USAR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.06 per $10,000 · paid last 24h +0.018%

Price spread now: tradeXYZ against Lighter RH0.000%7-day average +0.005% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$670.671% of the position

Long on Lighter RH Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.199%+$20 on $10k

Price spread, last 4 days (all we have)+0.117%+$12 · spread now 0.000%, 7d avg +0.005%

Together, before fees+0.316%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board+$32 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. Mind the row above: over the last 7 days funding on this pair paid +0.199%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH USAR	16.935	0.0032	pay 0.0004% / 1h	21m 47s	$271K	$581K	10x
Short	tradeXYZ xyz:USAR	16.935	−0.0013	pay 0.0002% / 1h	21m 47s	$2.5M	$947K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Lighter RH. 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 Lighter RHbpFee tradeXYZbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$9.42
Price spread: 0.000% → +0.005%: −$0.53
Slippage, 4 orders: −$49.1
Fee Lighter RH: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$77.05
Costs to cover: 0.671%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 41 min ago; tradeXYZ: live order book, 5 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 Lighter RH live order book, 41 min ago	12.98 bp	16.2 bp −$16	25.5 bp −$255	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 5 min ago	2.07 bp	15.4 bp −$15	32.4 bp −$324	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
tradeXYZ xyz:USARshort	−0.0013%	1h	16.935	0.000%	$2.5M	$947K	10x
Aster USARUSDT	0.0000%	8h	16.943	+0.046%	$27K	$29K	20x	as long as short
Extended USAR-USD	0.0000%	1h	16.939	+0.021%	$788	$152K	10x	as long as short
Binance USARUSDT	0.0000%	8h	16.943	+0.050%	$2.4M	$5.1M	20x	as long as short
Bybit USARUSDT	0.0000%	8h	16.940	+0.030%	$423K	$272K	25x	as long as short
OKX USAR-USDT-SWAP	0.0000%	8h	16.970	+0.207%	$1.0M	$1.3M	20x	as long as short
Gate USAR_USDT	0.0000%	8h	16.950	+0.089%	$500K	$436K	20x	as long as short
Bitget USARUSDT	0.0000%	8h	16.950	+0.089%	$345K	$3.7M	20x	as long as short
Variational Omni USAR	0.0000%	8h	16.942	+0.039%	$60K	$8K	—	as long as short
GRVT USAR_USDT_Perp	0.0000%	8h	16.950	+0.087%	$2K	$217K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX USAR-USDT	0.0000%	8h	16.940	+0.030%	$1K	$6.8M	10x	as long as short
HTX USAR-USDT	0.0000%	8h	16.950	+0.089%	$7K	$9K	20x	as long as short
Lighter RH USARlong	+0.0032%	1h	16.935	long leg	$271K	$581K	10x
Arcus USAR-USD	+0.0040%	1h	16.920	−0.089%	$146K	$62K	10x	as long as short
Vest USAR-USD-PERP	+0.0046%	1h	16.960	+0.148%	—	$49	10x	as long as short
KuCoin USARUSDTM	+0.0100%	8h	16.940	+0.030%	$285K	$136K	20x	as long as short