Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against OKX+0.119%7-day average −0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$365as in the Funding arb table

Net, price: spread back to 7d avg − costs−$336as in the Price arb table

costs, in and out, $10k−$3553.550% of the position

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.100%−$10 on $10k

Price spread, last 4 days (all we have)−0.205%−$20 · spread now +0.119%, 7d avg −0.075%

Together, before fees−0.305%−$30 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.194% dearer against OKX than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX USAR-USDT-SWAP	16.810	0	get 0.0000% / 8h	3h 23m	$930K	$1.6M	20x
Short	SunX USAR-USDT	16.830	0	get 0.0000% / 8h	3h 23m	$1K	$6.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee OKXbpFee SunXbpOrdersPrice spread, now +0.119%Rate

Funding earned: $0
Price spread: +0.119% → −0.075%: $19.37
Slippage, 4 orders: −$337.02
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$335.66
Costs to cover: 3.550%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; SunX: live order book, 6 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	5.93 bp	33.6 bp −$34	571.7 bp −$5,717	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	50.28 bp	144.5 bp −$145	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	16.846	+0.213%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.794	−0.094%	$951	$159K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.796	−0.080%	$2.4M	$5.3M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.790	−0.119%	$420K	$281K	25x	as long as short
OKX USAR-USDT-SWAPlong	0.0000%	8h	16.810	long leg	$930K	$1.6M	20x
Gate USAR_USDT	0.0000%	8h	16.820	+0.059%	$493K	$449K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.830	+0.119%	$334K	$3.8M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.852	+0.249%	$59K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.860	+0.297%	$1K	$224K	10x	as long as short
SunX USAR-USDTshort	0.0000%	8h	16.830	+0.119%	$1K	$6.7M	10x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX USAR-USDT	0.0000%	8h	16.900	+0.535%	$8K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.789	−0.125%	$266K	$565K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.840	+0.178%	$145K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.800	−0.059%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0055%	1h	16.777	−0.196%	$2.5M	$1.0M	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.810	0.000%	$282K	$166K	20x	as long as short