Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.028%

Price spread now: tradeXYZ against Binance−0.024%7-day average −0.092% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$700.704% of the position

Long on Binance Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.237%+$24 on $10k

Price spread, last 7 days−0.063%−$6 · spread now −0.024%, 7d avg −0.092%

Together, before fees+0.174%+ Points / potential airdroptradeXYZ: Active · farm board+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.068% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.092%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance USARUSDT	16.890	0	get 0.0000% / 8h	3h 38m	$2.4M	$5.2M	20x
Short	tradeXYZ xyz:USAR	16.886	0.0050	get 0.0006% / 1h	38m 05s	$2.5M	$960K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Binance. 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 BinancebpFee tradeXYZbpOrdersPrice spread, now −0.024%Rate

Funding earned: $10.5
Price spread: −0.024% → −0.092%: $6.84
Slippage, 4 orders: −$42.41
Fee Binance: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$53.07
Costs to cover: 0.704%
Break-even: 42.4 days

Slippage from Binance: live order book, 14 min ago; tradeXYZ: live order book, 10 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 Binance live order book, 14 min ago	2.95 bp	20.0 bp −$20	61.8 bp −$618	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	1.77 bp	19.5 bp −$19	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	16.898	+0.045%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.885	−0.028%	$4K	$161K	10x	as long as short
Binance USARUSDTlong	0.0000%	8h	16.890	long leg	$2.4M	$5.2M	20x
Bybit USARUSDT	0.0000%	8h	16.890	0.000%	$423K	$280K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.920	+0.178%	$1.0M	$1.5M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.910	+0.118%	$497K	$444K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.910	+0.118%	$341K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.842	−0.284%	$59K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.847	−0.255%	$843	$223K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.890	0.000%	$2K	$6.7M	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	16.920	+0.178%	$8K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.883	−0.041%	$270K	$561K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.870	−0.118%	$145K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.880	−0.059%	—	$49	10x	as long as short
tradeXYZ xyz:USARshort	+0.0050%	1h	16.886	−0.024%	$2.5M	$960K	10x
KuCoin USARUSDTM	+0.0100%	8h	16.890	0.000%	$282K	$163K	20x	as long as short