USAR

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.027%

Price spread now: KuCoin against Binance−0.120%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$678as in the Funding arb table

Net, price: spread back to 7d avg − costs−$704as in the Price arb table

costs, in and out, $10k−$6976.972% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.189%+$19 on $10k

Price spread, last 4 days (all we have)+0.965%+$96 · spread now −0.120%, 7d avg −0.056%

Together, before fees+1.153%+$115 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.064% cheaper against Binance than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of −0.056%). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance USARUSDT	16.680	0	get 0.0000% / 8h	7h 20m	$2.4M	$5.3M	20x
Short	KuCoin USARUSDTM	16.660	0.0100	get 0.0100% / 8h	7h 20m	$274K	$215K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.120%Rate

Funding earned: $21
Price spread: −0.120% → −0.056%: −$6.38
Slippage, 4 orders: −$675.15
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$682.53
Costs to cover: 6.972%
Break-even: 234.5 days

Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 1 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, 2 min ago	6.01 bp	22.4 bp −$22	81.7 bp −$817	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	6.01 bp	297.2 bp −$297	doesn't fit	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	16.660	−0.120%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.676	−0.024%	$3K	$205K	10x	as long as short
Binance USARUSDTlong	0.0000%	8h	16.680	long leg	$2.4M	$5.3M	20x
Bybit USARUSDT	0.0000%	8h	16.670	−0.060%	$409K	$282K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.700	+0.120%	$893K	$1.9M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.680	0.000%	$493K	$450K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.680	0.000%	$349K	$3.6M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.678	−0.014%	$56K	$10K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.598	−0.494%	$2K	$227K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.670	−0.060%	$1K	$6.1M	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	16.640	−0.240%	$7K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.679	−0.006%	$273K	$422K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.670	−0.060%	$144K	$54K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.690	+0.060%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.675	−0.030%	$2.5M	$1.0M	10x	as long as short
KuCoin USARUSDTMshort	+0.0100%	8h	16.660	−0.120%	$274K	$215K	20x