Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.041%

Price spread now: OKX against Binance+0.118%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$850.853% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 1 day (all we have)−0.067%−$7 · spread now +0.118%, 7d avg +0.044%

Together, before fees−0.034%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.074% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance USARUSDT	16.960	0	get 0.0000% / 8h	4h 22m	$2.5M	$5.3M	20x
Short	OKX USAR-USDT-SWAP	16.980	0	get 0.0000% / 8h	4h 22m	$975K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.118%Rate

Funding earned: $0
Price spread: +0.118% → +0.044%: $7.43
Slippage, 4 orders: −$65.28
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$77.85
Costs to cover: 0.853%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; OKX: live order book, 3 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, 5 min ago	5.91 bp	14.4 bp −$14	44.2 bp −$442	157.9 bp −$15.8K	doesn't fit
Sell OKX live order book, 3 min ago	5.89 bp	18.9 bp −$19	190.1 bp −$1,901	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	16.970	+0.059%	$29K	$28K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.960	+0.003%	$4K	$181K	10x	as long as short
Binance USARUSDTlong	0.0000%	8h	16.960	long leg	$2.5M	$5.3M	20x
Bybit USARUSDT	0.0000%	8h	16.960	0.000%	$431K	$291K	25x	as long as short
OKX USAR-USDT-SWAPshort	0.0000%	8h	16.980	+0.118%	$975K	$1.1M	20x
Gate USAR_USDT	0.0000%	8h	16.960	0.000%	$509K	$426K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.970	+0.059%	$356K	$3.9M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.950	−0.059%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.958	−0.010%	$1K	$241K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.960	0.000%	$1K	$7.4M	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	16.970	+0.059%	$8K	$6K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.964	+0.024%	$274K	$792K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.960	0.000%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.961	+0.006%	$2.6M	$908K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.960	0.000%	$290K	$109K	20x	as long as short
Arcus USAR-USD	+0.0457%	1h	16.960	0.000%	$149K	$61K	10x	as long as short