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: SunX against GRVT−0.006%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$380as in the Funding arb table

Net, price: spread back to 7d avg − costs−$375as in the Price arb table

costs, in and out, $10k−$3783.785% of the position

Long on GRVT Short on SunX

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)+0.083%+$8 · spread now −0.006%, 7d avg −0.039%

Together, before fees+0.067%+ Points / potential airdropGRVT: Active · farm board+$7 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 0.033% dearer against GRVT than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT USAR_USDT_Perp	16.971	0	get 0.0000% / 8h	4h 22m	$1K	$221K	10x
Short	SunX USAR-USDT	16.970	0	get 0.0000% / 8h	4h 22m	$2K	$6.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee GRVTbpFee SunXbpOrdersPrice spread, now −0.006%Rate

Funding earned: $0
Price spread: −0.006% → −0.039%: $3.31
Slippage, 4 orders: −$361.48
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$375.17
Costs to cover: 3.785%
Break-even: never at this rate

Slippage from GRVT: live order book, 34 min ago; SunX: live order book, 6 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 GRVT live order book, 34 min ago	8.85 bp	44.1 bp −$44	144.0 bp −$1,440	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	50.07 bp	143.6 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
Aster USARUSDT	0.0000%	8h	16.950	−0.124%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.966	−0.032%	$3K	$160K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.970	−0.006%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.970	−0.006%	$424K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.990	+0.112%	$984K	$1.3M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.970	−0.006%	$500K	$436K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.980	+0.053%	$347K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.972	+0.005%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perplong	0.0000%	8h	16.971	long leg	$1K	$221K	10x
SunX USAR-USDTshort	0.0000%	8h	16.970	−0.006%	$2K	$6.8M	10x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX USAR-USDT	0.0000%	8h	17.000	+0.170%	$7K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.967	−0.024%	$272K	$575K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.950	−0.124%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.970	−0.006%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.967	−0.024%	$2.5M	$951K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.960	−0.065%	$285K	$148K	20x	as long as short