USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0554%/8h= +60.7% APRnext payment +$2.77 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against Aster+1.506%112s7-day average +0.036% · 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—prices read too far apart to compare

costs, in and out, $10k−$760.759% of the position

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.094%+$9 on $10k

Price spread, last 4 days (all we have)−1.626%−$163 · spread now +1.506%, 7d avg +0.036%

Together, before fees−1.532%+ Points / potential airdropAster: Stage 5 · farm board−$153 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and BloFin is 1.470% dearer against Aster than usual: you sell high and buy low: +$147 more if the spread goes back to its 7-day average of +0.036%. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.094% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster USELESSUSDT	0.2654	0.0100	pay 0.0050% / 4h	2h 39m	$520K	$2.3M	10x
Short	BloFin USELESS-USDT	0.2694	0.0654	get 0.0327% / 4h	2h 39m	$1.1M	$2.0M	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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 AsterbpFee BloFinbpOrdersPrice spread, now +1.506%Rate

Funding earned: $116.32
Price spread: +1.506% → +0.036%: $146.97
Slippage, 4 orders: −$55.86
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: $187.44
Costs to cover: 0.759%
Break-even: from the start

Slippage from Aster: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago	10.41 bp	22.4 bp −$22	144.4 bp −$1,444	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	2.41 bp	20.1 bp −$20	39.6 bp −$396	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	0.2641	−0.473%	$1.2M	$1.2M	3x	as long as short
Hyperliquid USELESS	+0.0100%	1h	0.2655	+0.039%	$11.5M	$22.8M	3x	as long as short
Aster USELESSUSDTlong	+0.0100%	4h	0.2654	long leg	$520K	$2.3M	10x
Pacifica USELESS	+0.0100%	1h	0.2643	−0.407%	$28K	$18K	3x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2643	−0.405%	$25K	$246K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2661	+0.270%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2657	+0.130%	$18K	$519K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2657	+0.119%	$630K	$1.1M	20x	as long as short
Bitget USELESSUSDT	+0.0108%	4h	0.2661	+0.262%	$5.1M	$10.4M	20x	as long as short
KuCoin USELESSUSDTM	+0.0120%	4h	0.2652	−0.088%	$4.8M	$10.6M	12x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo USELESS-PERP	+0.0136%	1h	0.2657	+0.098%	$10K	—	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0139%	4h	0.2661	+0.266%	$9.1M	$64.8M	10x	as long as short
Extended USELESS-USD	+0.0200%	1h	0.2653	−0.029%	$113K	$1.1M	5x	as long as short
Binance USELESSUSDT	+0.0202%	4h	0.2654	−0.011%	$22.1M	$122.1M	50x	as long as short
edgeX USELESSUSDC	+0.0216%	4h	0.2691	+1.406%	$20K	$195K	10x	as long as short
MEXC USELESS_USDT	+0.0222%	4h	0.2655	+0.055%	$10.7M	$6.0M	50x	as long as short
Bybit USELESSUSDT	+0.0345%	4h	0.2658	+0.160%	$25.1M	$48.5M	13x	as long as short
BingX USELESS-USDT	+0.0390%	4h	0.2662	+0.289%	—	$5.3M	—	as long as short
Variational Omni USELESS	+0.0513%	4h	0.2699	+1.703%	$1.1M	$1.8M	—	as long as short
Gate USELESS_USDT	+0.0590%	4h	0.2646	−0.280%	$6.6M	$8.6M	50x	as long as short
BloFin USELESS-USDTshort	+0.0654%	4h	0.2694	+1.506%	$1.1M	$2.0M	12x
ApeX Omni USELESSUSDT	+0.0844%	1h	0.2694	+1.509%	$48K	$698K	25x	as long as short
Orderly PERP_USELESS_USDC	+0.1197%	4h	0.2657	+0.134%	$21K	$1.2M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2826	+6.491%	$5K	$11K	5.5x	as long as short