Settings8H · net · $10k
Funding arb · Price arb /

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0003%/8h= −0.3% APRnext payment $0.00 per $10,000 · paid last 24h −0.022%
Price spread now: Lighter RH against tradeXYZ+0.030%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$520.524% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.189%−$19 on $10k
Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.030%, 7d avg 0.000%
Together, before fees−0.292%+ Points / potential airdroptradeXYZ: Active · Lighter RH: Points live · farm board−$29 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: Lighter RH is 0.029% dearer against tradeXYZ than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:USAR16.9420.0035pay 0.0004% / 1h56m 43s$2.5M$909K10x
ShortLighter RH USAR16.9470.0032get 0.0004% / 1h56m 43s$281K$283K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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

Funding earned
−$0.67
Price spread: +0.030% → 0.000%
$2.94
Slippage, 4 orders
−$34.44
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$50.17
Costs to cover
0.524%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Lighter RH: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 4 min ago2.06 bp14.3 bp −$1445.7 bp −$457doesn't fitdoesn't fit
Sell Lighter RH live order book, 49 min ago7.67 bp12.2 bp −$1226.9 bp −$269doesn't fitdoesn't fit

USAR on 16 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster USARUSDT0.0000%8h16.970+0.167%$27K$29K20xas long as short
Bybit USARUSDT0.0000%8h16.950+0.047%$388K$288K25xas long as short
OKX USAR-USDT-SWAP0.0000%8h16.950+0.047%$985K$2.0M20xas long as short
Gate USAR_USDT0.0000%8h16.940−0.012%$501K$411K20xas long as short
Bitget USARUSDT0.0000%8h16.950+0.047%$382K$3.3M20xas long as short
Variational Omni USAR0.0000%8h16.990+0.286%$57K$10Kas long as short
SunX USAR-USDT0.0000%8h16.960+0.106%$1K$5.0M10xas long as short
HTX USAR-USDT0.0000%8h17.000+0.342%$7K$8K20xas long as short
Lighter RH USARshort+0.0032%1h16.947+0.030%$281K$283K10x
tradeXYZ xyz:USARlong+0.0035%1h16.942long leg$2.5M$909K10x
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest USAR-USD-PERP+0.0046%1h16.970+0.165%$4910xas long as short
KuCoin USARUSDTM+0.0100%8h16.930−0.071%$273K$275K20xas long as short
Arcus USAR-USD+0.0158%1h16.940−0.012%$146K$34K10xas long as short
Binance USARUSDT+0.0230%8h16.950+0.047%$2.5M$5.2M20xas long as short
Extended USAR-USD+0.0232%1h16.944+0.012%$5K$195K10xas long as short
GRVT USAR_USDT_Perp+0.0551%8h17.000+0.342%$1K$238K10xas long as short