USAR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h +0.018%

Price spread now: tradeXYZ against Lighter RH+0.195%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$610.611% of the position

Long on Lighter RH Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.198%+$20 on $10k

Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.195%, 7d avg +0.006%

Together, before fees+0.066%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.189% dearer against Lighter RH than usual: you sell high and buy low (spread +0.195% now, against its 7-day average of +0.006%): +$19 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 37 days. Mind the row above: over the last 7 days funding on this pair paid +0.198%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH USAR	16.927	0.0032	pay 0.0004% / 1h	35m 25s	$271K	$589K	10x
Short	tradeXYZ xyz:USAR	16.960	0.0015	get 0.0002% / 1h	35m 25s	$2.5M	$958K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.195%Rate

Funding earned: −$3.58
Price spread: +0.195% → +0.006%: $18.88
Slippage, 4 orders: −$43.13
Fee Lighter RH: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$45.83
Costs to cover: 0.611%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 32 min ago; tradeXYZ: live order book, 1 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, 32 min ago	13.20 bp	14.1 bp −$14	22.8 bp −$228	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 1 min ago	2.07 bp	20.2 bp −$20	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	16.983	+0.330%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.956	+0.169%	$3K	$153K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.948	+0.123%	$2.4M	$5.2M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.930	+0.018%	$423K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.980	+0.313%	$939K	$1.2M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.950	+0.136%	$501K	$436K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.950	+0.136%	$354K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.932	+0.032%	$57K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.930	+0.018%	$1K	$223K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.930	+0.018%	$1K	$7.0M	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	16.960	+0.195%	$8K	$7K	20x	as long as short
tradeXYZ xyz:USARshort	+0.0015%	1h	16.960	+0.195%	$2.5M	$958K	10x
Lighter RH USARlong	+0.0032%	1h	16.927	long leg	$271K	$589K	10x
Arcus USAR-USD	+0.0040%	1h	16.910	−0.100%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.960	+0.195%	—	$49	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.940	+0.077%	$285K	$131K	20x	as long as short