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

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.035%
Price spread now: Lighter RH against OKX−0.006%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$1011.011% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)−0.151%−$15 · spread now −0.006%, 7d avg −0.113%
Together, before fees−0.183%+ Points / potential airdropLighter RH: Points live · farm board−$18 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 Lighter RH is 0.107% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX USAR-USDT-SWAP17.0100get 0.0000% / 8h1h 04m$973K$1.1M20x
ShortLighter RH USAR17.0090.0032get 0.0004% / 1h4m 34s$274K$692K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against OKX. 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
$6.72
Price spread: −0.006% → −0.113%
$10.74
Slippage, 4 orders
−$91.1
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$83.63
Costs to cover
1.011%
Break-even
94.1 days
Slippage from OKX: live order book, 2 min ago; Lighter RH: live order book, 13 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 OKX live order book, 2 min ago5.89 bp51.3 bp −$512640.9 bp −$26.4Kdoesn't fitdoesn't fit
Sell Lighter RH live order book, 13 min ago12.09 bp12.7 bp −$1327.6 bp −$276doesn't fitdoesn't fit

USAR on 16 venues

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%8h16.960−0.294%$27K$29K20xas long as short
Bybit USARUSDT0.0000%8h16.990−0.118%$432K$273K25xas long as short
OKX USAR-USDT-SWAPlong0.0000%8h17.010long leg$973K$1.1M20x
Gate USAR_USDT0.0000%8h16.990−0.118%$523K$434K20xas long as short
Bitget USARUSDT0.0000%8h17.000−0.059%$365K$3.8M20xas long as short
Variational Omni USAR0.0000%8h16.963−0.278%$58K$6Kas long as short
GRVT USAR_USDT_Perp0.0000%8h16.959−0.301%$1K$238K10xas long as short
SunX USAR-USDT0.0000%8h17.000−0.059%$1K$7.3M10xas long as short
HTX USAR-USDT+0.0017%8h16.980−0.176%$8K$8K20xas long as short
Lighter RH USARshort+0.0032%1h17.009−0.006%$274K$692K10x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest USAR-USD-PERP+0.0046%1h17.000−0.059%$4910xas long as short
tradeXYZ xyz:USAR+0.0050%1h17.000−0.059%$2.5M$941K10xas long as short
Extended USAR-USD+0.0080%1h16.995−0.089%$4K$181K10xas long as short
Binance USARUSDT+0.0081%8h16.997−0.077%$2.5M$5.3M20xas long as short
KuCoin USARUSDTM+0.0100%8h16.990−0.118%$289K$110K20xas long as short
Arcus USAR-USD+0.0753%1h16.990−0.118%$147K$62K10xas long as short