Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.065%

Price spread now: Arcus against HTX−0.470%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Arcus is 0.470% cheaper against HTX than usual: you would sell low and buy high (spread −0.470% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$47 on $10k: about 39 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	HTX USAR-USDT	17.030	0	get 0.0000% / 8h	4h 24m	$7K	$8K	20x
Short	Arcus USAR-USD	16.950	0.0040	get 0.0005% / 1h	24m 51s	$146K	$62K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against HTX. 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 HTXbpFee ArcusbpOrdersPrice spread, now −0.470%Rate

Funding earned: $8.46
Price spread: −0.470% → 0.000%: −$46.98
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$55.02
Costs to cover: 0.165%
Break-even: 52.5 days

Slippage unknown: HTX: no order-book sample; Arcus: live order book, 33 min ago. 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 HTX no order-book sample	—	—	—	—	—
Sell Arcus live order book, 33 min ago	5.90 bp	8.2 bp −$8	14.4 bp −$144	doesn't fit	doesn't fit

HTX: 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	16.951	−0.461%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.965	−0.379%	$3K	$160K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.970	−0.352%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.960	−0.411%	$423K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.980	−0.294%	$984K	$1.3M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.970	−0.352%	$500K	$436K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.980	−0.294%	$347K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.972	−0.341%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.971	−0.346%	$1K	$221K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.970	−0.352%	$1K	$6.8M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX USAR-USDTlong	0.0000%	8h	17.030	long leg	$7K	$8K	20x
Lighter RH USAR	+0.0032%	1h	16.965	−0.382%	$272K	$575K	10x	as long as short
Arcus USAR-USDshort	+0.0040%	1h	16.950	−0.470%	$146K	$62K	10x
Vest USAR-USD-PERP	+0.0046%	1h	16.970	−0.352%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.961	−0.405%	$2.5M	$951K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.960	−0.411%	$285K	$148K	20x	as long as short