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

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Extended against OKX−0.014%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1371.365% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 4 days (all we have)−0.085%−$9 · spread now −0.014%, 7d avg −0.078%
Together, before fees−0.127%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.065% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX USAR-USDT-SWAP16.9500get 0.0000% / 8h5h 52m$1.0M$1.3M20x
ShortExtended USAR-USD16.9480get 0.0000% / 1h52m 01s$788$157K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
$0
Price spread: −0.014% → −0.078%
$6.45
Slippage, 4 orders
−$121.54
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$130.09
Costs to cover
1.365%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Extended: live order book, 9 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 OKX live order book, 5 min ago8.85 bp37.1 bp −$371882.0 bp −$18.8Kdoesn't fitdoesn't fit
Sell Extended live order book, 9 min ago9.15 bp28.8 bp −$29186.7 bp −$1,867doesn'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%8h16.985+0.206%$27K$29K20xas long as short
Extended USAR-USDshort0.0000%1h16.948−0.014%$788$157K10x
Binance USARUSDT0.0000%8h16.955+0.028%$2.4M$5.1M20xas long as short
Bybit USARUSDT0.0000%8h16.960+0.059%$426K$270K25xas long as short
OKX USAR-USDT-SWAPlong0.0000%8h16.950long leg$1.0M$1.3M20x
Gate USAR_USDT0.0000%8h16.940−0.059%$499K$434K20xas long as short
Bitget USARUSDT0.0000%8h16.960+0.059%$346K$3.7M20xas long as short
Variational Omni USAR0.0000%8h16.942−0.046%$60K$8Kas long as short
GRVT USAR_USDT_Perp0.0000%8h16.941−0.051%$964$219K10xas long as short
SunX USAR-USDT0.0000%8h16.9500.000%$2K$6.9M10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX USAR-USDT0.0000%8h16.980+0.177%$8K$7K20xas long as short
Lighter RH USAR+0.0032%1h16.955+0.029%$272K$580K10xas long as short
tradeXYZ xyz:USAR+0.0039%1h16.953+0.018%$2.5M$953K10xas long as short
Arcus USAR-USD+0.0040%1h16.930−0.118%$146K$62K10xas long as short
Vest USAR-USD-PERP+0.0046%1h16.970+0.118%$4910xas long as short
KuCoin USARUSDTM+0.0100%8h16.9500.000%$285K$132K20xas long as short