Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bybit0.000%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$445as in the Funding arb table

Net, price: spread back to 7d avg − costs−$445as in the Price arb table

costs, in and out, $10k−$4434.431% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 4 days (all we have)+0.065%+$7 · spread now 0.000%, 7d avg +0.023%

Together, before fees+0.047%+$5 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: Gate is 0.023% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit USARUSDT	16.860	0	get 0.0000% / 8h	1h 45m	$430K	$272K	25x
Short	Gate USAR_USDT	16.860	0	get 0.0000% / 8h	1h 45m	$519K	$431K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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 BybitbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.023%: −$2.32
Slippage, 4 orders: −$417.12
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$445.44
Costs to cover: 4.431%
Break-even: never at this rate

Slippage from Bybit: live order book, 30 min ago; Gate: live order book, 36 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 Bybit live order book, 30 min ago	11.87 bp	89.6 bp −$90	218.7 bp −$2,187	doesn't fit	doesn't fit
Sell Gate live order book, 36 min ago	14.83 bp	129.1 bp −$129	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	16.875	+0.088%	$27K	$29K	20x	as long as short
Bybit USARUSDTlong	0.0000%	8h	16.860	long leg	$430K	$272K	25x
OKX USAR-USDT-SWAP	0.0000%	8h	16.860	0.000%	$966K	$1.1M	20x	as long as short
Gate USAR_USDTshort	0.0000%	8h	16.860	0.000%	$519K	$431K	20x
Bitget USARUSDT	0.0000%	8h	16.880	+0.119%	$358K	$3.8M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.864	+0.021%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.870	+0.061%	$1K	$240K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.860	0.000%	$963	$7.4M	10x	as long as short
HTX USAR-USDT	+0.0031%	8h	16.880	+0.119%	$8K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.858	−0.012%	$272K	$692K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest USAR-USD-PERP	+0.0046%	1h	16.870	+0.059%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.855	−0.030%	$2.6M	$910K	10x	as long as short
Extended USAR-USD	+0.0056%	1h	16.861	+0.006%	$4K	$181K	10x	as long as short
Binance USARUSDT	+0.0059%	8h	16.864	+0.025%	$2.5M	$5.2M	20x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.870	+0.059%	$289K	$103K	20x	as long as short
Arcus USAR-USD	+0.0753%	1h	16.860	0.000%	$146K	$62K	10x	as long as short