Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Gate+0.060%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$708as in the Funding arb table

Net, price: spread back to 7d avg − costs−$701as in the Price arb table

costs, in and out, $10k−$7087.083% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.060%, 7d avg −0.009%

Together, before fees−0.027%−$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 0.069% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate USAR_USDT	16.690	0	get 0.0000% / 8h	7h 51m	$493K	$443K	20x
Short	SunX USAR-USDT	16.700	0	get 0.0000% / 8h	7h 51m	$524	$6.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.060%Rate

Funding earned: $0
Price spread: +0.060% → −0.009%: $6.88
Slippage, 4 orders: −$685.34
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$701.46
Costs to cover: 7.083%
Break-even: never at this rate

Slippage from Gate: live order book, 44 min ago; SunX: live order book, 7 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, 44 min ago	8.95 bp	126.2 bp −$126	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	50.55 bp	144.1 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
tradeXYZ xyz:USAR	−0.0112%	1h	16.685	−0.030%	$2.5M	$1.1M	10x	as long as short
Aster USARUSDT	0.0000%	8h	16.714	+0.141%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.700	+0.059%	$7	$203K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.700	+0.060%	$2.4M	$5.5M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.700	+0.060%	$410K	$293K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.700	+0.060%	$878K	$1.9M	20x	as long as short
Gate USAR_USDTlong	0.0000%	8h	16.690	long leg	$493K	$443K	20x
Bitget USARUSDT	0.0000%	8h	16.710	+0.120%	$347K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.717	+0.163%	$59K	$9K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.710	+0.120%	$838	$232K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX USAR-USDTshort	0.0000%	8h	16.700	+0.060%	$524	$6.6M	10x
HTX USAR-USDT	0.0000%	8h	16.660	−0.180%	$7K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.692	+0.012%	$264K	$412K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.690	0.000%	$144K	$61K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.670	−0.120%	—	$49	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.700	+0.060%	$276K	$206K	20x	as long as short