USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0979%/8h= −107.2% APRnext payment −$4.89 per $10,000 · paid last 24h −0.222%

Price spread now: OKX against Aster−0.011%7-day average −0.013% · 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−$83as in the Price arb table

costs, in and out, $10k−$830.833% of the position

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.567%−$57 on $10k

Price spread, last 4 days (all we have)−0.066%−$7 · spread now −0.011%, 7d avg −0.013%

Together, before fees−0.633%+ Points / potential airdropAster: Stage 5 · farm board−$63 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$29 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster USELESSUSDT	0.2802	0.1079	pay 0.0539% / 4h	2h 09m	$624K	$2.3M	10x
Short	OKX USELESS-USDT-SWAP	0.2802	0.0100	get 0.0050% / 4h	2h 09m	$9.9M	$65.8M	10x

Funding history

latest

Range statsloading…

OKX against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee AsterbpFee OKXbpOrdersPrice spread, now −0.011%Rate

Slippage from Aster: live order book, 4 min ago; OKX: live order book, 4 min ago.

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	6.57 bp	21.9 bp −$22	136.6 bp −$1,366	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	1.42 bp	20.8 bp −$21	doesn't fit	doesn't fit	doesn't fit

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	0.2801	−0.057%	$1.3M	$1.2M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2803	+0.019%	$31K	$70K	3x	as long as short
OKX USELESS-USDT-SWAPshort	+0.0100%	4h	0.2802	−0.011%	$9.9M	$65.8M	10x
Gate USELESS_USDT	+0.0100%	4h	0.2803	+0.007%	$7.0M	$8.4M	50x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2810	+0.278%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2814	+0.428%	$18K	$502K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2802	−0.018%	$605K	$1.2M	20x	as long as short
KuCoin USELESSUSDTM	+0.0136%	4h	0.2802	−0.025%	$5.2M	$10.4M	12x	as long as short
Aevo USELESS-PERP	+0.0216%	1h	0.2811	+0.311%	$10K	—	3x	as long as short
Polymarket Perps USELESS-USD	+0.0426%	1h	0.2809	+0.239%	$28K	$202K	3x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX USELESSUSDC	+0.0543%	4h	0.2813	+0.387%	$21K	$194K	10x	as long as short
Extended USELESS-USD	+0.0552%	1h	0.2803	+0.015%	$300K	$1.1M	5x	as long as short
MEXC USELESS_USDT	+0.0552%	4h	0.2803	+0.039%	$10.9M	$6.0M	50x	as long as short
Binance USELESSUSDT	+0.0554%	4h	0.2803	+0.039%	$23.8M	$117.0M	50x	as long as short
Bitget USELESSUSDT	+0.0580%	4h	0.2801	−0.046%	$5.4M	$9.8M	20x	as long as short
BingX USELESS-USDT	+0.0738%	4h	0.2803	+0.007%	—	$5.1M	—	as long as short
Bybit USELESSUSDT	+0.0771%	4h	0.2803	+0.014%	$27.2M	$46.3M	13x	as long as short
ApeX Omni USELESSUSDT	+0.0800%	1h	0.2823	+0.735%	$39K	$698K	25x	as long as short
Variational Omni USELESS	+0.0901%	4h	0.2816	+0.484%	$1.2M	$1.7M	—	as long as short
Aster USELESSUSDTlong	+0.1079%	4h	0.2802	long leg	$624K	$2.3M	10x
Hyperliquid USELESS	+0.1282%	1h	0.2803	+0.021%	$14.0M	$20.7M	3x	as long as short
Orderly PERP_USELESS_USDC	+0.1303%	4h	0.2810	+0.278%	$22K	$1.3M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2989	+6.641%	$5K	$9K	5.5x	as long as short