Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

USAR

RWAAll USAR markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
tradeXYZxyz:USAR
14.402+0.0290pay 0.0036% / 1h26m 27s$4.3M$937K10xLong tradeXYZ
SHORT
BingXNCSKUSAR2USD-USDT
14.420+0.0379get 0.0379% / 8h6h 26m$911K$1.6M—Short BingX
Price gap+0.125%
Funding gap+0.0089% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.047% above its 7d average: +$5 more if it goes back.

Funding on this pair cost 0.188% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$19+0.0089% /8h now · paid −0.188% over the last 7D
Price+$5spread +0.125% now, avg +0.078% → +0.047% if it goes back
Costs−$390.390% of $10k · taker + slippage, in and out
Result−$53−0.53%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.125%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

USAR on 17 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size7.3 / 16.7 bp
    At $10k entering BingX costs 16.7 bp, fee and slippage, 2.3× tradeXYZ’s.
  • Note: Margin at max leverage$1,000 + —
    tradeXYZ 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$2.68Long tradeXYZ: 24 payments, −$8.70; short BingX: 3 payments, +$11.38.
  • OK: Entry gap works for you+0.125% vs +0.078%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$911K vs $4.3M OI
    BingX sets your exit cost. Check its book before closing.
  • OK: Points on a legtradeXYZ points
    Volume here counts toward the points program.
  • Watch: KYCtradeXYZ No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0090%/8h × 21 periods−$18.82
Price spread+0.125% → +0.078% (7d avg)+$4.70
Slippage, 4 orderslive order books−$27.24
Fee tradeXYZ bp × 2 orders−$1.80
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$53.16
Costs to cover0.390%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 11 min ago; BingX: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGtradeXYZ0.697.3 bp−$725.9 bp−$259169.2 bp−$16.9Kdoesn’t fit
SELL · SHORTBingX3.4616.7 bp−$1740.5 bp−$405110.6 bp−$11.1K651.8 bp−$325.9K

Closing costs about the same again.

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