Funding you earn now, next payment 03:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.037%
Price spread now: tradeXYZ against Arcus+0.089%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$640.645% of the position
Funding, last 4 days (all we have)−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)−0.265%−$26 · spread now +0.089%, 7d avg +0.035%
=Together, before fees−0.334%+ Points / potential airdroptradeXYZ: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.053% dearer against Arcus than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of +0.035%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus USAR-USD | 16.920 | 0.0040 | pay 0.0005% / 1h | 23m 04s | $146K | $62K | 10x |
| Short | tradeXYZ xyz:USAR | 16.935 | −0.0008 | pay 0.0001% / 1h | 23m 04s | $2.5M | $947K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.1
- Price spread: +0.089% → +0.035%
- $5.33
- Slippage, 4 orders
- −$42
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$69.26
- Costs to cover
- 0.645%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 40 min ago; tradeXYZ: live order book, 4 min ago.
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 Arcus live order book, 40 min ago | 5.90 bp | 13.6 bp −$14 | 17.7 bp −$177 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 2.07 bp | 15.4 bp −$15 | 32.4 bp −$324 | doesn't fit | doesn't fit |
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:USARshort | −0.0008% | 1h | 16.935 | +0.089% | $2.5M | $947K | 10x | |
| Aster USARUSDT | 0.0000% | 8h | 16.938 | +0.108% | $27K | $29K | 20x | as long as short |
| Extended USAR-USD | 0.0000% | 1h | 16.936 | +0.092% | $788 | $152K | 10x | as long as short |
| Binance USARUSDT | 0.0000% | 8h | 16.940 | +0.118% | $2.4M | $5.1M | 20x | as long as short |
| Bybit USARUSDT | 0.0000% | 8h | 16.940 | +0.118% | $423K | $272K | 25x | as long as short |
| OKX USAR-USDT-SWAP | 0.0000% | 8h | 16.970 | +0.296% | $1.0M | $1.3M | 20x | as long as short |
| Gate USAR_USDT | 0.0000% | 8h | 16.940 | +0.118% | $499K | $436K | 20x | as long as short |
| Bitget USARUSDT | 0.0000% | 8h | 16.950 | +0.177% | $345K | $3.7M | 20x | as long as short |
| Variational Omni USAR | 0.0000% | 8h | 16.942 | +0.127% | $60K | $8K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.950 | +0.176% | $2K | $217K | 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 | 16.940 | +0.118% | $1K | $6.8M | 10x | as long as short |
| HTX USAR-USDT | 0.0000% | 8h | 16.950 | +0.177% | $7K | $9K | 20x | as long as short |
| Lighter RH USAR | +0.0032% | 1h | 16.935 | +0.089% | $271K | $581K | 10x | as long as short |
| Arcus USAR-USDlong | +0.0040% | 1h | 16.920 | long leg | $146K | $62K | 10x | |
| Vest USAR-USD-PERP | +0.0046% | 1h | 16.960 | +0.236% | — | $49 | 10x | as long as short |
| KuCoin USARUSDTM | +0.0100% | 8h | 16.940 | +0.118% | $285K | $136K | 20x | as long as short |
tradeXYZ xyz:USAR
Aster USARUSDT
Extended USAR-USD
Binance USARUSDT
Bybit USARUSDT
OKX USAR-USDT-SWAP
Gate USAR_USDT
Bitget USARUSDT
Variational Omni USAR
GRVT USAR_USDT_Perp
SunX USAR-USDT
HTX USAR-USDT
Lighter RH USAR
KuCoin USARUSDTM