Settings8H · net · $10k
Funding arb · Price arb /

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: SunX against Lighter RH+0.059%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$323as in the Funding arb table
Net, price: spread back to 7d avg − costs−$313as in the Price arb table
costs, in and out, $10k−$3143.142% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.088%−$9 on $10k
Price spread, last 3 days (all we have)−0.016%−$2 · spread now +0.059%, 7d avg +0.042%
Together, before fees−0.103%+ Points / potential airdropLighter RH: Points live · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH USAR16.9400.0032pay 0.0004% / 1h50m 32s$271K$580K10x
ShortSunX USAR-USDT16.9500get 0.0000% / 8h5h 50m$2K$6.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
−$6.72
Price spread: +0.059% → +0.042%
$1.67
Slippage, 4 orders
−$306.22
Fee Lighter RH: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$319.27
Costs to cover
3.142%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 12 min ago; SunX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 12 min ago12.98 bp16.2 bp −$1625.5 bp −$255doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago50.16 bp144.2 bp −$144doesn't fitdoesn't fitdoesn't fit

USAR on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster USARUSDT0.0000%8h16.984+0.259%$27K$29K20xas long as short
Extended USAR-USD0.0000%1h16.943+0.019%$788$157K10xas long as short
Binance USARUSDT0.0000%8h16.949+0.052%$2.4M$5.1M20xas long as short
Bybit USARUSDT0.0000%8h16.950+0.059%$426K$270K25xas long as short
OKX USAR-USDT-SWAP0.0000%8h16.980+0.236%$1.0M$1.3M20xas long as short
Gate USAR_USDT0.0000%8h16.950+0.059%$500K$434K20xas long as short
Bitget USARUSDT0.0000%8h16.950+0.059%$346K$3.7M20xas long as short
Variational Omni USAR0.0000%8h16.952+0.069%$60K$8Kas long as short
GRVT USAR_USDT_Perp0.0000%8h16.950+0.057%$2K$218K10xas long as short
SunX USAR-USDTshort0.0000%8h16.950+0.059%$2K$6.9M10x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX USAR-USDT0.0000%8h16.980+0.236%$8K$7K20xas long as short
tradeXYZ xyz:USAR+0.0015%1h16.944+0.024%$2.5M$954K10xas long as short
Lighter RH USARlong+0.0032%1h16.940long leg$271K$580K10x
Arcus USAR-USD+0.0040%1h16.930−0.059%$146K$62K10xas long as short
Vest USAR-USD-PERP+0.0046%1h16.960+0.118%$4910xas long as short
KuCoin USARUSDTM+0.0100%8h16.950+0.059%$285K$132K20xas long as short