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 −0.030%

Price spread now: OKX against KuCoin+0.236%7-day average +0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,801as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,772as in the Price arb table

costs, in and out, $10k−$1,78817.876% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.138%−$14 on $10k

Price spread, last 4 days (all we have)−0.366%−$37 · spread now +0.236%, 7d avg +0.081%

Together, before fees−0.504%−$50 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.155% dearer against KuCoin than usual: you sell high and buy low (spread +0.236% now, against its 7-day average of +0.081%): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin USARUSDTM	16.940	0.0100	pay 0.0100% / 8h	4h 38m	$285K	$146K	20x
Short	OKX USAR-USDT-SWAP	16.980	0	get 0.0000% / 8h	4h 38m	$983K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.236%Rate

Funding earned: −$21
Price spread: +0.236% → +0.081%: $15.5
Slippage, 4 orders: −$1,765.65
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$1,793.15
Costs to cover: 17.876%
Break-even: never at this rate

Slippage from KuCoin: live order book, 43 min ago; OKX: live order book, 3 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, 43 min ago	2.95 bp	891.9 bp −$892	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	8.84 bp	13.8 bp −$14	563.3 bp −$5,633	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	16.943	+0.019%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.951	+0.065%	$3K	$162K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.944	+0.022%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.940	0.000%	$423K	$272K	25x	as long as short
OKX USAR-USDT-SWAPshort	0.0000%	8h	16.980	+0.236%	$983K	$1.3M	20x
Gate USAR_USDT	0.0000%	8h	16.960	+0.118%	$500K	$435K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.950	+0.059%	$346K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.942	+0.011%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.944	+0.022%	$2K	$219K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.940	0.000%	$1K	$6.8M	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-USDT	0.0000%	8h	16.970	+0.177%	$7K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.941	+0.006%	$271K	$575K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.930	−0.059%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.950	+0.059%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.943	+0.018%	$2.5M	$956K	10x	as long as short
KuCoin USARUSDTMlong	+0.0100%	8h	16.940	long leg	$285K	$146K	20x