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

USAR

RWAall USAR markets
SwapBacktest
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: Bybit against GRVT−0.059%80s7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$258as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2582.580% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.180%−$18 · spread now −0.059%, 7d avg −0.073%
Together, before fees−0.178%+ Points / potential airdropGRVT: Active · farm board−$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT USAR_USDT_Perp16.8800get 0.0000% / 8h2h 56m$1K$224K10x
ShortBybit USARUSDT16.8700get 0.0000% / 8h2h 56m$419K$283K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against GRVT. 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
$0
Price spread: −0.059% → −0.073%
$1.38
Slippage, 4 orders
−$238.01
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$256.62
Costs to cover
2.580%
Break-even
never at this rate
Slippage from GRVT: live order book, 56 min ago; Bybit: live order book, 49 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 GRVT live order book, 56 min ago8.86 bp60.3 bp −$60162.7 bp −$1,627doesn't fitdoesn't fit
Sell Bybit live order book, 49 min ago2.96 bp79.2 bp −$79211.4 bp −$2,114doesn'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
Aster USARUSDT0.0000%8h16.863−0.099%$27K$29K20xas long as short
Extended USAR-USD0.0000%1h16.865−0.087%$2K$254K10xas long as short
Binance USARUSDT0.0000%8h16.870−0.059%$2.4M$5.3M20xas long as short
Bybit USARUSDTshort0.0000%8h16.870−0.059%$419K$283K25x
OKX USAR-USDT-SWAP0.0000%8h16.890+0.059%$991K$1.8M20xas long as short
Gate USAR_USDT0.0000%8h16.8800.000%$493K$449K20xas long as short
Bitget USARUSDT0.0000%8h16.8800.000%$338K$3.8M20xas long as short
Variational Omni USAR0.0000%8h16.867−0.077%$59K$8Kas long as short
GRVT USAR_USDT_Perplong0.0000%8h16.880long leg$1K$224K10x
SunX USAR-USDT0.0000%8h16.870−0.059%$1K$6.7M10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX USAR-USDT0.0000%8h16.8800.000%$8K$8K20xas long as short
Lighter RH USAR+0.0032%1h16.862−0.107%$267K$552K10xas long as short
Arcus USAR-USD+0.0040%1h16.860−0.118%$145K$62K10xas long as short
Vest USAR-USD-PERP+0.0046%1h16.870−0.059%$4910xas long as short
tradeXYZ xyz:USAR+0.0050%1h16.863−0.101%$2.5M$1.0M10xas long as short
KuCoin USARUSDTM+0.0100%8h16.860−0.118%$282K$177K20xas long as short