Funding you earn now, next payment 23:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h −0.005%
Price spread now: Binance against Lighter RH−0.006%7-day average +0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$620.624% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.065%+$6 · spread now −0.006%, 7d avg +0.085%
=Together, before fees+0.064%+ Points / potential airdropLighter RH: Points live · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.091% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.085%). If the spread goes back, that is −$9 on $10k: about 6.3 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH USAR | 16.961 | 0.0032 | pay 0.0004% / 1h | 16m 00s | $274K | $692K | 10x |
| Short | Binance USARUSDT | 16.960 | 0.0080 | get 0.0080% / 8h | 1h 16m | $2.5M | $5.2M | 20x |
Lighter RH USAR
Binance USARUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.11
- Price spread: −0.006% → +0.085%
- −$9.07
- Slippage, 4 orders
- −$52.44
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$61.4
- Costs to cover
- 0.624%
- Break-even
- 49.5 days
Slippage from Lighter RH: live order book, 1 min ago; Binance: live order book, 7 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, 1 min ago | 12.09 bp | 13.0 bp −$13 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.96 bp | 16.7 bp −$17 | 56.7 bp −$567 | 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 | 16.937 | −0.144% | $27K | $29K | 20x | as long as short |
| Bybit USARUSDT | 0.0000% | 8h | 16.950 | −0.065% | $432K | $272K | 25x | as long as short |
| OKX USAR-USDT-SWAP | 0.0000% | 8h | 16.960 | −0.006% | $971K | $1.1M | 20x | as long as short |
| Gate USAR_USDT | 0.0000% | 8h | 16.950 | −0.065% | $522K | $433K | 20x | as long as short |
| Bitget USARUSDT | 0.0000% | 8h | 16.970 | +0.053% | $360K | $3.8M | 20x | as long as short |
| Variational Omni USAR | 0.0000% | 8h | 16.933 | −0.166% | $58K | $6K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.936 | −0.150% | $1K | $240K | 10x | as long as short |
| SunX USAR-USDT | 0.0000% | 8h | 16.960 | −0.006% | $851 | $7.3M | 10x | as long as short |
| HTX USAR-USDT | +0.0021% | 8h | 16.990 | +0.171% | $8K | $8K | 20x | as long as short |
| Lighter RH USARlong | +0.0032% | 1h | 16.961 | long leg | $274K | $692K | 10x |
Aster USARUSDT
Bybit USARUSDT
OKX USAR-USDT-SWAP
Gate USAR_USDT
Bitget USARUSDT
Variational Omni USAR
GRVT USAR_USDT_Perp
SunX USAR-USDT
HTX USAR-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest USAR-USD-PERP | +0.0046% | 1h | 16.970 | +0.053% | — | $49 | 10x | as long as short |
| tradeXYZ xyz:USAR | +0.0050% | 1h | 16.955 | −0.035% | $2.5M | $942K | 10x | as long as short |
| Extended USAR-USD | +0.0080% | 1h | 16.957 | −0.026% | $4K | $181K | 10x | as long as short |
| Binance USARUSDTshort | +0.0080% | 8h | 16.960 | −0.006% | $2.5M | $5.2M | 20x | |
| KuCoin USARUSDTM | +0.0100% | 8h | 16.940 | −0.124% | $288K | $107K | 20x | as long as short |
| Arcus USAR-USD | +0.0753% | 1h | 16.960 | −0.006% | $146K | $62K | 10x | as long as short |
Vest USAR-USD-PERP
tradeXYZ xyz:USAR
Extended USAR-USD
KuCoin USARUSDTM
Arcus USAR-USD