0000%	8h	16.760	−0.060%	$1K	$229K	10x
SunX USAR-USDT	0.0000%	8h	16.760	−0.060%	$1K	$6.6M	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	16.780	+0.060%	$8K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.753	−0.101%	$265K	$538K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.730	−0.239%	$144K	$63K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.740	−0.179%	—	$49	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.740	−0.179%	$277K	$202K	20x	as long as short
tradeXYZ xyz:USAR	+0.0179%	1h	16.766	−0.024%	$2.5M	$1.1M	10x	as long as short