Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0526%/8h= −57.6% APRpaid last 24h −0.001%

Price spread now: Vest against GRVT−0.059%63s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · Vest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Vest is 0.059% cheaper against GRVT than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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	GRVT USAR_USDT_Perp	17.060	0.0572	pay 0.0572% / 8h	7h 54m	$1K	$235K	10x
Short	Vest USAR-USD-PERP	17.050	0.0046	get 0.0006% / 1h	54m 33s	—	$49	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.059%Rate

Funding earned: −$110.53
Price spread: −0.059% → 0.000%: −$5.86
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: −$127.39
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 18 min ago; Vest: no order-book sample. Net counts fees only.

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, 18 min ago	8.80 bp	36.7 bp −$37	86.4 bp −$864	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	17.050	−0.058%	$27K	$29K	20x	as long as short
Bybit USARUSDT	0.0000%	8h	17.050	−0.059%	$428K	$270K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	17.060	0.000%	$994K	$1.1M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	17.050	−0.059%	$525K	$415K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	17.060	0.000%	$368K	$3.8M	20x	as long as short
Variational Omni USAR	0.0000%	8h	17.063	+0.016%	$58K	$6K	—	as long as short
SunX USAR-USDT	0.0000%	8h	17.050	−0.059%	$2K	$7.3M	10x	as long as short
HTX USAR-USDT	0.0000%	8h	17.090	+0.176%	$8K	$7K	20x	as long as short
Binance USARUSDT	+0.0036%	8h	17.063	+0.018%	$2.5M	$5.3M	20x	as long as short
Extended USAR-USD	+0.0040%	1h	17.057	−0.019%	$4K	$177K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus USAR-USD	+0.0040%	1h	17.050	−0.059%	$147K	$62K	10x	as long as short
Vest USAR-USD-PERPshort	+0.0046%	1h	17.050	−0.059%	—	$49	10x
KuCoin USARUSDTM	+0.0100%	8h	17.060	0.000%	$289K	$121K	20x	as long as short
Lighter RH USAR	+0.0216%	1h	17.058	−0.012%	$273K	$616K	10x	as long as short
GRVT USAR_USDT_Perplong	+0.0572%	8h	17.060	long leg	$1K	$235K	10x
tradeXYZ xyz:USAR	+0.0698%	1h	17.043	−0.100%	$2.5M	$946K	10x	as long as short