Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Variational Omni−0.012%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 Bybit

What this pair did over the last

the charts below follow

Funding, last 4 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni USAR	16.932	0	get 0.0000% / 8h	3h 59m	$60K	$8K	—
Short	Bybit USARUSDT	16.930	0	get 0.0000% / 8h	3h 59m	$422K	$272K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.012%Rate

Funding earned: $0
Price spread: −0.012% → 0.000%: −$1.2
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$12.2
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 50 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 Bybit live order book, 50 min ago	2.96 bp	23.7 bp −$24	189.1 bp −$1,891	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
tradeXYZ xyz:USAR	−0.0235%	1h	16.935	+0.018%	$2.5M	$932K	10x	as long as short
Aster USARUSDT	0.0000%	8h	16.929	−0.016%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.929	−0.015%	$594	$157K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.935	+0.018%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDTshort	0.0000%	8h	16.930	−0.012%	$422K	$272K	25x
OKX USAR-USDT-SWAP	0.0000%	8h	16.950	+0.106%	$982K	$1.3M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.950	+0.106%	$500K	$438K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.960	+0.165%	$344K	$3.7M	20x	as long as short
Variational Omni USARlong	0.0000%	8h	16.932	long leg	$60K	$8K	—
GRVT USAR_USDT_Perp	0.0000%	8h	16.943	+0.065%	$1K	$223K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX USAR-USDT	0.0000%	8h	16.930	−0.012%	$1K	$6.8M	10x	as long as short
HTX USAR-USDT	0.0000%	8h	16.960	+0.165%	$7K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.927	−0.030%	$271K	$575K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.920	−0.071%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.950	+0.106%	—	$49	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.940	+0.047%	$285K	$151K	20x	as long as short