Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Lighter RH against HTX−0.205%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

Funding pays, the price is against you. Lighter RH is 0.205% cheaper against HTX than usual: you would sell low and buy high (spread −0.205% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 21 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX USAR-USDT	17.060	0	get 0.0000% / 8h	36m 18s	$8K	$8K	20x
Short	Lighter RH USAR	17.025	0.0032	get 0.0004% / 1h	36m 18s	$273K	$686K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against HTX. 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 HTXbpFee Lighter RHbpOrdersPrice spread, now −0.205%Rate

Funding earned: $6.72
Price spread: −0.205% → 0.000%: −$20.52
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$25.8
Costs to cover: 0.120%
Break-even: 33.9 days

Slippage unknown: HTX: no order-book sample; Lighter RH: live order book, 41 min ago. Net counts fees only.

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 HTX no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 41 min ago	12.09 bp	12.7 bp −$13	27.6 bp −$276	doesn't fit	doesn't fit

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	17.030	−0.176%	$27K	$29K	20x	as long as short
Bybit USARUSDT	0.0000%	8h	17.030	−0.176%	$428K	$277K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	17.040	−0.117%	$1.0M	$1.1M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	17.020	−0.234%	$524K	$434K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	17.040	−0.117%	$364K	$3.9M	20x	as long as short
Variational Omni USAR	0.0000%	8h	17.028	−0.187%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	17.050	−0.059%	$2K	$239K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	17.020	−0.234%	$1K	$7.3M	10x	as long as short
HTX USAR-USDTlong	0.0000%	8h	17.060	long leg	$8K	$8K	20x
Lighter RH USARshort	+0.0032%	1h	17.025	−0.205%	$273K	$686K	10x

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	17.030	−0.176%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	17.025	−0.205%	$2.5M	$957K	10x	as long as short
Binance USARUSDT	+0.0088%	8h	17.033	−0.160%	$2.5M	$5.3M	20x	as long as short
Extended USAR-USD	+0.0088%	1h	17.029	−0.179%	$4K	$181K	10x	as long as short
Arcus USAR-USD	+0.0100%	1h	17.020	−0.234%	$147K	$62K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	17.040	−0.117%	$289K	$117K	20x	as long as short