Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: Binance against Gate−0.059%7-day average +0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$325as in the Funding arb table

Net, price: spread back to 7d avg − costs−$340as in the Price arb table

costs, in and out, $10k−$3303.301% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 4 days (all we have)−0.721%−$72 · spread now −0.059%, 7d avg +0.042%

Together, before fees−0.672%−$67 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: Binance is 0.101% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate USAR_USDT	16.960	0	get 0.0000% / 8h	5h 30m	$500K	$436K	20x
Short	Binance USARUSDT	16.950	0	get 0.0000% / 8h	5h 30m	$2.4M	$5.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → +0.042%: −$10.1
Slippage, 4 orders: −$305.13
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$340.22
Costs to cover: 3.301%
Break-even: never at this rate

Slippage from Gate: live order book, 31 min ago; Binance: live order book, 8 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 Gate live order book, 31 min ago	8.85 bp	152.7 bp −$153	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	2.95 bp	18.4 bp −$18	62.1 bp −$621	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	16.952	−0.049%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.945	−0.087%	$788	$152K	10x	as long as short
Binance USARUSDTshort	0.0000%	8h	16.950	−0.059%	$2.4M	$5.1M	20x
Bybit USARUSDT	0.0000%	8h	16.940	−0.118%	$423K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.970	+0.059%	$1.0M	$1.3M	20x	as long as short
Gate USAR_USDTlong	0.0000%	8h	16.960	long leg	$500K	$436K	20x
Bitget USARUSDT	0.0000%	8h	16.960	0.000%	$346K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.952	−0.050%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.953	−0.042%	$1K	$218K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.950	−0.059%	$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	16.990	+0.177%	$7K	$9K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.937	−0.136%	$271K	$580K	10x	as long as short
tradeXYZ xyz:USAR	+0.0036%	1h	16.940	−0.118%	$2.5M	$949K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.930	−0.177%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.960	0.000%	—	$49	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.940	−0.118%	$284K	$135K	20x	as long as short