Funding arb · Price arb /

USAR

RWAall USAR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Gate+0.177%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$266as in the Funding arb table

Net, price: spread back to 7d avg − costs−$265as in the Price arb table

costs, in and out, $10k−$2762.758% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 4 days (all we have)−0.242%−$24 · spread now +0.177%, 7d avg +0.066%

Together, before fees−0.142%−$14 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: OKX is 0.111% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate USAR_USDT	16.960	0	get 0.0000% / 8h	4h 13m	$500K	$437K	20x
Short	OKX USAR-USDT-SWAP	16.990	0	get 0.0000% / 8h	4h 13m	$984K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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 GatebpFee OKXbpOrdersPrice spread, now +0.177%Rate

Funding earned: $0
Price spread: +0.177% → +0.066%: $11.06
Slippage, 4 orders: −$250.83
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$264.76
Costs to cover: 2.758%
Break-even: never at this rate

Slippage from Gate: live order book, 42 min ago; OKX: live order book, 3 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 Gate live order book, 42 min ago	8.85 bp	59.4 bp −$59	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	8.83 bp	25.3 bp −$25	538.3 bp −$5,383	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	16.940	−0.118%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.962	+0.014%	$594	$157K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.967	+0.039%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.950	−0.059%	$423K	$272K	25x	as long as short
OKX USAR-USDT-SWAPshort	0.0000%	8h	16.990	+0.177%	$984K	$1.3M	20x
Gate USAR_USDTlong	0.0000%	8h	16.960	long leg	$500K	$437K	20x
Bitget USARUSDT	0.0000%	8h	16.960	0.000%	$345K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.962	+0.012%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.973	+0.076%	$852	$220K	10x	as long as short
SunX USAR-USDT	0.0000%	8h	16.960	0.000%	$2K	$6.8M	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	16.990	+0.177%	$7K	$8K	20x	as long as short
Lighter RH USAR	+0.0032%	1h	16.954	−0.035%	$271K	$575K	10x	as long as short
Arcus USAR-USD	+0.0040%	1h	16.950	−0.059%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.960	0.000%	—	$49	10x	as long as short
tradeXYZ xyz:USAR	+0.0050%	1h	16.958	−0.012%	$2.5M	$951K	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.950	−0.059%	$285K	$150K	20x	as long as short