Funding you earn now, next payment 04:00 UTC+0.0264%/8h= +28.9% APRpaid last 24h −0.002%
Price spread now: tradeXYZ against KuCoin−0.053%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,769as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,776as in the Price arb table
costs, in and out, $10k−$1,77417.738% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.253%−$25 · spread now −0.053%, 7d avg −0.031%
=Together, before fees−0.205%+ Points / potential airdroptradeXYZ: Active · farm board−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.022% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.031%). If the spread goes back, that is −$2 on $10k: about 7 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.048% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.048% in total (about 2.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USARUSDTM | 16.960 | 0.0100 | pay 0.0100% / 8h | 4h 59m | $286K | $143K | 20x |
| Short | tradeXYZ xyz:USAR | 16.951 | 0.0364 | get 0.0045% / 1h | 59m 05s | $2.5M | $942K | 10x |
KuCoin USARUSDTM
tradeXYZ xyz:USARFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $55.42
- Price spread: −0.053% → −0.031%
- −$2.25
- Slippage, 4 orders
- −$1,743.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$1,720.61
- Costs to cover
- 17.738%
- Break-even
- 224.3 days
Slippage from KuCoin: live order book, 22 min ago; tradeXYZ: live order book, 9 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 KuCoin live order book, 22 min ago | 2.95 bp | 891.9 bp −$892 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 2.06 bp | 17.9 bp −$18 | doesn't fit | 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 | 16.949 | −0.063% | $27K | $29K | 20x | as long as short |
| Extended USAR-USD | 0.0000% | 1h | 16.960 | 0.000% | $3K | $156K | 10x | as long as short |
| Binance USARUSDT | 0.0000% | 8h | 16.964 | +0.024% | $2.4M | $5.1M | 20x | as long as short |
| Bybit USARUSDT | 0.0000% | 8h | 16.940 | −0.118% | $423K | $273K | 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_USDT | 0.0000% | 8h | 16.950 | −0.059% | $500K | $434K | 20x | as long as short |
| Bitget USARUSDT | 0.0000% | 8h | 16.970 | +0.059% | $347K | $3.7M | 20x | as long as short |
| Variational Omni USAR | 0.0000% | 8h | 16.952 | −0.049% | $60K | $8K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.964 | +0.026% | $1K | $220K | 10x | as long as short |
| SunX USAR-USDT | 0.0000% | 8h | 16.960 | 0.000% | $2K | $6.8M | 10x | as long as short |
Aster USARUSDT
Extended USAR-USD
Binance USARUSDT
Bybit USARUSDT
OKX USAR-USDT-SWAP
Gate USAR_USDT
Bitget USARUSDT
Variational Omni USAR
GRVT USAR_USDT_Perp
SunX USAR-USDTShow 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 | $8K | 20x | as long as short |
| Lighter RH USAR | +0.0032% | 1h | 16.954 | −0.035% | $271K | $575K | 10x | as long as short |
| Arcus USAR-USD | +0.0040% | 1h | 16.950 | −0.059% | $146K | $62K | 10x | as long as short |
| Vest USAR-USD-PERP | +0.0046% | 1h | 16.950 | −0.059% | — | $49 | 10x | as long as short |
| KuCoin USARUSDTMlong | +0.0100% | 8h | 16.960 | long leg | $286K | $143K | 20x | |
| tradeXYZ xyz:USARshort | +0.0364% | 1h | 16.951 | −0.053% | $2.5M | $942K | 10x |
HTX USAR-USDT
Lighter RH USAR
Arcus USAR-USD
Vest USAR-USD-PERP