Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.029%
Price spread now: SunX against Lighter RH−0.006%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$310as in the Funding arb table
Net, price: spread back to 7d avg − costs−$306as in the Price arb table
costs, in and out, $10k−$3013.015% of the position
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 3 days (all we have)+0.120%+$12 · spread now −0.006%, 7d avg +0.036%
=Together, before fees+0.033%+ Points / potential airdropLighter RH: Points live · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.042% cheaper against Lighter RH than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH USAR | 16.881 | 0.0032 | pay 0.0004% / 1h | 49m 04s | $272K | $692K | 10x |
| Short | SunX USAR-USDT | 16.880 | 0 | get 0.0000% / 8h | 1h 49m | $1K | $7.4M | 10x |
Lighter RH USAR
SunX USAR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$6.72
- Price spread: −0.006% → +0.036%
- −$4.2
- Slippage, 4 orders
- −$293.49
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$312.41
- Costs to cover
- 3.015%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 33 min ago; SunX: live order book, 10 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, 33 min ago | 5.34 bp | 10.3 bp −$10 | 29.9 bp −$299 | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 50.31 bp | 144.5 bp −$144 | doesn't fit | 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 | 16.877 | −0.024% | $27K | $29K | 20x | as long as short |
| Bybit USARUSDT | 0.0000% | 8h | 16.870 | −0.065% | $432K | $271K | 25x | as long as short |
| OKX USAR-USDT-SWAP | 0.0000% | 8h | 16.890 | +0.053% | $974K | $1.1M | 20x | as long as short |
| Gate USAR_USDT | 0.0000% | 8h | 16.860 | −0.124% | $519K | $431K | 20x | as long as short |
| Bitget USARUSDT | 0.0000% | 8h | 16.890 | +0.053% | $358K | $3.8M | 20x | as long as short |
| Variational Omni USAR | 0.0000% | 8h | 16.879 | −0.014% | $58K | $6K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.898 | +0.099% | $1K | $246K | 10x | as long as short |
| SunX USAR-USDTshort | 0.0000% | 8h | 16.880 | −0.006% | $1K | $7.4M | 10x | |
| Lighter RH USARlong | +0.0032% | 1h | 16.881 | long leg | $272K | $692K | 10x | |
| Vest USAR-USD-PERP | +0.0046% | 1h | 16.870 | −0.065% | — | $49 | 10x | as long as short |
Aster USARUSDT
Bybit USARUSDT
OKX USAR-USDT-SWAP
Gate USAR_USDT
Bitget USARUSDT
Variational Omni USAR
GRVT USAR_USDT_Perp
Vest USAR-USD-PERPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX USAR-USDT | +0.0051% | 8h | 16.900 | +0.113% | $8K | $8K | 20x | as long as short |
| Binance USARUSDT | +0.0063% | 8h | 16.880 | −0.006% | $2.5M | $5.2M | 20x | as long as short |
| Extended USAR-USD | +0.0064% | 1h | 16.877 | −0.021% | $4K | $181K | 10x | as long as short |
| KuCoin USARUSDTM | +0.0100% | 8h | 16.870 | −0.065% | $289K | $103K | 20x | as long as short |
| tradeXYZ xyz:USAR | +0.0134% | 1h | 16.873 | −0.047% | $2.6M | $909K | 10x | as long as short |
| Arcus USAR-USD | +0.0753% | 1h | 16.880 | −0.006% | $146K | $62K | 10x | as long as short |
HTX USAR-USDT
Binance USARUSDT
Extended USAR-USD
KuCoin USARUSDTM
tradeXYZ xyz:USAR
Arcus USAR-USD