Settings8H · net · $10k
Funding arb · Price arb /

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.027%
Price spread now: Binance against KuCoin−0.025%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$511as in the Funding arb table
Net, price: spread back to 7d avg − costs−$501as in the Price arb table
costs, in and out, $10k−$4934.925% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.189%−$19 on $10k
Price spread, last 4 days (all we have)−0.212%−$21 · spread now −0.025%, 7d avg +0.056%
Together, before fees−0.401%−$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.081% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin USARUSDTM16.9000.0100pay 0.0100% / 8h3h 48m$284K$158K20x
ShortBinance USARUSDT16.8960get 0.0000% / 8h3h 48m$2.4M$5.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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

Funding earned
−$21
Price spread: −0.025% → +0.056%
−$8.15
Slippage, 4 orders
−$470.54
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$521.69
Costs to cover
4.925%
Break-even
never at this rate
Slippage from KuCoin: live order book, 23 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 23 min ago5.90 bp239.6 bp −$240doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 4 min ago2.95 bp15.7 bp −$1661.5 bp −$615doesn't fitdoesn't fit

USAR on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster USARUSDT0.0000%8h16.899−0.005%$27K$29K20xas long as short
Extended USAR-USD0.0000%1h16.900+0.001%$4K$161K10xas long as short
Binance USARUSDTshort0.0000%8h16.896−0.025%$2.4M$5.1M20x
Bybit USARUSDT0.0000%8h16.880−0.118%$421K$273K25xas long as short
OKX USAR-USDT-SWAP0.0000%8h16.930+0.178%$984K$1.3M20xas long as short
Gate USAR_USDT0.0000%8h16.910+0.059%$499K$434K20xas long as short
Bitget USARUSDT0.0000%8h16.910+0.059%$341K$3.7M20xas long as short
Variational Omni USAR0.0000%8h16.922+0.130%$60K$8Kas long as short
GRVT USAR_USDT_Perp0.0000%8h16.941+0.242%$859$223K10xas long as short
SunX USAR-USDT0.0000%8h16.910+0.059%$1K$6.7M10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX USAR-USDT0.0000%8h16.950+0.296%$7K$8K20xas long as short
Lighter RH USAR+0.0032%1h16.905+0.030%$271K$561K10xas long as short
Arcus USAR-USD+0.0040%1h16.910+0.059%$146K$62K10xas long as short
Vest USAR-USD-PERP+0.0046%1h16.920+0.118%$4910xas long as short
tradeXYZ xyz:USAR+0.0050%1h16.888−0.071%$2.5M$931K10xas long as short
KuCoin USARUSDTMlong+0.0100%8h16.900long leg$284K$158K20x