Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.024%
Price spread now: Lighter RH against tradeXYZ+0.006%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.006%, 7d avg −0.005%
=Together, before fees−0.266%+ Points / potential airdroptradeXYZ: Active · Lighter RH: Points live · farm board−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:USAR | 16.749 | 0.0070 | pay 0.0009% / 1h | 30m 45s | $2.5M | $1.1M | 10x |
| Short | Lighter RH USAR | 16.750 | 0.0032 | get 0.0004% / 1h | 30m 45s | $265K | $538K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.91
- Price spread: +0.006% → −0.005%
- $1.14
- Slippage, 4 orders
- −$59.22
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$83.98
- Costs to cover
- 0.772%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Lighter RH: live order book, 7 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 tradeXYZ live order book, 7 min ago | 2.09 bp | 15.5 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 7 min ago | 13.44 bp | 16.8 bp −$17 | 29.3 bp −$293 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget USARUSDT | −0.0044% | 8h | 16.760 | +0.066% | $343K | $3.9M | 20x | as long as short |
| Aster USARUSDT | 0.0000% | 8h | 16.763 | +0.083% | $27K | $29K | 20x | as long as short |
| Extended USAR-USD | 0.0000% | 1h | 16.754 | +0.031% | $6K | $196K | 10x | as long as short |
| Binance USARUSDT | 0.0000% | 8h | 16.759 | +0.058% | $2.4M | $5.5M | 20x | as long as short |
| Bybit USARUSDT | 0.0000% | 8h | 16.750 | +0.006% | $416K | $290K | 25x | as long as short |
| OKX USAR-USDT-SWAP | 0.0000% | 8h | 16.770 | +0.125% | $887K | $1.9M | 20x | as long as short |
| Gate USAR_USDT | 0.0000% | 8h | 16.780 | +0.185% | $496K | $474K | 20x | as long as short |
| Variational Omni USAR | 0.0000% | 8h | 16.762 | +0.077% | $59K | $8K | — | as long as short |
| GRVT USAR_USDT_Perp | 0.0000% | 8h | 16.754 | +0.030% | $1K | $228K | 10x | as long as short |
| SunX USAR-USDT | 0.0000% | 8h | 16.760 | +0.066% | $1K | $6.6M | 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 | 16.790 | +0.245% | $8K | $8K | 20x | as long as short |
| Lighter RH USARshort | +0.0032% | 1h | 16.750 | +0.006% | $265K | $538K | 10x | |
| Arcus USAR-USD | +0.0040% | 1h | 16.740 | −0.054% | $144K | $63K | 10x | as long as short |
| Vest USAR-USD-PERP | +0.0046% | 1h | 16.750 | +0.006% | — | $49 | 10x | as long as short |
| tradeXYZ xyz:USARlong | +0.0070% | 1h | 16.749 | long leg | $2.5M | $1.1M | 10x | |
| KuCoin USARUSDTM | +0.0100% | 8h | 16.750 | +0.006% | $277K | $203K | 20x | as long as short |
tradeXYZ xyz:USAR
Lighter RH USAR
Bitget USARUSDT
Aster USARUSDT
Extended USAR-USD
Binance USARUSDT
Bybit USARUSDT
OKX USAR-USDT-SWAP
Gate USAR_USDT
Variational Omni USAR
GRVT USAR_USDT_Perp
SunX USAR-USDT
HTX USAR-USDT
KuCoin USARUSDTM