USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h −0.086%

Price spread now: Bybit against Aster+0.148%7-day average −0.035% · 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−$109as in the Price arb table

costs, in and out, $10k−$1271.271% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.330%−$33 on $10k

Price spread, last 7 days−0.119%−$12 · spread now +0.148%, 7d avg −0.035%

Together, before fees−0.449%+ Points / potential airdropAster: Stage 5 · farm board−$45 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 Bybit is 0.182% dearer against Aster than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.035%. Mind the row above: over the last 5 days funding on this pair cost −0.330%, 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	0.2545	0.0726	pay 0.0363% / 4h	57m 17s	$504K	$2.4M	10x
Short	Bybit USELESSUSDT	0.2549	0.0784	get 0.0392% / 4h	57m 17s	$24.5M	$48.5M	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.148%Rate

Funding earned: $12.27
Price spread: +0.148% → −0.035%: $18.23
Slippage, 4 orders: −$108.14
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$96.64
Costs to cover: 1.271%
Break-even: 62.1 days

Slippage from Aster: live order book, 1 min ago; Bybit: 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, 1 min ago	18.09 bp	29.6 bp −$30	133.9 bp −$1,339	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.19 bp	23.8 bp −$24	58.6 bp −$586	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	0.2549	+0.159%	$1.2M	$1.2M	3x	as long as short
Hyperliquid USELESS	+0.0100%	1h	0.2551	+0.234%	$11.6M	$22.6M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2544	−0.037%	$28K	$70K	3x	as long as short
Gate USELESS_USDT	+0.0100%	4h	0.2545	+0.022%	$6.4M	$8.6M	50x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2549	+0.155%	$36K	$219K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2554	+0.360%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2545	+0.018%	$17K	$517K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2548	+0.124%	$558K	$1.1M	20x	as long as short
ApeX Omni USELESSUSDT	+0.0161%	1h	0.2551	+0.242%	$33K	$698K	25x	as long as short
Aevo USELESS-PERP	+0.0224%	1h	0.2549	+0.174%	$9K	—	3x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX USELESS-USDT-SWAP	+0.0224%	4h	0.2552	+0.285%	$8.9M	$62.4M	10x	as long as short
KuCoin USELESSUSDTM	+0.0248%	4h	0.2548	+0.136%	$4.6M	$10.6M	12x	as long as short
Bitget USELESSUSDT	+0.0490%	4h	0.2555	+0.391%	$4.9M	$10.4M	20x	as long as short
MEXC USELESS_USDT	+0.0558%	4h	0.2550	+0.203%	$10.2M	$6.2M	50x	as long as short
Binance USELESSUSDT	+0.0558%	4h	0.2551	+0.262%	$21.4M	$122.6M	50x	as long as short
Extended USELESS-USD	+0.0560%	1h	0.2550	+0.193%	$112K	$1.2M	5x	as long as short
edgeX USELESSUSDC	+0.0568%	4h	0.2553	+0.328%	$19K	$196K	10x	as long as short
Aster USELESSUSDTlong	+0.0726%	4h	0.2545	long leg	$504K	$2.4M	10x
Bybit USELESSUSDTshort	+0.0784%	4h	0.2549	+0.148%	$24.5M	$48.5M	13x
BingX USELESS-USDT	+0.0860%	4h	0.2551	+0.234%	—	$5.3M	—	as long as short
Variational Omni USELESS	+0.0941%	4h	0.2549	+0.160%	$1.0M	$1.8M	—	as long as short
BloFin USELESS-USDT	+0.1045%	4h	0.2548	+0.128%	$1.1M	$1.9M	12x	as long as short
Orderly PERP_USELESS_USDC	+0.1355%	4h	0.2548	+0.124%	$19K	$1.3M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2695	+5.889%	$5K	$11K	5.5x	as long as short