Funding you earn now, next payment 08:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.37 per $10,000 · paid last 24h −0.101%
Price spread now: Binance against Aster+0.081%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$740.736% of the position
Funding, last 6 days (all we have)−0.382%−$38 on $10k
+Price spread, last 7 days−0.109%−$11 · spread now +0.081%, 7d avg −0.002%
=Together, before fees−0.491%+ Points / potential airdropAster: Stage 5 · farm board−$49 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 Binance is 0.084% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.002%. Mind the row above: over the last 6 days funding on this pair cost −0.382%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster USELESSUSDT | 0.2624 | 0.0286 | pay 0.0143% / 4h | 3h 35m | $519K | $2.4M | 10x |
| Short | Binance USELESSUSDT | 0.2626 | 0.0359 | get 0.0180% / 4h | 3h 35m | $21.9M | $121.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- $15.43
- Price spread: +0.081% → −0.002%
- $8.38
- Slippage, 4 orders
- −$55.57
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.76
- Costs to cover
- 0.736%
- Break-even
- 29.6 days
Slippage from Aster: live order book, 3 min ago; Binance: 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 Aster live order book, 3 min ago | 7.06 bp | 15.2 bp −$15 | 118.6 bp −$1,186 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.76 bp | 19.4 bp −$19 | 61.5 bp −$615 | doesn't fit | doesn't fit |
USELESS on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2630 | +0.227% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2623 | −0.025% | $28K | $18K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2631 | +0.265% | $25K | $232K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2631 | +0.276% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2625 | +0.036% | $18K | $520K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2628 | +0.173% | $605K | $1.1M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0129% | 1h | 0.2633 | +0.360% | $36K | $697K | 25x | as long as short |
| Aevo USELESS-PERP | +0.0168% | 1h | 0.2633 | +0.369% | $9K | — | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0198% | 4h | 0.2631 | +0.288% | $8.9M | $63.6M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0202% | 4h | 0.2625 | +0.036% | $4.8M | $10.7M | 12x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USELESSUSDT | +0.0208% | 4h | 0.2629 | +0.215% | $5.0M | $10.3M | 20x | as long as short |
| Aster USELESSUSDTlong | +0.0286% | 4h | 0.2624 | long leg | $519K | $2.4M | 10x | |
| edgeX USELESSUSDC | +0.0348% | 4h | 0.2636 | +0.491% | $20K | $196K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0350% | 4h | 0.2632 | +0.307% | $10.6M | $6.0M | 50x | as long as short |
| Binance USELESSUSDTshort | +0.0359% | 4h | 0.2626 | +0.081% | $21.9M | $121.7M | 50x | |
| Extended USELESS-USD | +0.0360% | 1h | 0.2631 | +0.273% | $112K | $1.1M | 5x | as long as short |
| Hyperliquid USELESS | +0.0446% | 1h | 0.2632 | +0.318% | $11.6M | $22.6M | 3x | as long as short |
| Variational Omni USELESS | +0.0590% | 4h | 0.2630 | +0.230% | $1.1M | $1.8M | — | as long as short |
| Gate USELESS_USDT | +0.0628% | 4h | 0.2626 | +0.074% | $6.6M | $8.6M | 50x | as long as short |
| Bybit USELESSUSDT | +0.0661% | 4h | 0.2629 | +0.212% | $24.8M | $48.5M | 13x | as long as short |
| BingX USELESS-USDT | +0.0822% | 4h | 0.2637 | +0.497% | — | $5.3M | — | as long as short |
| BloFin USELESS-USDT | +0.0968% | 4h | 0.2622 | −0.055% | $1.1M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1301% | 4h | 0.2628 | +0.158% | $19K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2775 | +5.773% | $5K | $11K | 5.5x | as long as short |
Aster USELESSUSDT
Binance USELESSUSDT
Lighter USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDT
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTM
Bitget USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Extended USELESS-USD
Hyperliquid USELESS
Variational Omni USELESS
Gate USELESS_USDT
Bybit USELESSUSDT
BingX USELESS-USDT
BloFin USELESS-USDT
Injective USELESS/USDC PERP