Carry spread by collateral (estimates)
sUSDS
sUSDe
USDe
| Mar 17, 2024 | n/a | 14.05 | n/a |
| Mar 24, 2024 | n/a | -8.47 | -49.22 |
| Mar 31, 2024 | n/a | -21.18 | -75.61 |
| Apr 7, 2024 | n/a | -7.78 | -51.37 |
| Apr 14, 2024 | n/a | -5.25 | -29.49 |
| Apr 21, 2024 | n/a | -8.1 | -27.94 |
| Apr 28, 2024 | n/a | 0.46 | -24.69 |
| May 5, 2024 | n/a | 2.49 | -20.86 |
| May 12, 2024 | n/a | 1.77 | -18.38 |
| May 19, 2024 | n/a | 2.92 | -19.36 |
| May 26, 2024 | n/a | 6.49 | -18.14 |
| Jun 2, 2024 | n/a | 7.53 | -22.89 |
| Jun 9, 2024 | n/a | 5.55 | -13.96 |
| Jun 16, 2024 | n/a | 0.36 | -12.95 |
| Jun 23, 2024 | n/a | -2.81 | -11.03 |
| Jun 30, 2024 | n/a | -0.77 | -10.41 |
| Jul 7, 2024 | n/a | 1.09 | -9.42 |
| Jul 14, 2024 | n/a | -2.63 | -11.07 |
| Jul 21, 2024 | n/a | -0.84 | -10.39 |
| Jul 28, 2024 | n/a | -1.55 | -10.76 |
| Aug 4, 2024 | n/a | -0.23 | -8.11 |
| Aug 11, 2024 | n/a | -4.48 | -7.99 |
| Aug 18, 2024 | n/a | -2.66 | -8.29 |
| Aug 25, 2024 | n/a | -2.47 | -8.25 |
| Sep 1, 2024 | n/a | -2.46 | -8.28 |
| Sep 8, 2024 | n/a | -2.23 | -7.57 |
| Sep 15, 2024 | n/a | -2.84 | -7.14 |
| Sep 22, 2024 | n/a | -5.61 | -10.36 |
| Sep 29, 2024 | n/a | 0.75 | -8.32 |
| Oct 6, 2024 | n/a | 1.8 | -7.42 |
| Oct 13, 2024 | n/a | 2.54 | -6.56 |
| Oct 20, 2024 | n/a | 3.75 | -6.42 |
| Oct 27, 2024 | n/a | 3.48 | -10.59 |
| Nov 3, 2024 | n/a | 4.62 | -10.05 |
| Nov 10, 2024 | n/a | 4.84 | -9.88 |
| Nov 17, 2024 | n/a | 6.4 | -10.78 |
| Nov 24, 2024 | 4.21 | 5.68 | -10.96 |
| Dec 1, 2024 | 3.66 | 3.11 | -13.92 |
| Dec 8, 2024 | n/a | 1.81 | -16.16 |
| Dec 15, 2024 | n/a | 2.06 | -13.61 |
| Dec 22, 2024 | n/a | -4.01 | -15.2 |
| Dec 29, 2024 | n/a | -2.25 | -13.65 |
| Jan 5, 2025 | 5.54 | -2.43 | -10.53 |
| Jan 12, 2025 | 2.3 | -1.78 | -11.18 |
| Jan 19, 2025 | 2.38 | -2.66 | -13.44 |
| Jan 26, 2025 | 3.3 | -0.1 | -12.91 |
| Feb 2, 2025 | 1.2 | -1.7 | -14.11 |
| Feb 9, 2025 | 2.31 | -2.75 | -14.87 |
| Feb 16, 2025 | 2.27 | -1.85 | -12.38 |
| Feb 23, 2025 | 0.4 | 0.15 | -11.03 |
| Mar 2, 2025 | 0.88 | 0.09 | -9.79 |
| Mar 9, 2025 | 1.66 | -1.22 | -9.04 |
| Mar 16, 2025 | -0.41 | -2.97 | -8.92 |
| Mar 23, 2025 | 0.37 | -1.88 | -8.55 |
| Mar 30, 2025 | 0.32 | 0.36 | -7.98 |
| Apr 6, 2025 | 0.46 | -4.96 | -7.4 |
| Apr 13, 2025 | 0.7 | -1.81 | -6.93 |
| Apr 20, 2025 | 1.2 | -1.77 | -6.68 |
| Apr 27, 2025 | 1.16 | -1.32 | -6.96 |
| May 4, 2025 | 1.42 | -1.11 | -7.57 |
| May 11, 2025 | 1.06 | -2.01 | -9.03 |
| May 18, 2025 | 1.01 | -0.69 | -6.86 |
| May 25, 2025 | 0.56 | -0.76 | -7.56 |
| Jun 1, 2025 | 0.18 | -0.2 | -6.61 |
| Jun 8, 2025 | -0.41 | -0.61 | -6.09 |
| Jun 15, 2025 | 0.73 | -1.83 | -5.57 |
| Jun 22, 2025 | 0.79 | -2.42 | -2.67 |
| Jun 29, 2025 | 0.97 | -3.07 | -2.14 |
| Jul 6, 2025 | 1 | -2.41 | -1.98 |
| Jul 13, 2025 | -0.25 | -0.7 | -1.94 |
| Jul 20, 2025 | 0.29 | 1.52 | -2.15 |
| Jul 27, 2025 | 1.1 | 1.12 | -2.34 |
| Aug 3, 2025 | 2.68 | 0.52 | -2.69 |
| Aug 10, 2025 | 1.55 | -2.44 | -2.89 |
| Aug 17, 2025 | 0.47 | -0.43 | -6.22 |
| Aug 24, 2025 | 2.16 | 0.5 | -7.21 |
| Aug 31, 2025 | 2.07 | 1.32 | -8.22 |
| Sep 7, 2025 | 0.38 | -3.68 | -9.54 |
| Sep 14, 2025 | -0.82 | -0.85 | -8.21 |
| Sep 21, 2025 | 0.05 | -0.81 | -7.6 |
| Sep 28, 2025 | -0.86 | -0.64 | -5.56 |
| Oct 5, 2025 | 2.61 | 0.08 | -4.51 |
| Oct 12, 2025 | 1.67 | -0.59 | -4.13 |
| Oct 19, 2025 | 1.56 | -3.44 | -5.47 |
| Oct 26, 2025 | 2.27 | 0.81 | -3.36 |
| Nov 2, 2025 | 2.24 | 1.65 | -3.07 |
| Nov 9, 2025 | 1.26 | -0.3 | -5.31 |
| Nov 16, 2025 | 1.15 | -1.91 | -7.35 |
| Nov 23, 2025 | 0.87 | -6.16 | -11.57 |
| Nov 30, 2025 | -0.11 | -2.26 | -7.06 |
| Dec 7, 2025 | 0.8 | -1.77 | -6.46 |
| Dec 14, 2025 | 0.68 | -1.55 | -6.1 |
| Dec 21, 2025 | 1.1 | -1.28 | -5.72 |
| Dec 28, 2025 | 1.47 | -1.01 | -5.54 |
| Jan 4, 2026 | 1.15 | -0.19 | -5.01 |
| Jan 11, 2026 | 0.57 | 0.56 | -4.06 |
| Jan 18, 2026 | 0.96 | 1.22 | -3.44 |
| Jan 25, 2026 | 1.02 | 0.67 | -4.23 |
| Feb 1, 2026 | 1.29 | 0.84 | -3.36 |
| Feb 8, 2026 | 1.15 | 1.08 | -3.34 |
| Feb 15, 2026 | 0.86 | 0.99 | -3.06 |
| Feb 22, 2026 | 0.61 | 1.43 | -2.65 |
| Mar 1, 2026 | 0.93 | 0.64 | -2.35 |
| Mar 8, 2026 | 0.53 | 1.05 | -2.38 |
| Mar 15, 2026 | 0.24 | 1.14 | -3.68 |
| Mar 22, 2026 | 0.47 | 1.11 | -3.17 |
| Mar 29, 2026 | 0.59 | 1.29 | -2.32 |
| Apr 5, 2026 | -0.04 | 1.11 | -2.35 |
| Apr 12, 2026 | -0.06 | 1.13 | -1.89 |
| Apr 19, 2026 | -2.1 | 0.04 | -8.59 |
| Apr 26, 2026 | 0.19 | 1.51 | -13.65 |
| May 3, 2026 | 0.2 | 0.67 | -10.18 |
| May 10, 2026 | 0.5 | 0.12 | -7.27 |
| May 17, 2026 | 0.49 | 1.5 | -6.55 |
| May 24, 2026 | 0.32 | 1.34 | -6.34 |
| May 31, 2026 | -0.58 | 1.56 | -5.49 |
| Jun 7, 2026 | 0.22 | 0.19 | -3.61 |
| Jun 14, 2026 | 0.93 | -0.04 | -2.02 |
| Jun 21, 2026 | 0.93 | -0.18 | 0.62 |
| Jun 28, 2026 | 0.88 | -1.21 | 0.58 |
| Jul 5, 2026 | 0.92 | -1.18 | 0.67 |
| Jul 12, 2026 | 0.64 | -0.38 | 0.23 |
| Jul 19, 2026 | 0.47 | 0.54 | 0.66 |
| Jul 26, 2026 | 0.86 | 0.78 | 0.72 |
| Aug 2, 2026 | 0.12 | 0.7 | 0.72 |
| Aug 9, 2026 | 0.42 | 0.47 | 0.65 |
| Aug 16, 2026 | 0.01 | 0.71 | 0.48 |
| Aug 23, 2026 | 0.16 | -0.43 | 0.41 |
| Aug 30, 2026 | -0.02 | 0.14 | 0.58 |
| Sep 6, 2026 | 0.45 | -0.27 | 0.6 |
| Sep 13, 2026 | 0.73 | 0.67 | -0.06 |
| Sep 20, 2026 | -0.58 | 0.52 | 0.74 |
| Sep 27, 2026 | 0.12 | 0.21 | 0.7 |
| Oct 4, 2026 | 0.34 | 0.69 | 0.68 |
MerklSumcap Research