Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: Variational Omni against Vest−0.106%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Variational Omni

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 airdropVest: Active · Variational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.106% cheaper against Vest than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest USAR-USD-PERP	16.780	0.0046	pay 0.0006% / 1h	2m 11s	—	$49	10x
Short	Variational Omni USAR	16.762	0	get 0.0000% / 8h	7h 02m	$57K	$10K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Vest. 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 VestbpFee Variational OmnibpOrdersPrice spread, now −0.106%Rate

Funding earned: −$9.59
Price spread: −0.106% → 0.000%: −$10.59
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$22.18
Costs to cover: 0.020%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Variational Omni: 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 Vest no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

Vest and 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	16.766	−0.084%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.786	+0.033%	$81	$204K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.790	+0.060%	$2.4M	$5.3M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.790	+0.060%	$412K	$278K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.810	+0.179%	$897K	$1.9M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.780	0.000%	$495K	$454K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.790	+0.060%	$345K	$3.5M	20x	as long as short
Variational Omni USARshort	0.0000%	8h	16.762	−0.106%	$57K	$10K	—
SunX USAR-USDT	0.0000%	8h	16.780	0.000%	$2K	$6.0M	10x	as long as short
HTX USAR-USDT	0.0000%	8h	16.820	+0.238%	$7K	$8K	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	16.775	−0.030%	$274K	$422K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.780	0.000%	$144K	$50K	10x	as long as short
Vest USAR-USD-PERPlong	+0.0046%	1h	16.780	long leg	—	$49	10x
tradeXYZ xyz:USAR	+0.0063%	1h	16.778	−0.012%	$2.5M	$1.0M	10x	as long as short
GRVT USAR_USDT_Perp	+0.0092%	8h	16.770	−0.060%	$1K	$225K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.770	−0.060%	$275K	$230K	20x	as long as short