Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0341%/8h= +37.4% APRpaid last 24h +0.024%

Price spread now: tradeXYZ against Variational Omni−0.002%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 tradeXYZ

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 · tradeXYZ: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni USAR	17.052	0	get 0.0000% / 8h	7h 50m	$58K	$6K	—
Short	tradeXYZ xyz:USAR	17.052	0.0341	get 0.0043% / 1h	50m 13s	$2.5M	$946K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.002%Rate

Funding earned: $71.69
Price spread: −0.002% → 0.000%: −$0.21
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $53.48
Costs to cover: 0.180%
Break-even: 1.8 days

Slippage unknown: Variational Omni: no order-book sample; tradeXYZ: live order book, 7 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 tradeXYZ live order book, 7 min ago	2.64 bp	13.3 bp −$13	doesn't fit	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	17.046	−0.038%	$27K	$29K	20x	as long as short
Bybit USARUSDT	0.0000%	8h	17.050	−0.014%	$428K	$270K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	17.050	−0.014%	$993K	$1.1M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	17.040	−0.072%	$525K	$416K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	17.050	−0.014%	$368K	$3.8M	20x	as long as short
Variational Omni USARlong	0.0000%	8h	17.052	long leg	$58K	$6K	—
GRVT USAR_USDT_Perp	0.0000%	8h	17.069	+0.097%	$1K	$234K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	17.040	−0.072%	$2K	$7.3M	10x	as long as short
HTX USAR-USDT	0.0000%	8h	17.080	+0.162%	$8K	$7K	20x	as long as short
Binance USARUSDT	+0.0028%	8h	17.054	+0.012%	$2.5M	$5.2M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH USAR	+0.0032%	1h	17.053	+0.004%	$273K	$616K	10x	as long as short
Extended USAR-USD	+0.0032%	1h	17.048	−0.026%	$4K	$177K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	17.040	−0.072%	$147K	$61K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	17.050	−0.014%	—	$49	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	17.060	+0.045%	$289K	$121K	20x	as long as short
tradeXYZ xyz:USARshort	+0.0341%	1h	17.052	−0.002%	$2.5M	$946K	10x