USAR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.002%

Price spread now: Extended against Lighter RH−0.079%7-day average +0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$670.675% of the position

Long on Lighter RH Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.022%−$2 on $10k

Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.079%, 7d avg +0.040%

Together, before fees+0.084%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.119% cheaper against Lighter RH than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.040%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH USAR	17.065	0.0032	pay 0.0004% / 1h	23m 54s	$273K	$616K	10x
Short	Extended USAR-USD	17.051	0	get 0.0000% / 1h	23m 54s	$4K	$177K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Lighter RH. 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 Lighter RHbpFee ExtendedbpOrdersPrice spread, now −0.079%Rate

Funding earned: −$6.72
Price spread: −0.079% → +0.040%: −$11.95
Slippage, 4 orders: −$62.5
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$86.16
Costs to cover: 0.675%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 49 min ago; Extended: live order book, 47 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 Lighter RH live order book, 49 min ago	7.04 bp	8.6 bp −$9	20.8 bp −$208	doesn't fit	doesn't fit
Sell Extended live order book, 47 min ago	6.75 bp	25.2 bp −$25	166.4 bp −$1,664	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	17.045	−0.115%	$27K	$29K	20x	as long as short
Extended USAR-USDshort	0.0000%	1h	17.051	−0.079%	$4K	$177K	10x
Binance USARUSDT	0.0000%	8h	17.056	−0.051%	$2.5M	$5.2M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	17.050	−0.088%	$428K	$271K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	17.070	+0.029%	$995K	$1.1M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	17.060	−0.029%	$525K	$424K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	17.050	−0.088%	$371K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	17.082	+0.101%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	17.079	+0.081%	$1K	$228K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	17.050	−0.088%	$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-USDT	0.0000%	8h	17.070	+0.029%	$8K	$7K	20x	as long as short
Lighter RH USARlong	+0.0032%	1h	17.065	long leg	$273K	$616K	10x
Arcus USAR-USD	+0.0040%	1h	17.070	+0.029%	$147K	$61K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	17.080	+0.088%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	17.047	−0.105%	$2.5M	$933K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	17.070	+0.029%	$290K	$122K	20x	as long as short