Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.065%

Price spread now: Arcus against Variational Omni−0.069%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Arcus is 0.069% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 5.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni USAR	16.942	0	get 0.0000% / 8h	5h 39m	$60K	$8K	—
Short	Arcus USAR-USD	16.930	0.0040	get 0.0005% / 1h	39m 15s	$146K	$62K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Variational Omni. 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 Variational OmnibpFee ArcusbpOrdersPrice spread, now −0.069%Rate

Funding earned: $8.46
Price spread: −0.069% → 0.000%: −$6.9
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$2.95
Costs to cover: 0.045%
Break-even: 9.4 days

Slippage unknown: Variational Omni: no order-book sample; Arcus: live order book, 24 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Arcus live order book, 24 min ago	5.90 bp	13.8 bp −$14	18.7 bp −$187	doesn't fit	doesn't fit

Variational Omni: 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	16.950	+0.048%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.945	+0.022%	$788	$157K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.950	+0.049%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.940	−0.010%	$423K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.940	−0.010%	$1.0M	$1.3M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.950	+0.049%	$500K	$435K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.960	+0.108%	$346K	$3.7M	20x	as long as short
Variational Omni USARlong	0.0000%	8h	16.942	long leg	$60K	$8K	—
GRVT USAR_USDT_Perp	0.0000%	8h	16.946	+0.024%	$2K	$218K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.950	+0.049%	$1K	$6.9M	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-USDT	0.0000%	8h	16.980	+0.226%	$7K	$9K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.941	−0.004%	$271K	$580K	10x	as long as short
tradeXYZ xyz:USAR	+0.0038%	1h	16.938	−0.022%	$2.5M	$949K	10x	as long as short
Arcus USAR-USDshort	+0.0040%	1h	16.930	−0.069%	$146K	$62K	10x
Vest USAR-USD-PERP	+0.0046%	1h	16.930	−0.069%	—	$49	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.940	−0.010%	$284K	$134K	20x	as long as short