Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.024%

Price spread now: tradeXYZ against HTX−0.258%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 tradeXYZ

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 airdroptradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.258% cheaper against HTX than usual: you would sell low and buy high (spread −0.258% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 17 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX USAR-USDT	17.080	0	get 0.0000% / 8h	7h 00m	$8K	$7K	20x
Short	tradeXYZ xyz:USAR	17.036	0.0050	get 0.0006% / 1h	0m 11s	$2.5M	$931K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.258%Rate

Funding earned: $10.5
Price spread: −0.258% → 0.000%: −$25.76
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$45.26
Costs to cover: 0.300%
Break-even: 37.2 days

Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago	1.76 bp	20.7 bp −$21	doesn't fit	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	−0.293%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	17.049	−0.183%	$7	$153K	10x	as long as short
Binance USARUSDT	0.0000%	8h	17.054	−0.153%	$2.5M	$5.2M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	17.040	−0.234%	$427K	$271K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	17.050	−0.176%	$993K	$1.1M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	17.040	−0.234%	$524K	$425K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	17.050	−0.176%	$371K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	17.052	−0.164%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	17.052	−0.166%	$2K	$226K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	17.050	−0.176%	$1K	$7.1M	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-USDTlong	0.0000%	8h	17.080	long leg	$8K	$7K	20x
Lighter RH USAR	+0.0032%	1h	17.041	−0.228%	$273K	$616K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	17.040	−0.234%	$147K	$61K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	17.050	−0.176%	—	$49	10x	as long as short
tradeXYZ xyz:USARshort	+0.0050%	1h	17.036	−0.258%	$2.5M	$931K	10x
KuCoin USARUSDTM	+0.0100%	8h	17.040	−0.234%	$288K	$125K	20x	as long as short