Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.028%

Price spread now: tradeXYZ against Aster−0.036%7-day average — · you buy dearer than you sell

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

Long on Aster Short on tradeXYZ

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 · tradeXYZ: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.036% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it 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	16.938	0	get 0.0000% / 8h	5h 24m	$27K	$29K	20x
Short	tradeXYZ xyz:USAR	16.932	−0.0003	pay 0.0000% / 1h	24m 03s	$2.5M	$947K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.036%Rate

Funding earned: −$0.53
Price spread: −0.036% → 0.000%: −$3.6
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$30.13
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; tradeXYZ: live order book, 3 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 tradeXYZ live order book, 3 min ago	2.07 bp	15.4 bp −$15	32.4 bp −$324	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
tradeXYZ xyz:USARshort	−0.0003%	1h	16.932	−0.036%	$2.5M	$947K	10x
Aster USARUSDTlong	0.0000%	8h	16.938	long leg	$27K	$29K	20x
Extended USAR-USD	0.0000%	1h	16.936	−0.015%	$788	$152K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.940	+0.011%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.940	+0.011%	$423K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.970	+0.188%	$1.0M	$1.3M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.940	+0.011%	$499K	$436K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.950	+0.070%	$345K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.942	+0.020%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.950	+0.069%	$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	+0.011%	$1K	$6.8M	10x	as long as short
HTX USAR-USDT	0.0000%	8h	16.950	+0.070%	$7K	$9K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.934	−0.024%	$271K	$581K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.920	−0.107%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.950	+0.070%	—	$49	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.940	+0.011%	$285K	$136K	20x	as long as short