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

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.060%
Price spread now: Bitget against KuCoin+0.059%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$603as in the Funding arb table
Net, price: spread back to 7d avg − costs−$582as in the Price arb table
costs, in and out, $10k−$5805.797% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.233%−$23 on $10k
Price spread, last 4 days (all we have)−0.125%−$12 · spread now +0.059%, 7d avg +0.081%
Together, before fees−0.357%−$36 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 Bitget is 0.022% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.081%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin USARUSDTM16.9400.0100pay 0.0100% / 8h1h 19m$289K$105K20x
ShortBitget USARUSDT16.9500get 0.0000% / 8h1h 19m$360K$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.059% → +0.081%
−$2.17
Slippage, 4 orders
−$555.7
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$602.86
Costs to cover
5.797%
Break-even
never at this rate
Slippage from KuCoin: live order book, 51 min ago; Bitget: live order book, 3 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, 51 min ago26.67 bp235.3 bp −$235doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago5.91 bp29.3 bp −$2952.6 bp −$526doesn'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%8h16.927−0.078%$27K$29K20xas long as short
Bybit USARUSDT0.0000%8h16.9400.000%$432K$272K25xas long as short
OKX USAR-USDT-SWAP0.0000%8h16.9400.000%$971K$1.1M20xas long as short
Gate USAR_USDT0.0000%8h16.930−0.059%$521K$433K20xas long as short
Bitget USARUSDTshort0.0000%8h16.950+0.059%$360K$3.8M20x
Variational Omni USAR0.0000%8h16.933−0.042%$58K$6Kas long as short
GRVT USAR_USDT_Perp0.0000%8h16.9400.000%$1K$240K10xas long as short
SunX USAR-USDT0.0000%8h16.9400.000%$1K$7.3M10xas long as short
HTX USAR-USDT+0.0021%8h16.970+0.177%$8K$8K20xas long as short
Lighter RH USAR+0.0032%1h16.948+0.047%$273K$692K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest USAR-USD-PERP+0.0046%1h16.950+0.059%$4910xas long as short
tradeXYZ xyz:USAR+0.0050%1h16.950+0.059%$2.6M$911K10xas long as short
Binance USARUSDT+0.0079%8h16.9400.000%$2.5M$5.2M20xas long as short
Extended USAR-USD+0.0080%1h16.947+0.040%$4K$181K10xas long as short
KuCoin USARUSDTMlong+0.0100%8h16.940long leg$289K$105K20x
Arcus USAR-USD+0.0753%1h16.9400.000%$146K$62K10xas long as short