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

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.031%
Price spread now: tradeXYZ against Extended−0.102%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.228%+$23 on $10k
Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.102%, 7d avg −0.032%
Together, before fees+0.358%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.070% cheaper against Extended than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.032%). If the spread goes back, that is −$7 on $10k: about 4.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.228% in total) that is about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended USAR-USD16.7530get 0.0000% / 1h37m 40s$3K$256K10x
ShorttradeXYZ xyz:USAR16.7360.0050get 0.0006% / 1h37m 40s$2.5M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Extended. 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
$10.5
Price spread: −0.102% → −0.032%
−$7.03
Slippage, 4 orders
−$81.45
Fee Extended: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$100.97
Costs to cover
1.044%
Break-even
74.3 days
Slippage from Extended: live order book, 4 min ago; tradeXYZ: live order book, 10 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 Extended live order book, 4 min ago6.26 bp26.4 bp −$26177.1 bp −$1,771doesn't fitdoesn't fit
Sell tradeXYZ live order book, 10 min ago2.68 bp33.0 bp −$33doesn't fitdoesn'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
Bitget USARUSDT−0.0055%8h16.760+0.041%$331K$3.8M20xas long as short
Aster USARUSDT0.0000%8h16.762+0.054%$27K$29K20xas long as short
Extended USAR-USDlong0.0000%1h16.753long leg$3K$256K10x
Binance USARUSDT0.0000%8h16.738−0.087%$2.4M$5.4M20xas long as short
Bybit USARUSDT0.0000%8h16.750−0.019%$417K$287K25xas long as short
OKX USAR-USDT-SWAP0.0000%8h16.770+0.101%$888K$1.9M20xas long as short
Gate USAR_USDT0.0000%8h16.760+0.041%$494K$470K20xas long as short
Variational Omni USAR0.0000%8h16.772+0.113%$59K$8Kas long as short
GRVT USAR_USDT_Perp0.0000%8h16.775+0.129%$849$230K10xas long as short
SunX USAR-USDT0.0000%8h16.740−0.078%$1K$6.7M10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX USAR-USDT0.0000%8h16.770+0.101%$8K$8K20xas long as short
Lighter RH USAR+0.0032%1h16.740−0.078%$265K$545K10xas long as short
Arcus USAR-USD+0.0040%1h16.740−0.078%$144K$63K10xas long as short
Vest USAR-USD-PERP+0.0046%1h16.750−0.019%$4910xas long as short
tradeXYZ xyz:USARshort+0.0050%1h16.736−0.102%$2.5M$1.1M10x
KuCoin USARUSDTM+0.0100%8h16.750−0.019%$277K$194K20xas long as short