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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX USAR-USDT-SWAP | 17.010 | 0 | get 0.0000% / 8h | 1h 04m | $973K | $1.1M | 20x |
| Short | Lighter RH USAR | 17.009 | 0.0032 | get 0.0004% / 1h | 4m 34s | $274K | $692K | 10x |
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 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% → −0.113%
- $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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 2 min ago | 5.89 bp | 51.3 bp −$51 | 2640.9 bp −$26.4K | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 13 min ago | 12.09 bp | 12.7 bp −$13 | 27.6 bp −$276 | 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 | 16.960 | −0.294% | $27K | $29K | 20x | as long as short |
| Bybit USARUSDT | 0.0000% | 8h | 16.990 | −0.118% | $432K | $273K | 25x | as long as short |
| OKX USAR-USDT-SWAPlong | 0.0000% | 8h | 17.010 | long leg | $973K | $1.1M | 20x | |
| Gate USAR_USDT | 0.0000% | 8h | 16.990 | −0.118% | $523K | $434K | 20x | as long as short |
| Bitget USARUSDT | 0.0000% | 8h | 17.000 | −0.059% | $365K | $3.8M | 20x | as long as short |
| Variational Omni USAR | 0.0000% | 8h | 16.963 | −0.278% | $58K | $6K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.959 | −0.301% | $1K | $238K | 10x | as long as short |
| SunX USAR-USDT | 0.0000% | 8h | 17.000 | −0.059% | $1K | $7.3M | 10x | as long as short |
| HTX USAR-USDT | +0.0017% | 8h | 16.980 | −0.176% | $8K | $8K | 20x | as long as short |
| Lighter RH USARshort | +0.0032% | 1h | 17.009 | −0.006% | $274K | $692K | 10x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest USAR-USD-PERP | +0.0046% | 1h | 17.000 | −0.059% | — | $49 | 10x | as long as short |
| tradeXYZ xyz:USAR | +0.0050% | 1h | 17.000 | −0.059% | $2.5M | $941K | 10x | as long as short |
| Extended USAR-USD | +0.0080% | 1h | 16.995 | −0.089% | $4K | $181K | 10x | as long as short |
| Binance USARUSDT | +0.0081% | 8h | 16.997 | −0.077% | $2.5M | $5.3M | 20x | as long as short |
| KuCoin USARUSDTM | +0.0100% | 8h | 16.990 | −0.118% | $289K | $110K | 20x | as long as short |
| Arcus USAR-USD | +0.0753% | 1h | 16.990 | −0.118% | $147K | $62K | 10x | as long as short |
OKX USAR-USDT-SWAP
Lighter RH USAR
Aster USARUSDT
Bybit USARUSDT
Gate USAR_USDT
Bitget USARUSDT
Variational Omni USAR
GRVT USAR_USDT_Perp
SunX USAR-USDT
HTX USAR-USDT
tradeXYZ xyz:USAR
Extended USAR-USD
Binance USARUSDT
KuCoin USARUSDTM