USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0946%/8h= −103.6% APRnext payment −$4.73 per $10,000 · paid last 24h −0.232%

Price spread now: SunX against Aster+0.218%7-day average +0.063% · 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−$148as in the Price arb table

costs, in and out, $10k−$1631.634% of the position

Long on Aster Short on SunX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.596%−$60 on $10k

Price spread, last 4 days (all we have)−1.441%−$144 · spread now +0.218%, 7d avg +0.063%

Together, before fees−2.037%+ Points / potential airdropAster: Stage 5 · farm board−$204 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.155% dearer against Aster than usual: you sell high and buy low (spread +0.218% now, against its 7-day average of +0.063%): +$15 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 5 days (−0.596% in total) that is about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster USELESSUSDT	0.2740	0.1046	pay 0.0523% / 4h	1h 18m	$577K	$2.2M	10x
Short	SunX USELESS-USDT	0.2746	0.0100	get 0.0050% / 4h	1h 18m	—	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.218%Rate

Funding earned: −$198.73
Price spread: +0.218% → +0.063%: $15.48
Slippage, 4 orders: −$147.42
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$346.67
Costs to cover: 1.634%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; SunX: live order book, 6 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, 5 min ago	4.57 bp	17.4 bp −$17	86.6 bp −$866	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	44.70 bp	64.0 bp −$64	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	0.2744	+0.119%	$1.2M	$1.2M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2742	+0.042%	$30K	$70K	3x	as long as short
Gate USELESS_USDT	+0.0100%	4h	0.2742	+0.046%	$6.9M	$8.6M	50x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2745	+0.159%	$39K	$216K	3x	as long as short
SunX USELESS-USDTshort	+0.0100%	4h	0.2746	+0.218%	—	$1.4M	10x
HTX USELESS-USDT	+0.0100%	4h	0.2743	+0.101%	$18K	$511K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2740	−0.005%	$606K	$1.1M	20x	as long as short
OKX USELESS-USDT-SWAP	+0.0201%	4h	0.2746	+0.192%	$9.7M	$64.5M	10x	as long as short
ApeX Omni USELESSUSDT	+0.0238%	1h	0.2754	+0.499%	$38K	$695K	25x	as long as short
Aevo USELESS-PERP	+0.0240%	1h	0.2746	+0.201%	$10K	—	3x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin USELESSUSDTM	+0.0270%	4h	0.2744	+0.119%	$5.0M	$10.4M	12x	as long as short
Bitget USELESSUSDT	+0.0546%	4h	0.2745	+0.156%	$5.3M	$9.9M	20x	as long as short
edgeX USELESSUSDC	+0.0604%	4h	0.2754	+0.490%	$20K	$195K	10x	as long as short
Binance USELESSUSDT	+0.0616%	4h	0.2746	+0.214%	$23.3M	$118.0M	50x	as long as short
Extended USELESS-USD	+0.0616%	1h	0.2744	+0.124%	$289K	$1.1M	5x	as long as short
MEXC USELESS_USDT	+0.0622%	4h	0.2743	+0.112%	$10.9M	$6.0M	50x	as long as short
Hyperliquid USELESS	+0.0692%	1h	0.2748	+0.269%	$13.4M	$20.9M	3x	as long as short
BingX USELESS-USDT	+0.0890%	4h	0.2748	+0.272%	—	$5.2M	—	as long as short
Bybit USELESSUSDT	+0.0968%	4h	0.2745	+0.152%	$26.5M	$46.5M	13x	as long as short
Variational Omni USELESS	+0.1034%	4h	0.2753	+0.474%	$1.2M	$1.7M	—	as long as short
Aster USELESSUSDTlong	+0.1046%	4h	0.2740	long leg	$577K	$2.2M	10x
BloFin USELESS-USDT	+0.1310%	4h	0.2738	−0.067%	$1.2M	$2.0M	12x	as long as short
Orderly PERP_USELESS_USDC	+0.1387%	4h	0.2745	+0.181%	$21K	$1.3M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2908	+6.133%	$5K	$9K	5.5x	as long as short