Funding you earn now, next payment 00:00 UTC+0.0563%/8h= +61.6% APRnext payment +$2.81 per $10,000 · paid last 24h +0.107%
Price spread now: Aster against Binance+0.088%7-day average −0.027% · 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−$58as in the Price arb table
costs, in and out, $10k−$690.694% of the position
Funding, last 5 days (all we have)+0.351%+$35 on $10k
+Price spread, last 4 days (all we have)−0.211%−$21 · spread now +0.088%, 7d avg −0.027%
=Together, before fees+0.140%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Aster is 0.115% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USELESSUSDT | 0.2807 | 0.0503 | pay 0.0251% / 4h | 16m 02s | $23.6M | $116.4M | 50x |
| Short | Aster USELESSUSDT | 0.2809 | 0.1066 | get 0.0533% / 4h | 16m 02s | $646K | $2.3M | 10x |
Binance USELESSUSDT
Aster USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- $118.2
- Price spread: +0.088% → −0.027%
- $11.55
- Slippage, 4 orders
- −$51.43
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $60.32
- Costs to cover
- 0.694%
- Break-even
- 3.4 days
Slippage from Binance: live order book, 12 min ago; Aster: 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 Binance live order book, 12 min ago | 0.53 bp | 15.2 bp −$15 | 60.9 bp −$609 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 7.28 bp | 12.4 bp −$12 | 112.1 bp −$1,121 | 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 | 0.2804 | −0.113% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2808 | +0.040% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2802 | −0.188% | $9.9M | $66.2M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2806 | −0.049% | $38K | $161K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2808 | +0.040% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2809 | +0.058% | $19K | $498K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2799 | −0.277% | $569K | $1.2M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0162% | 1h | 0.2816 | +0.322% | $39K | $703K | 25x | as long as short |
| Aevo USELESS-PERP | +0.0208% | 1h | 0.2797 | −0.350% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0212% | 4h | 0.2803 | −0.123% | $5.2M | $10.0M | 12x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDT
Aevo USELESS-PERP
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USELESSUSDT | +0.0304% | 4h | 0.2807 | −0.017% | $5.3M | $9.4M | 20x | as long as short |
| Gate USELESS_USDT | +0.0372% | 4h | 0.2803 | −0.145% | $7.0M | $8.3M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0487% | 4h | 0.2822 | +0.536% | $21K | $193K | 10x | as long as short |
| Binance USELESSUSDTlong | +0.0503% | 4h | 0.2807 | long leg | $23.6M | $116.4M | 50x | |
| Extended USELESS-USD | +0.0504% | 1h | 0.2806 | −0.046% | $295K | $966K | 5x | as long as short |
| MEXC USELESS_USDT | +0.0506% | 4h | 0.2807 | +0.001% | $10.4M | $6.0M | 50x | as long as short |
| BingX USELESS-USDT | +0.0946% | 4h | 0.2807 | −0.006% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.0961% | 4h | 0.2806 | −0.049% | $27.6M | $45.8M | 13x | as long as short |
| Aster USELESSUSDTshort | +0.1066% | 4h | 0.2809 | +0.088% | $646K | $2.3M | 10x | |
| Variational Omni USELESS | +0.1081% | 4h | 0.2807 | −0.011% | $1.2M | $1.8M | — | as long as short |
| BloFin USELESS-USDT | +0.1291% | 4h | 0.2809 | +0.090% | $1.2M | $2.0M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1329% | 4h | 0.2809 | +0.058% | $22K | $1.4M | 10x | as long as short |
| Hyperliquid USELESS | +0.1582% | 1h | 0.2806 | −0.027% | $14.0M | $21.1M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2977 | +6.065% | $5K | $9K | 5.5x | as long as short |
Bitget USELESSUSDT
Gate USELESS_USDT
edgeX USELESSUSDC
Extended USELESS-USD
MEXC USELESS_USDT
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
Injective USELESS/USDC PERP