Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against OKX−0.120%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$696as in the Funding arb table
Net, price: spread back to 7d avg − costs−$713as in the Price arb table
costs, in and out, $10k−$7107.097% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 4 days (all we have)+0.381%+$38 · spread now −0.120%, 7d avg −0.083%
=Funding pays, the price is against you. KuCoin is 0.037% cheaper against OKX than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of −0.083%). If the spread goes back, that is −$4 on $10k: about 30 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX USAR-USDT-SWAP | 16.670 | 0 | get 0.0000% / 8h | 7h 37m | $875K | $1.9M | 20x |
| Short | KuCoin USARUSDTM | 16.650 | 0.0100 | get 0.0100% / 8h | 7h 37m | $274K | $204K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $21
- Price spread: −0.120% → −0.083%
- −$3.74
- Slippage, 4 orders
- −$687.68
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$692.42
- Costs to cover
- 7.097%
- Break-even
- 237.8 days
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 54 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 OKX live order book, 4 min ago | 3.00 bp | 26.1 bp −$26 | 794.6 bp −$7,946 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 54 min ago | 2.98 bp | 319.7 bp −$320 | 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 | 16.660 | −0.060% | $27K | $29K | 20x | as long as short |
| Extended USAR-USD | 0.0000% | 1h | 16.649 | −0.128% | $7 | $203K | 10x | as long as short |
| Binance USARUSDT | 0.0000% | 8h | 16.652 | −0.110% | $2.4M | $5.4M | 20x | as long as short |
| Bybit USARUSDT | 0.0000% | 8h | 16.650 | −0.120% | $409K | $291K | 25x | as long as short |
| OKX USAR-USDT-SWAPlong | 0.0000% | 8h | 16.670 | long leg | $875K | $1.9M | 20x | |
| Gate USAR_USDT | 0.0000% | 8h | 16.640 | −0.180% | $492K | $445K | 20x | as long as short |
| Bitget USARUSDT | 0.0000% | 8h | 16.660 | −0.060% | $348K | $3.7M | 20x | as long as short |
| Variational Omni USAR | 0.0000% | 8h | 16.652 | −0.106% | $58K | $9K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.675 | +0.029% | $1K | $231K | 10x | as long as short |
| SunX USAR-USDT | 0.0000% | 8h | 16.650 | −0.120% | $1K | $6.4M | 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 | 16.680 | +0.060% | $7K | $8K | 20x | as long as short |
| Lighter RH USAR | +0.0032% | 1h | 16.644 | −0.156% | $264K | $412K | 10x | as long as short |
| Arcus USAR-USD | +0.0040% | 1h | 16.650 | −0.120% | $143K | $60K | 10x | as long as short |
| Vest USAR-USD-PERP | +0.0046% | 1h | 16.660 | −0.060% | — | $49 | 10x | as long as short |
| tradeXYZ xyz:USAR | +0.0050% | 1h | 16.655 | −0.090% | $2.5M | $1.1M | 10x | as long as short |
| KuCoin USARUSDTMshort | +0.0100% | 8h | 16.650 | −0.120% | $274K | $204K | 20x |
OKX USAR-USDT-SWAP
KuCoin USARUSDTM
Aster USARUSDT
Extended USAR-USD
Binance USARUSDT
Bybit USARUSDT
Gate USAR_USDT
Bitget USARUSDT
Variational Omni USAR
GRVT USAR_USDT_Perp
SunX USAR-USDT
HTX USAR-USDT
Lighter RH USAR
tradeXYZ xyz:USAR