USAR

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.017%

Price spread now: Extended against Lighter RH+0.083%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$720.715% of the position

Long on Lighter RH Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.083%, 7d avg +0.035%

Together, before fees−0.032%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.049% dearer against Lighter RH than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH USAR	16.877	0.0032	pay 0.0004% / 1h	0m 52s	$272K	$792K	10x
Short	Extended USAR-USD	16.891	0.0056	get 0.0007% / 1h	0m 52s	$4K	$181K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.083%Rate

Funding earned: $5.04
Price spread: +0.083% → +0.035%: $4.86
Slippage, 4 orders: −$66.5
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$61.6
Costs to cover: 0.715%
Break-even: 92.6 days

Slippage from Lighter RH: live order book, 22 min ago; Extended: live order book, 21 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, 22 min ago	5.34 bp	10.3 bp −$10	29.9 bp −$299	doesn't fit	doesn't fit
Sell Extended live order book, 21 min ago	5.93 bp	28.3 bp −$28	218.9 bp −$2,189	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	16.887	+0.058%	$27K	$29K	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.870	−0.041%	$432K	$301K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.910	+0.196%	$971K	$1.1M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.870	−0.041%	$519K	$437K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.910	+0.196%	$358K	$4.0M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.889	+0.073%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.889	+0.069%	$1K	$247K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.880	+0.018%	$2K	$7.4M	10x	as long as short
Lighter RH USARlong	+0.0032%	1h	16.877	long leg	$272K	$792K	10x
Vest USAR-USD-PERP	+0.0046%	1h	16.890	+0.077%	—	$49	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended USAR-USDshort	+0.0056%	1h	16.891	+0.083%	$4K	$181K	10x
HTX USAR-USDT	+0.0058%	8h	16.910	+0.196%	$8K	$8K	20x	as long as short
Binance USARUSDT	+0.0060%	8h	16.894	+0.098%	$2.5M	$5.5M	20x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.870	−0.041%	$289K	$105K	20x	as long as short
tradeXYZ xyz:USAR	+0.0112%	1h	16.881	+0.024%	$2.6M	$936K	10x	as long as short
Arcus USAR-USD	+0.0457%	1h	16.870	−0.041%	$146K	$64K	10x	as long as short