Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: Aster against Lighter RH+0.131%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.131% dearer against Lighter RH than usual: you sell high and buy low (spread +0.131% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH USAR	16.739	0.0032	pay 0.0004% / 1h	38m 20s	$265K	$538K	10x
Short	Aster USARUSDT	16.761	0	get 0.0000% / 8h	38m 20s	$27K	$29K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now +0.131%Rate

Funding earned: −$6.72
Price spread: +0.131% → 0.000%: $13.13
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$1.59
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Lighter RH: live order book, 64 min ago; Aster: no order-book sample. Net counts fees only.

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, 64 min ago	14.61 bp	15.4 bp −$15	22.2 bp −$222	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget USARUSDT	−0.0057%	8h	16.750	+0.066%	$345K	$3.9M	20x	as long as short
Aster USARUSDTshort	0.0000%	8h	16.761	+0.131%	$27K	$29K	20x
Extended USAR-USD	0.0000%	1h	16.746	+0.039%	$782	$182K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.750	+0.066%	$2.4M	$5.5M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.740	+0.006%	$417K	$289K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.760	+0.125%	$887K	$1.9M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.750	+0.066%	$495K	$473K	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.772	+0.196%	$59K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.763	+0.145%	$1K	$228K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.750	+0.066%	$1K	$6.6M	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	16.780	+0.245%	$8K	$8K	20x	as long as short
Lighter RH USARlong	+0.0032%	1h	16.739	long leg	$265K	$538K	10x
Arcus USAR-USD	+0.0040%	1h	16.740	+0.006%	$144K	$63K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.750	+0.066%	—	$49	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.740	+0.006%	$278K	$202K	20x	as long as short
tradeXYZ xyz:USAR	+0.0131%	1h	16.744	+0.030%	$2.5M	$1.1M	10x	as long as short