Funding you earn now, next payment 04:00 UTC−0.0926%/8h= −101.4% APRnext payment −$4.63 per $10,000 · paid last 24h −0.221%
Price spread now: Gate against Aster−0.304%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2192.186% of the position
Funding, last 5 days (all we have)−0.533%−$53 on $10k
+Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.304%, 7d avg −0.083%
=Together, before fees−0.356%+ Points / potential airdropAster: Stage 5 · farm board−$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Gate is 0.221% cheaper against Aster than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.083%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster USELESSUSDT | 0.2845 | 0.1026 | pay 0.0513% / 4h | 2h 51m | $654K | $2.3M | 10x |
| Short | Gate USELESS_USDT | 0.2837 | 0.0100 | get 0.0050% / 4h | 2h 51m | $7.1M | $8.3M | 50x |
Aster USELESSUSDT
Gate USELESS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$194.43
- Price spread: −0.304% → −0.083%
- −$22.09
- Slippage, 4 orders
- −$195.56
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$435.08
- Costs to cover
- 2.186%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; Gate: 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 | 6.53 bp | 25.9 bp −$26 | 134.6 bp −$1,346 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 6.01 bp | 76.2 bp −$76 | doesn't fit | 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 | 0.2848 | +0.083% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2834 | −0.383% | $32K | $69K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2847 | +0.048% | $10.0M | $67.5M | 10x | as long as short |
| Gate USELESS_USDTshort | +0.0100% | 4h | 0.2837 | −0.304% | $7.1M | $8.3M | 50x | |
| ApeX Omni USELESSUSDT | +0.0100% | 1h | 0.2834 | −0.392% | $39K | $698K | 25x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2844 | −0.026% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2846 | +0.020% | $19K | $515K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2833 | −0.434% | $599K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0106% | 4h | 0.2843 | −0.061% | $5.2M | $10.2M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2845 | −0.015% | $10K | — | 3x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
ApeX Omni USELESSUSDT
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC USELESS_USDT | +0.0482% | 4h | 0.2846 | +0.013% | $11.1M | $6.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0486% | 4h | 0.2844 | −0.026% | $24.0M | $117.5M | 50x | as long as short |
| Extended USELESS-USD | +0.0488% | 1h | 0.2846 | +0.026% | $298K | $1.2M | 5x | as long as short |
| edgeX USELESSUSDC | +0.0488% | 4h | 0.2844 | −0.024% | $21K | $193K | 10x | as long as short |
| Bitget USELESSUSDT | +0.0572% | 4h | 0.2843 | −0.072% | $5.4M | $9.9M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0611% | 1h | 0.2848 | +0.083% | $45K | $184K | 3x | as long as short |
| Bybit USELESSUSDT | +0.0711% | 4h | 0.2847 | +0.065% | $27.7M | $46.7M | 13x | as long as short |
| BingX USELESS-USDT | +0.0744% | 4h | 0.2843 | −0.068% | — | $5.1M | — | as long as short |
| Variational Omni USELESS | +0.0962% | 4h | 0.2815 | −1.073% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDTlong | +0.1026% | 4h | 0.2845 | long leg | $654K | $2.3M | 10x | |
| BloFin USELESS-USDT | +0.1037% | 4h | 0.2828 | −0.613% | $1.2M | $2.1M | 12x | as long as short |
| Hyperliquid USELESS | +0.1082% | 1h | 0.2849 | +0.139% | $14.2M | $21.0M | 3x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1264% | 4h | 0.2844 | −0.026% | $22K | $1.4M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2984 | +4.891% | $5K | $9K | 5.5x | as long as short |
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
edgeX USELESSUSDC
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
Bybit USELESSUSDT
BingX USELESS-USDT
Variational Omni USELESS
BloFin USELESS-USDT
Hyperliquid USELESS
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP