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

USAR

RWAall USAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.031%
Price spread now: Extended against tradeXYZ+0.025%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.228%−$23 on $10k
Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.025%, 7d avg +0.032%
Together, before fees−0.281%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:USAR16.7400.0050pay 0.0006% / 1h38m 18s$2.5M$1.1M10x
ShortExtended USAR-USD16.7440get 0.0000% / 1h38m 18s$3K$256K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. 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
−$10.5
Price spread: +0.025% → +0.032%
−$0.7
Slippage, 4 orders
−$81.45
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$115.65
Costs to cover
1.044%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Extended: live order book, 4 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 tradeXYZ live order book, 10 min ago2.68 bp17.9 bp −$1854.6 bp −$546doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago6.26 bp27.1 bp −$27177.4 bp −$1,774doesn'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
Bitget USARUSDT−0.0049%8h16.780+0.239%$331K$3.8M20xas long as short
Aster USARUSDT0.0000%8h16.779+0.233%$27K$29K20xas long as short
Extended USAR-USDshort0.0000%1h16.744+0.025%$3K$256K10x
Binance USARUSDT0.0000%8h16.748+0.048%$2.4M$5.4M20xas long as short
Bybit USARUSDT0.0000%8h16.750+0.060%$417K$287K25xas long as short
OKX USAR-USDT-SWAP0.0000%8h16.770+0.179%$888K$1.9M20xas long as short
Gate USAR_USDT0.0000%8h16.760+0.119%$494K$470K20xas long as short
Variational Omni USAR0.0000%8h16.772+0.192%$59K$8Kas long as short
GRVT USAR_USDT_Perp0.0000%8h16.775+0.208%$849$230K10xas long as short
SunX USAR-USDT0.0000%8h16.7400.000%$1K$6.7M10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX USAR-USDT0.0000%8h16.770+0.179%$8K$8K20xas long as short
Lighter RH USAR+0.0032%1h16.750+0.060%$265K$545K10xas long as short
Arcus USAR-USD+0.0040%1h16.750+0.060%$144K$63K10xas long as short
Vest USAR-USD-PERP+0.0046%1h16.750+0.060%$4910xas long as short
tradeXYZ xyz:USARlong+0.0050%1h16.740long leg$2.5M$1.1M10x
KuCoin USARUSDTM+0.0100%8h16.750+0.060%$277K$193K20xas long as short