Funding you earn now, next payment 08:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.63 per $10,000 · paid last 24h −0.100%
Price spread now: MEXC against Aster−0.034%7-day average −0.001% · 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−$55as in the Price arb table
costs, in and out, $10k−$520.520% of the position
Funding, last 6 days (all we have)−0.382%−$38 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.034%, 7d avg −0.001%
=Together, before fees−0.374%+ Points / potential airdropAster: Stage 5 · farm board−$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.033% cheaper against Aster than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of −0.001%). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$4 a day). 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 | 0.2667 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $523K | $2.3M | 10x |
| Short | MEXC USELESS_USDT | 0.2666 | 0.0226 | get 0.0113% / 4h | 2h 40m | $10.8M | $6.0M | 50x |
Aster USELESSUSDT
MEXC USELESS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $26.46
- Price spread: −0.034% → −0.001%
- −$3.26
- Slippage, 4 orders
- −$36.04
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$28.84
- Costs to cover
- 0.520%
- Break-even
- 14.6 days
Slippage from Aster: live order book, 3 min ago; MEXC: live order book, 3 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 | 10.41 bp | 22.4 bp −$22 | 144.4 bp −$1,444 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.56 bp | 6.8 bp −$7 | 40.6 bp −$406 | 140.0 bp −$14.0K | 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 | 0.2655 | −0.457% | $1.2M | $1.2M | 3x | as long as short |
| Hyperliquid USELESS | +0.0100% | 1h | 0.2664 | −0.100% | $11.5M | $22.9M | 3x | as long as short |
| Aster USELESSUSDTlong | +0.0100% | 4h | 0.2667 | long leg | $523K | $2.3M | 10x | |
| Pacifica USELESS | +0.0100% | 1h | 0.2657 | −0.387% | $29K | $18K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2665 | −0.094% | $26K | $245K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2701 | +1.267% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2697 | +1.117% | $18K | $519K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2697 | +1.144% | $638K | $1.1M | 20x | as long as short |
| Bitget USELESSUSDT | +0.0108% | 4h | 0.2666 | −0.034% | $5.1M | $10.4M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0126% | 4h | 0.2662 | −0.195% | $4.8M | $10.6M | 12x | as long as short |
Lighter USELESS
Hyperliquid USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Bitget USELESSUSDT
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERP | +0.0136% | 1h | 0.2670 | +0.102% | $10K | — | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0144% | 4h | 0.2664 | −0.101% | $9.1M | $64.8M | 10x | as long as short |
| edgeX USELESSUSDC | +0.0216% | 4h | 0.2691 | +0.909% | $20K | $195K | 10x | as long as short |
| Binance USELESSUSDT | +0.0223% | 4h | 0.2666 | −0.026% | $22.2M | $122.0M | 50x | as long as short |
| Extended USELESS-USD | +0.0224% | 1h | 0.2657 | −0.394% | $113K | $1.1M | 5x | as long as short |
| MEXC USELESS_USDTshort | +0.0226% | 4h | 0.2666 | −0.034% | $10.8M | $6.0M | 50x | |
| Bybit USELESSUSDT | +0.0379% | 4h | 0.2661 | −0.229% | $25.1M | $48.4M | 13x | as long as short |
| BingX USELESS-USDT | +0.0390% | 4h | 0.2665 | −0.060% | — | $5.3M | — | as long as short |
| Variational Omni USELESS | +0.0513% | 4h | 0.2699 | +1.205% | $1.1M | $1.8M | — | as long as short |
| Gate USELESS_USDT | +0.0618% | 4h | 0.2661 | −0.244% | $6.6M | $8.6M | 50x | as long as short |
| BloFin USELESS-USDT | +0.0654% | 4h | 0.2694 | +1.009% | $1.1M | $2.0M | 12x | as long as short |
| ApeX Omni USELESSUSDT | +0.0832% | 1h | 0.2687 | +0.750% | $47K | $698K | 25x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1203% | 4h | 0.2667 | −0.015% | $20K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2826 | +5.969% | $5K | $11K | 5.5x | as long as short |
Aevo USELESS-PERP
OKX USELESS-USDT-SWAP
edgeX USELESSUSDC
Binance USELESSUSDT
Extended USELESS-USD
Bybit USELESSUSDT
BingX USELESS-USDT
Variational Omni USELESS
Gate USELESS_USDT
BloFin USELESS-USDT
ApeX Omni USELESSUSDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP