Settings8H · net · $10k
Funding arb · Price arb /

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.053%+$5 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance USARUSDT17.0100.0081pay 0.0081% / 8h1h 04m$2.5M$5.3M20x
ShortBitget USARUSDT17.0000get 0.0000% / 8h1h 04m$365K$3.8M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago2.95 bp19.9 bp −$2059.5 bp −$595doesn't fitdoesn't fit
Sell Bitget live order book, 9 min ago5.89 bp21.3 bp −$2154.5 bp −$545doesn't fitdoesn't fit

USAR on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster USARUSDT0.0000%8h16.960−0.294%$27K$29K20xas long as short
Bybit USARUSDT0.0000%8h17.000−0.059%$433K$273K25xas long as short
OKX USAR-USDT-SWAP0.0000%8h17.0100.000%$973K$1.1M20xas long as short
Gate USAR_USDT0.0000%8h16.990−0.118%$523K$434K20xas long as short
Bitget USARUSDTshort0.0000%8h17.000−0.059%$365K$3.8M20x
Variational Omni USAR0.0000%8h16.963−0.278%$58K$6Kas long as short
GRVT USAR_USDT_Perp0.0000%8h16.959−0.301%$1K$238K10xas long as short
SunX USAR-USDT0.0000%8h17.0100.000%$862$7.3M10xas long as short
HTX USAR-USDT+0.0019%8h17.040+0.176%$8K$8K20xas long as short
Lighter RH USAR+0.0032%1h17.000−0.059%$274K$692K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest USAR-USD-PERP+0.0046%1h17.000−0.059%$4910xas long as short
tradeXYZ xyz:USAR+0.0050%1h17.0100.000%$2.5M$941K10xas long as short
Extended USAR-USD+0.0080%1h17.007−0.020%$4K$181K10xas long as short
Binance USARUSDTlong+0.0081%8h17.010long leg$2.5M$5.3M20x
KuCoin USARUSDTM+0.0100%8h16.980−0.176%$288K$111K20xas long as short
Arcus USAR-USD+0.0753%1h16.990−0.118%$147K$62K10xas long as short