USAR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.056%

Price spread now: Arcus against Lighter RH−0.059%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$450.450% of the position

Long on Lighter RH Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.051%+$5 on $10k

Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.059%, 7d avg −0.030%

Together, before fees+0.201%+ Points / potential airdropLighter RH: Points live · farm board+$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.029% cheaper against Lighter RH than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH USAR	16.960	0.0032	pay 0.0004% / 1h	19m 10s	$272K	$575K	10x
Short	Arcus USAR-USD	16.950	0.0040	get 0.0005% / 1h	19m 10s	$146K	$62K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Lighter RH. 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 Lighter RHbpFee ArcusbpOrdersPrice spread, now −0.059%Rate

Funding earned: $1.74
Price spread: −0.059% → −0.030%: −$2.93
Slippage, 4 orders: −$40.46
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$46.15
Costs to cover: 0.450%
Break-even: 192.8 days

Slippage from Lighter RH: live order book, 38 min ago; Arcus: live order book, 39 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 Lighter RH live order book, 38 min ago	10.32 bp	10.7 bp −$11	18.6 bp −$186	doesn't fit	doesn't fit
Sell Arcus live order book, 39 min ago	5.90 bp	8.2 bp −$8	14.4 bp −$144	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	16.950	−0.062%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.966	+0.032%	$3K	$160K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.970	+0.059%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.960	0.000%	$423K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.990	+0.177%	$984K	$1.3M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.970	+0.059%	$500K	$437K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.970	+0.059%	$346K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.972	+0.070%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.978	+0.104%	$1K	$221K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.970	+0.059%	$2K	$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	16.990	+0.177%	$7K	$8K	20x	as long as short
Lighter RH USARlong	+0.0032%	1h	16.960	long leg	$272K	$575K	10x
Arcus USAR-USDshort	+0.0040%	1h	16.950	−0.059%	$146K	$62K	10x
Vest USAR-USD-PERP	+0.0046%	1h	16.970	+0.059%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.937	−0.136%	$2.5M	$951K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.960	0.000%	$285K	$149K	20x	as long as short