Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.064%

Price spread now: Gate against OKX−0.117%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$290as in the Funding arb table

Net, price: spread back to 7d avg − costs−$283as in the Price arb table

costs, in and out, $10k−$2782.783% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.120%−$12 on $10k

Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.117%, 7d avg −0.068%

Together, before fees−0.068%−$7 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: Gate is 0.049% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX USAR-USDT-SWAP	17.050	0	get 0.0000% / 8h	39m 16s	$1.0M	$1.1M	20x
Short	Gate USAR_USDT	17.030	0	get 0.0000% / 8h	39m 16s	$525K	$433K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee OKXbpFee GatebpOrdersPrice spread, now −0.117%Rate

Funding earned: $0
Price spread: −0.117% → −0.068%: −$4.92
Slippage, 4 orders: −$253.29
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$283.22
Costs to cover: 2.783%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Gate: live order book, 37 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 OKX live order book, 2 min ago	5.86 bp	53.7 bp −$54	2301.0 bp −$23.0K	doesn't fit	doesn't fit
Sell Gate live order book, 37 min ago	8.84 bp	33.0 bp −$33	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	17.036	−0.084%	$27K	$29K	20x	as long as short
Bybit USARUSDT	0.0000%	8h	17.020	−0.176%	$427K	$277K	25x	as long as short
OKX USAR-USDT-SWAPlong	0.0000%	8h	17.050	long leg	$1.0M	$1.1M	20x
Gate USAR_USDTshort	0.0000%	8h	17.030	−0.117%	$525K	$433K	20x
Bitget USARUSDT	0.0000%	8h	17.040	−0.059%	$364K	$3.9M	20x	as long as short
Variational Omni USAR	0.0000%	8h	17.058	+0.046%	$58K	$6K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	17.050	0.000%	$2K	$239K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	17.020	−0.176%	$1K	$7.3M	10x	as long as short
HTX USAR-USDT	+0.0005%	8h	17.060	+0.059%	$8K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	17.028	−0.129%	$273K	$686K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest USAR-USD-PERP	+0.0046%	1h	17.030	−0.117%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	17.016	−0.199%	$2.5M	$957K	10x	as long as short
Binance USARUSDT	+0.0094%	8h	17.033	−0.101%	$2.5M	$5.3M	20x	as long as short
Extended USAR-USD	+0.0096%	1h	17.030	−0.115%	$4K	$181K	10x	as long as short
Arcus USAR-USD	+0.0100%	1h	17.020	−0.176%	$147K	$62K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	17.040	−0.059%	$287K	$116K	20x	as long as short