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

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Bitget−0.107%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$670.672% 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 4 days (all we have)−0.050%−$5 · spread now −0.107%, 7d avg −0.118%
Together, before fees+0.032%+ Points / potential airdropLighter RH: Points live · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.118%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget USARUSDT16.8800get 0.0000% / 8h3h 16m$341K$3.8M20x
ShortLighter RH USAR16.8620.0032get 0.0004% / 1h16m 36s$267K$565K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Bitget. 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
$6.72
Price spread: −0.107% → −0.118%
$1.16
Slippage, 4 orders
−$55.23
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$59.35
Costs to cover
0.672%
Break-even
68.8 days
Slippage from Bitget: live order book, 1 min ago; Lighter RH: live order book, 36 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 Bitget live order book, 1 min ago5.92 bp20.5 bp −$2137.6 bp −$376doesn't fitdoesn't fit
Sell Lighter RH live order book, 36 min ago10.93 bp11.6 bp −$1226.0 bp −$260doesn'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%8h16.855−0.146%$27K$29K20xas long as short
Extended USAR-USD0.0000%1h16.875−0.028%$951$159K10xas long as short
Binance USARUSDT0.0000%8h16.8800.000%$2.4M$5.3M20xas long as short
Bybit USARUSDT0.0000%8h16.860−0.118%$420K$282K25xas long as short
OKX USAR-USDT-SWAP0.0000%8h16.910+0.178%$964K$1.7M20xas long as short
Gate USAR_USDT0.0000%8h16.8800.000%$495K$452K20xas long as short
Bitget USARUSDTlong0.0000%8h16.880long leg$341K$3.8M20x
Variational Omni USAR0.0000%8h16.837−0.254%$59K$8Kas long as short
GRVT USAR_USDT_Perp0.0000%8h16.830−0.296%$1K$225K10xas long as short
SunX USAR-USDT0.0000%8h16.870−0.059%$2K$6.8M10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX USAR-USDT0.0000%8h16.8800.000%$8K$8K20xas long as short
Lighter RH USARshort+0.0032%1h16.862−0.107%$267K$565K10x
Arcus USAR-USD+0.0040%1h16.840−0.237%$145K$62K10xas long as short
Vest USAR-USD-PERP+0.0046%1h16.860−0.118%$4910xas long as short
tradeXYZ xyz:USAR+0.0050%1h16.851−0.172%$2.5M$1.0M10xas long as short
KuCoin USARUSDTM+0.0100%8h16.860−0.118%$280K$171K20xas long as short