Settings8H · net · $10k
Funding arb · Price arb /

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter RH+0.041%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$618as in the Funding arb table
Net, price: spread back to 7d avg − costs−$632as in the Price arb table
costs, in and out, $10k−$6336.330% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 4 days (all we have)+0.181%+$18 · spread now +0.041%, 7d avg +0.028%
Together, before fees+0.331%+ Points / potential airdropLighter RH: Points live · farm board+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH USAR16.9730.0032pay 0.0004% / 1h46m 49s$281K$316K10x
ShortKuCoin USARUSDTM16.9800.0100get 0.0100% / 8h5h 46m$278K$265K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$14.28
Price spread: +0.041% → +0.028%
$1.32
Slippage, 4 orders
−$620.98
Fee Lighter RH: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$617.38
Costs to cover
6.330%
Break-even
309.6 days
Slippage from Lighter RH: live order book, 63 min ago; KuCoin: live order book, 56 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 63 min ago11.89 bp11.9 bp −$1219.5 bp −$195doesn't fitdoesn't fit
Sell KuCoin live order book, 56 min ago5.95 bp280.7 bp −$281doesn't fitdoesn't fitdoesn't fit

USAR on 16 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster USARUSDT0.0000%8h16.980+0.041%$27K$29K20xas long as short
Bybit USARUSDT0.0000%8h16.980+0.041%$388K$295K25xas long as short
OKX USAR-USDT-SWAP0.0000%8h17.040+0.395%$991K$2.0M20xas long as short
Gate USAR_USDT0.0000%8h16.990+0.100%$502K$425K20xas long as short
Bitget USARUSDT0.0000%8h16.990+0.100%$379K$3.4M20xas long as short
Variational Omni USAR0.0000%8h17.001+0.163%$57K$10Kas long as short
SunX USAR-USDT0.0000%8h16.990+0.100%$1K$5.4M10xas long as short
HTX USAR-USDT0.0000%8h17.040+0.395%$8K$8K20xas long as short
Lighter RH USARlong+0.0032%1h16.973long leg$281K$316K10x
Extended USAR-USD+0.0032%1h16.984+0.067%$237$196K10xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance USARUSDT+0.0035%8h16.990+0.100%$2.5M$5.3M20xas long as short
Vest USAR-USD-PERP+0.0046%1h16.990+0.100%$4910xas long as short
tradeXYZ xyz:USAR+0.0050%1h16.962−0.065%$2.5M$930K10xas long as short
KuCoin USARUSDTMshort+0.0100%8h16.980+0.041%$278K$265K20x
GRVT USAR_USDT_Perp+0.0384%8h17.008+0.209%$947$230K10xas long as short
Arcus USAR-USD+0.0454%1h16.970−0.018%$146K$35K10xas long as short