Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Gate+0.006%7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$228as in the Funding arb table

Net, price: spread back to 7d avg − costs−$231as in the Price arb table

costs, in and out, $10k−$2372.369% of the position

Long on Gate Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.088%+$9 on $10k

Price spread, last 4 days (all we have)−0.195%−$20 · spread now +0.006%, 7d avg −0.050%

Together, before fees−0.108%+ Points / potential airdropLighter RH: Points live · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.056% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.050%.

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	4h 36m	$500K	$435K	20x
Short	Lighter RH USAR	16.961	0.0032	get 0.0004% / 1h	36m 20s	$272K	$575K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now +0.006%Rate

Funding earned: $6.72
Price spread: +0.006% → −0.050%: $5.63
Slippage, 4 orders: −$221.92
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$224.57
Costs to cover: 2.369%
Break-even: 240.9 days

Slippage from Gate: live order book, 20 min ago; Lighter RH: live order book, 21 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, 20 min ago	8.85 bp	59.4 bp −$59	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 21 min ago	10.32 bp	12.2 bp −$12	26.8 bp −$268	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	16.962	+0.011%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.958	−0.011%	$3K	$162K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.962	+0.014%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.950	−0.059%	$423K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.980	+0.118%	$983K	$1.3M	20x	as long as short
Gate USAR_USDTlong	0.0000%	8h	16.960	long leg	$500K	$435K	20x
Bitget USARUSDT	0.0000%	8h	16.960	0.000%	$346K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.942	−0.107%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.944	−0.096%	$2K	$219K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.950	−0.059%	$1K	$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 USARshort	+0.0032%	1h	16.961	+0.006%	$272K	$575K	10x
Arcus USAR-USD	+0.0040%	1h	16.940	−0.118%	$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:USAR	+0.0050%	1h	16.956	−0.024%	$2.5M	$957K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.950	−0.059%	$285K	$146K	20x	as long as short