Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.032%

Price spread now: HTX against tradeXYZ+0.279%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

The price spread pays, funding is against you. HTX is 0.279% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.279% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:USAR	16.853	0.0050	pay 0.0006% / 1h	45m 44s	$2.5M	$1.0M	10x
Short	HTX USAR-USDT	16.900	0	get 0.0000% / 8h	2h 45m	$8K	$8K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against tradeXYZ. 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 tradeXYZbpFee HTXbpOrdersPrice spread, now +0.279%Rate

Funding earned: −$10.5
Price spread: +0.279% → 0.000%: $27.89
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee HTX: 6 bp × 2 orders: −$12
Net: −$12.61
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 2 min ago; HTX: no order-book sample. Net counts fees only.

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, 2 min ago	1.78 bp	16.3 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	16.864	+0.066%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.860	+0.042%	$2K	$249K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.865	+0.070%	$2.4M	$5.3M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.860	+0.042%	$419K	$283K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.870	+0.101%	$990K	$1.8M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.870	+0.101%	$493K	$449K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.880	+0.160%	$338K	$3.8M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.862	+0.054%	$59K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.872	+0.110%	$858	$225K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.860	+0.042%	$2K	$6.7M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX USAR-USDTshort	0.0000%	8h	16.900	+0.279%	$8K	$8K	20x
Lighter RH USAR	+0.0032%	1h	16.870	+0.101%	$267K	$552K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.850	−0.018%	$145K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.860	+0.042%	—	$49	10x	as long as short
tradeXYZ xyz:USARlong	+0.0050%	1h	16.853	long leg	$2.5M	$1.0M	10x
KuCoin USARUSDTM	+0.0100%	8h	16.860	+0.042%	$281K	$177K	20x	as long as short