Funding you earn now, next payment 00:00 UTC−0.0081%/8h= −8.9% APRnext payment −$0.81 per $10,000 · paid last 24h −0.018%
Price spread now: Bitget against Binance−0.059%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$810.806% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 2 days (all we have)+0.135%+$13 · spread now −0.059%, 7d avg +0.042%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.101% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.042%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USARUSDT | 17.010 | 0.0081 | pay 0.0081% / 8h | 1h 04m | $2.5M | $5.3M | 20x |
| Short | Bitget USARUSDT | 17.000 | 0 | get 0.0000% / 8h | 1h 04m | $365K | $3.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$17.05
- Price spread: −0.059% → +0.042%
- −$10.07
- Slippage, 4 orders
- −$58.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$107.69
- Costs to cover
- 0.806%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 9 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 Binance live order book, 4 min ago | 2.95 bp | 19.9 bp −$20 | 59.5 bp −$595 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 9 min ago | 5.89 bp | 21.3 bp −$21 | 54.5 bp −$545 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster USARUSDT | 0.0000% | 8h | 16.960 | −0.294% | $27K | $29K | 20x | as long as short |
| Bybit USARUSDT | 0.0000% | 8h | 17.000 | −0.059% | $433K | $273K | 25x | as long as short |
| OKX USAR-USDT-SWAP | 0.0000% | 8h | 17.010 | 0.000% | $973K | $1.1M | 20x | as long as short |
| Gate USAR_USDT | 0.0000% | 8h | 16.990 | −0.118% | $523K | $434K | 20x | as long as short |
| Bitget USARUSDTshort | 0.0000% | 8h | 17.000 | −0.059% | $365K | $3.8M | 20x | |
| Variational Omni USAR | 0.0000% | 8h | 16.963 | −0.278% | $58K | $6K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.959 | −0.301% | $1K | $238K | 10x | as long as short |
| SunX USAR-USDT | 0.0000% | 8h | 17.010 | 0.000% | $862 | $7.3M | 10x | as long as short |
| HTX USAR-USDT | +0.0019% | 8h | 17.040 | +0.176% | $8K | $8K | 20x | as long as short |
| Lighter RH USAR | +0.0032% | 1h | 17.000 | −0.059% | $274K | $692K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest USAR-USD-PERP | +0.0046% | 1h | 17.000 | −0.059% | — | $49 | 10x | as long as short |
| tradeXYZ xyz:USAR | +0.0050% | 1h | 17.010 | 0.000% | $2.5M | $941K | 10x | as long as short |
| Extended USAR-USD | +0.0080% | 1h | 17.007 | −0.020% | $4K | $181K | 10x | as long as short |
| Binance USARUSDTlong | +0.0081% | 8h | 17.010 | long leg | $2.5M | $5.3M | 20x | |
| KuCoin USARUSDTM | +0.0100% | 8h | 16.980 | −0.176% | $288K | $111K | 20x | as long as short |
| Arcus USAR-USD | +0.0753% | 1h | 16.990 | −0.118% | $147K | $62K | 10x | as long as short |
Binance USARUSDT
Bitget USARUSDT
Aster USARUSDT
Bybit USARUSDT
OKX USAR-USDT-SWAP
Gate USAR_USDT
Variational Omni USAR
GRVT USAR_USDT_Perp
SunX USAR-USDT
HTX USAR-USDT
Lighter RH USAR
tradeXYZ xyz:USAR
Extended USAR-USD
KuCoin USARUSDTM