USAR

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 −0.066%

Price spread now: Bybit against KuCoin−0.059%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$748as in the Funding arb table

Net, price: spread back to 7d avg − costs−$731as in the Price arb table

costs, in and out, $10k−$7267.263% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.059%, 7d avg −0.007%

Together, before fees−0.309%−$31 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 Bybit is 0.051% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.007%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin USARUSDTM	17.060	0.0100	pay 0.0100% / 8h	7h 54m	$289K	$121K	20x
Short	Bybit USARUSDT	17.050	0	get 0.0000% / 8h	7h 54m	$428K	$270K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now −0.059%Rate

Funding earned: −$21
Price spread: −0.059% → −0.007%: −$5.14
Slippage, 4 orders: −$703.29
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$752.43
Costs to cover: 7.263%
Break-even: never at this rate

Slippage from KuCoin: live order book, 67 min ago; Bybit: live order book, 11 min ago.

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 KuCoin live order book, 67 min ago	2.94 bp	228.1 bp −$228	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 11 min ago	5.87 bp	85.6 bp −$86	212.5 bp −$2,125	doesn't fit	doesn't fit

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	17.050	−0.056%	$27K	$29K	20x	as long as short
Bybit USARUSDTshort	0.0000%	8h	17.050	−0.059%	$428K	$270K	25x
OKX USAR-USDT-SWAP	0.0000%	8h	17.060	0.000%	$994K	$1.1M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	17.040	−0.117%	$525K	$415K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	17.050	−0.059%	$368K	$3.8M	20x	as long as short
Variational Omni USAR	0.0000%	8h	17.063	+0.016%	$58K	$6K	—	as long as short
SunX USAR-USDT	0.0000%	8h	17.050	−0.059%	$2K	$7.3M	10x	as long as short
HTX USAR-USDT	0.0000%	8h	17.090	+0.176%	$8K	$7K	20x	as long as short
Extended USAR-USD	+0.0032%	1h	17.047	−0.076%	$4K	$177K	10x	as long as short
Binance USARUSDT	+0.0036%	8h	17.050	−0.056%	$2.5M	$5.3M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus USAR-USD	+0.0040%	1h	17.050	−0.059%	$147K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	17.050	−0.059%	—	$49	10x	as long as short
KuCoin USARUSDTMlong	+0.0100%	8h	17.060	long leg	$289K	$121K	20x
Lighter RH USAR	+0.0120%	1h	17.050	−0.059%	$273K	$616K	10x	as long as short
GRVT USAR_USDT_Perp	+0.0572%	8h	17.060	0.000%	$1K	$235K	10x	as long as short
tradeXYZ xyz:USAR	+0.0660%	1h	17.043	−0.100%	$2.5M	$946K	10x	as long as short