Funding you earn now, next payment 05:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.034%
Price spread now: Arcus against tradeXYZ−0.237%52s7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.527% of the position
Funding, last 4 days (all we have)+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.237%, 7d avg −0.036%
=Together, before fees+0.279%+ Points / potential airdroptradeXYZ: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Arcus is 0.201% cheaper against tradeXYZ than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.036%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.069%, so the current rate has only just turned against you. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:USAR | 16.880 | 0.0050 | pay 0.0006% / 1h | 15m 47s | $2.5M | $1.0M | 10x |
| Short | Arcus USAR-USD | 16.840 | 0.0040 | get 0.0005% / 1h | 15m 47s | $145K | $62K | 10x |
tradeXYZ xyz:USAR
Arcus USAR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against tradeXYZ. 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
- −$2.04
- Price spread: −0.237% → −0.036%
- −$20.14
- Slippage, 4 orders
- −$30.18
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$74.86
- Costs to cover
- 0.527%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 1 min ago; Arcus: live order book, 37 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 tradeXYZ live order book, 1 min ago | 2.08 bp | 14.9 bp −$15 | 56.2 bp −$562 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 37 min ago | 8.86 bp | 11.1 bp −$11 | 17.5 bp −$175 | 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 | 16.859 | −0.121% | $27K | $29K | 20x | as long as short |
| Extended USAR-USD | 0.0000% | 1h | 16.886 | +0.037% | $951 | $159K | 10x | as long as short |
| Binance USARUSDT | 0.0000% | 8h | 16.889 | +0.055% | $2.4M | $5.3M | 20x | as long as short |
| Bybit USARUSDT | 0.0000% | 8h | 16.880 | 0.000% | $420K | $282K | 25x | as long as short |
| OKX USAR-USDT-SWAP | 0.0000% | 8h | 16.900 | +0.118% | $994K | $1.8M | 20x | as long as short |
| Gate USAR_USDT | 0.0000% | 8h | 16.900 | +0.118% | $495K | $453K | 20x | as long as short |
| Bitget USARUSDT | 0.0000% | 8h | 16.900 | +0.118% | $343K | $3.8M | 20x | as long as short |
| Variational Omni USAR | 0.0000% | 8h | 16.882 | +0.012% | $59K | $8K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.830 | −0.296% | $1K | $225K | 10x | as long as short |
| SunX USAR-USDT | 0.0000% | 8h | 16.870 | −0.059% | $1K | $6.7M | 10x | as long as short |
Aster USARUSDT
Extended USAR-USD
Binance USARUSDT
Bybit USARUSDT
OKX USAR-USDT-SWAP
Gate USAR_USDT
Bitget USARUSDT
Variational Omni USAR
GRVT USAR_USDT_Perp
SunX USAR-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX USAR-USDT | 0.0000% | 8h | 16.880 | 0.000% | $8K | $8K | 20x | as long as short |
| Lighter RH USAR | +0.0032% | 1h | 16.876 | −0.024% | $267K | $565K | 10x | as long as short |
| Arcus USAR-USDshort | +0.0040% | 1h | 16.840 | −0.237% | $145K | $62K | 10x | |
| Vest USAR-USD-PERP | +0.0046% | 1h | 16.860 | −0.118% | — | $49 | 10x | as long as short |
| tradeXYZ xyz:USARlong | +0.0050% | 1h | 16.880 | long leg | $2.5M | $1.0M | 10x | |
| KuCoin USARUSDTM | +0.0100% | 8h | 16.860 | −0.118% | $280K | $171K | 20x | as long as short |
HTX USAR-USDT
Lighter RH USAR
Vest USAR-USD-PERP
KuCoin USARUSDTM