Funding you earn now, next payment 04:00 UTC−0.0213%/8h= −23.3% APRnext payment −$1.06 per $10,000 · paid last 24h −0.159%
Price spread now: Bitget against Aster+0.046%7-day average −0.017% · 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−$96as in the Price arb table
costs, in and out, $10k−$1031.028% of the position
Funding, last 5 days (all we have)−0.471%−$47 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now +0.046%, 7d avg −0.017%
=Together, before fees−0.427%+ Points / potential airdropAster: Stage 5 · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.063% dearer against Aster than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of −0.017%): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster USELESSUSDT | 0.2621 | 0.0491 | pay 0.0245% / 4h | 6m 29s | $529K | $2.4M | 10x |
| Short | Bitget USELESSUSDT | 0.2622 | 0.0278 | get 0.0139% / 4h | 6m 29s | $5.0M | $10.4M | 20x |
Aster USELESSUSDT
Bitget USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$44.67
- Price spread: +0.046% → −0.017%
- $6.31
- Slippage, 4 orders
- −$82.81
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$141.17
- Costs to cover
- 1.028%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 2.10 bp | 14.9 bp −$15 | 122.3 bp −$1,223 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.00 bp | 30.9 bp −$31 | 107.1 bp −$1,071 | 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 | 0.2620 | −0.030% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2620 | −0.013% | $28K | $53K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2625 | +0.168% | $28K | $228K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2628 | +0.294% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2618 | −0.110% | $18K | $523K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2626 | +0.184% | $590K | $1.0M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0184% | 1h | 0.2622 | +0.042% | $9K | — | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0199% | 4h | 0.2623 | +0.096% | $8.9M | $63.8M | 10x | as long as short |
| Gate USELESS_USDT | +0.0212% | 4h | 0.2620 | −0.034% | $6.5M | $8.8M | 50x | as long as short |
| KuCoin USELESSUSDTM | +0.0246% | 4h | 0.2622 | +0.035% | $4.8M | $10.7M | 12x | as long as short |
Lighter USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
OKX USELESS-USDT-SWAP
Gate USELESS_USDT
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USELESSUSDTshort | +0.0278% | 4h | 0.2622 | +0.046% | $5.0M | $10.4M | 20x | |
| Hyperliquid USELESS | +0.0387% | 1h | 0.2627 | +0.248% | $11.5M | $22.7M | 3x | as long as short |
| Extended USELESS-USD | +0.0408% | 1h | 0.2622 | +0.041% | $113K | $1.1M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0408% | 4h | 0.2625 | +0.176% | $10.6M | $6.2M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0409% | 4h | 0.2615 | −0.228% | $19K | $196K | 10x | as long as short |
| Binance USELESSUSDT | +0.0410% | 4h | 0.2623 | +0.078% | $21.8M | $121.7M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0486% | 1h | 0.2613 | −0.297% | $33K | $693K | 25x | as long as short |
| Aster USELESSUSDTlong | +0.0491% | 4h | 0.2621 | long leg | $529K | $2.4M | 10x | |
| BingX USELESS-USDT | +0.0492% | 4h | 0.2622 | +0.042% | — | $5.3M | — | as long as short |
| Bybit USELESSUSDT | +0.0511% | 4h | 0.2623 | +0.084% | $24.8M | $48.4M | 13x | as long as short |
| Variational Omni USELESS | +0.0639% | 4h | 0.2612 | −0.325% | $1.0M | $1.8M | — | as long as short |
| BloFin USELESS-USDT | +0.0764% | 4h | 0.2625 | +0.176% | $1.1M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1320% | 4h | 0.2628 | +0.268% | $19K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2772 | +5.773% | $5K | $11K | 5.5x | as long as short |
Hyperliquid USELESS
Extended USELESS-USD
MEXC USELESS_USDT
edgeX USELESSUSDC
Binance USELESSUSDT
ApeX Omni USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP