Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Aster+0.043%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.043% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster USARUSDT	16.947	0	get 0.0000% / 8h	5h 03m	$27K	$29K	20x
Short	Lighter RH USAR	16.954	0.0032	get 0.0004% / 1h	3m 03s	$271K	$581K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Aster. 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 AsterbpFee Lighter RHbpOrdersPrice spread, now +0.043%Rate

Funding earned: $6.72
Price spread: +0.043% → 0.000%: $4.32
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $3.04
Costs to cover: 0.080%
Break-even: 3.8 days

Slippage unknown: Aster: no order-book sample; Lighter RH: live order book, 59 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 Aster no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 59 min ago	12.98 bp	13.9 bp −$14	24.1 bp −$241	doesn't fit	doesn't fit

Aster: 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 USARUSDTlong	0.0000%	8h	16.947	long leg	$27K	$29K	20x
Extended USAR-USD	0.0000%	1h	16.956	+0.054%	$3K	$156K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.960	+0.079%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.960	+0.079%	$424K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.980	+0.197%	$1.0M	$1.3M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.960	+0.079%	$500K	$439K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.970	+0.138%	$347K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.982	+0.207%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.989	+0.248%	$1K	$220K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.950	+0.020%	$2K	$6.8M	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	17.020	+0.433%	$7K	$8K	20x	as long as short
Lighter RH USARshort	+0.0032%	1h	16.954	+0.043%	$271K	$581K	10x
Arcus USAR-USD	+0.0040%	1h	16.970	+0.138%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.970	+0.138%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.954	+0.043%	$2.5M	$942K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.970	+0.138%	$285K	$142K	20x	as long as short