Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Gate−0.118%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$220as in the Funding arb table

Net, price: spread back to 7d avg − costs−$236as in the Price arb table

costs, in and out, $10k−$2292.292% of the position

Long on Gate Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.088%+$9 on $10k

Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.118%, 7d avg −0.052%

Together, before fees+0.154%+ Points / potential airdropLighter RH: Points live · farm board+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter RH is 0.066% cheaper against Gate than usual: you would sell low and buy high (spread −0.118% now, against its 7-day average of −0.052%). If the spread goes back, that is −$7 on $10k: about 6.9 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate USAR_USDT	16.960	0	get 0.0000% / 8h	6h 01m	$500K	$442K	20x
Short	Lighter RH USAR	16.940	0.0032	get 0.0004% / 1h	1m 54s	$271K	$590K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.118%Rate

Funding earned: $6.72
Price spread: −0.118% → −0.052%: −$6.6
Slippage, 4 orders: −$214.25
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$229.13
Costs to cover: 2.292%
Break-even: 245.7 days

Slippage from Gate: live order book, 64 min ago; Lighter RH: live order book, 66 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, 64 min ago	8.80 bp	32.9 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 66 min ago	13.20 bp	13.6 bp −$14	22.9 bp −$229	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	16.969	+0.053%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.946	−0.083%	$1K	$158K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.950	−0.059%	$2.4M	$5.2M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.940	−0.118%	$426K	$273K	25x	as long as short
Gate USAR_USDTlong	0.0000%	8h	16.960	long leg	$500K	$442K	20x
Bitget USARUSDT	0.0000%	8h	16.960	0.000%	$346K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.957	−0.017%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.957	−0.016%	$1K	$220K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.950	−0.059%	$2K	$6.9M	10x	as long as short
HTX USAR-USDT	0.0000%	8h	16.980	+0.118%	$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
OKX USAR-USDT-SWAP	+0.0004%	8h	16.970	+0.059%	$1.0M	$1.3M	20x	as long as short
Lighter RH USARshort	+0.0032%	1h	16.940	−0.118%	$271K	$590K	10x
Arcus USAR-USD	+0.0040%	1h	16.930	−0.177%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.960	0.000%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.934	−0.153%	$2.5M	$953K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.940	−0.118%	$284K	$135K	20x	as long as short