Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.028%

Price spread now: tradeXYZ against Bitget−0.059%7-day average −0.100% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$910.905% of the position

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.281%+$28 on $10k

Price spread, last 7 days−0.014%−$1 · spread now −0.059%, 7d avg −0.100%

Together, before fees+0.267%+ Points / potential airdroptradeXYZ: Active · farm board+$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.041% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.100%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget USARUSDT	16.960	0	get 0.0000% / 8h	4h 11m	$344K	$3.7M	20x
Short	tradeXYZ xyz:USAR	16.950	0.0050	get 0.0006% / 1h	11m 16s	$2.5M	$951K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee BitgetbpFee tradeXYZbpOrdersPrice spread, now −0.059%Rate

Funding earned: $10.5
Price spread: −0.059% → −0.100%: $4.1
Slippage, 4 orders: −$60.51
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$75.91
Costs to cover: 0.905%
Break-even: 57.6 days

Slippage from Bitget: live order book, 2 min ago; tradeXYZ: live order book, 5 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 Bitget live order book, 2 min ago	2.95 bp	24.1 bp −$24	47.0 bp −$470	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 5 min ago	2.65 bp	24.5 bp −$25	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	16.963	+0.016%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.960	0.000%	$594	$157K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.965	+0.031%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.960	0.000%	$423K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.990	+0.177%	$984K	$1.3M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.960	0.000%	$500K	$437K	20x	as long as short
Bitget USARUSDTlong	0.0000%	8h	16.960	long leg	$344K	$3.7M	20x
Variational Omni USAR	0.0000%	8h	16.962	+0.012%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.973	+0.076%	$852	$220K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.960	0.000%	$2K	$6.8M	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%	$7K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.957	−0.018%	$272K	$575K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.950	−0.059%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.960	0.000%	—	$49	10x	as long as short
tradeXYZ xyz:USARshort	+0.0050%	1h	16.950	−0.059%	$2.5M	$951K	10x
KuCoin USARUSDTM	+0.0100%	8h	16.960	0.000%	$286K	$151K	20x	as long as short