Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against HTX−0.298%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 Lighter RH

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

Funding pays, the price is against you. Lighter RH is 0.298% cheaper against HTX than usual: you would sell low and buy high (spread −0.298% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about 31 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	16.770	0	get 0.0000% / 8h	2h 31m	$8K	$8K	20x
Short	Lighter RH USAR	16.720	0.0032	get 0.0004% / 1h	31m 05s	$265K	$552K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.298%Rate

Funding earned: $6.72
Price spread: −0.298% → 0.000%: −$29.82
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$35.1
Costs to cover: 0.120%
Break-even: 43.6 days

Slippage unknown: HTX: no order-book sample; Lighter RH: live order book, 16 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 Lighter RH live order book, 16 min ago	10.97 bp	11.4 bp −$11	23.3 bp −$233	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	16.795	+0.148%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.738	−0.194%	$2K	$249K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.747	−0.136%	$2.4M	$5.4M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.730	−0.239%	$418K	$286K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.760	−0.060%	$897K	$1.9M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.750	−0.119%	$489K	$453K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.750	−0.119%	$331K	$3.8M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.772	+0.014%	$59K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.760	−0.060%	$919	$225K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.740	−0.179%	$1K	$6.7M	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	16.770	long leg	$8K	$8K	20x
Lighter RH USARshort	+0.0032%	1h	16.720	−0.298%	$265K	$552K	10x
Arcus USAR-USD	+0.0040%	1h	16.740	−0.179%	$144K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.730	−0.239%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.735	−0.209%	$2.5M	$1.1M	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.730	−0.239%	$279K	$183K	20x	as long as short