Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.034%

Price spread now: tradeXYZ against HTX−0.176%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 tradeXYZ

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 airdroptradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.176% cheaper against HTX than usual: you would sell low and buy high (spread −0.176% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 12 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX USAR-USDT	17.080	0	get 0.0000% / 8h	15m 13s	$8K	$7K	20x
Short	tradeXYZ xyz:USAR	17.050	0.0050	get 0.0006% / 1h	15m 13s	$2.5M	$957K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.176%Rate

Funding earned: $10.5
Price spread: −0.176% → 0.000%: −$17.56
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$37.06
Costs to cover: 0.300%
Break-even: 31.7 days

Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 3 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 tradeXYZ live order book, 3 min ago	2.05 bp	14.4 bp −$14	doesn't fit	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	17.041	−0.231%	$27K	$29K	20x	as long as short
Bybit USARUSDT	0.0000%	8h	17.050	−0.176%	$428K	$277K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	17.060	−0.117%	$1.0M	$1.1M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	17.050	−0.176%	$525K	$434K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	17.050	−0.176%	$367K	$3.9M	20x	as long as short
Variational Omni USAR	0.0000%	8h	17.043	−0.219%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	17.031	−0.286%	$1K	$237K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	17.050	−0.176%	$1K	$7.3M	10x	as long as short
HTX USAR-USDTlong	0.0000%	8h	17.080	long leg	$8K	$7K	20x
Lighter RH USAR	+0.0032%	1h	17.058	−0.129%	$273K	$686K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest USAR-USD-PERP	+0.0046%	1h	17.070	−0.059%	—	$49	10x	as long as short
Extended USAR-USD	+0.0048%	1h	17.054	−0.150%	$4K	$181K	10x	as long as short
tradeXYZ xyz:USARshort	+0.0050%	1h	17.050	−0.176%	$2.5M	$957K	10x
Binance USARUSDT	+0.0051%	8h	17.057	−0.134%	$2.4M	$5.3M	20x	as long as short
Arcus USAR-USD	+0.0100%	1h	17.050	−0.176%	$147K	$62K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	17.050	−0.176%	$289K	$118K	20x	as long as short