Funding you earn now, next payment 08:00 UTC−0.0485%/8h= −53.1% APRnext payment −$2.43 per $10,000 · paid last 24h −0.002%
Price spread now: Aster against BloFin−0.198%7-day average −0.036% · 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−$92as in the Price arb table
costs, in and out, $10k−$760.759% of the position
Funding, last 6 days (all we have)−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)+0.318%+$32 · spread now −0.198%, 7d avg −0.036%
=Together, before fees+0.224%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Aster is 0.162% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.094% in total (about -6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.43 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin USELESS-USDT | 0.2659 | 0.0585 | pay 0.0293% / 4h | 2h 39m | $1.1M | $2.0M | 12x |
| Short | Aster USELESSUSDT | 0.2654 | 0.0100 | get 0.0050% / 4h | 2h 39m | $520K | $2.3M | 10x |
BloFin USELESS-USDT
Aster USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BloFin. 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
- −$101.93
- Price spread: −0.198% → −0.036%
- −$16.16
- Slippage, 4 orders
- −$55.86
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$193.95
- Costs to cover
- 0.759%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Aster: live order book, 4 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 BloFin live order book, 4 min ago | 2.41 bp | 16.2 bp −$16 | 32.5 bp −$325 | doesn't fit | doesn't fit |
| Sell Aster live order book, 4 min ago | 10.41 bp | 17.0 bp −$17 | 124.2 bp −$1,242 | 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 | 0.2657 | −0.071% | $1.2M | $1.2M | 3x | as long as short |
| Hyperliquid USELESS | +0.0100% | 1h | 0.2659 | −0.008% | $11.5M | $22.8M | 3x | as long as short |
| Aster USELESSUSDTshort | +0.0100% | 4h | 0.2654 | −0.198% | $520K | $2.3M | 10x | |
| Pacifica USELESS | +0.0100% | 1h | 0.2643 | −0.600% | $28K | $18K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2643 | −0.598% | $25K | $246K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2661 | +0.075% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2653 | −0.229% | $18K | $519K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2657 | −0.075% | $630K | $1.1M | 20x | as long as short |
| Bitget USELESSUSDT | +0.0108% | 4h | 0.2658 | −0.034% | $5.1M | $10.4M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0120% | 4h | 0.2655 | −0.150% | $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 | 0.2657 | −0.096% | $10K | — | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0139% | 4h | 0.2660 | +0.041% | $9.1M | $64.8M | 10x | as long as short |
| Extended USELESS-USD | +0.0200% | 1h | 0.2661 | +0.056% | $113K | $1.1M | 5x | as long as short |
| Binance USELESSUSDT | +0.0202% | 4h | 0.2660 | +0.024% | $22.2M | $122.1M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0216% | 4h | 0.2691 | +1.209% | $20K | $195K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0222% | 4h | 0.2661 | +0.079% | $10.8M | $6.0M | 50x | as long as short |
| Bybit USELESSUSDT | +0.0345% | 4h | 0.2656 | −0.109% | $25.1M | $48.5M | 13x | as long as short |
| BingX USELESS-USDT | +0.0390% | 4h | 0.2660 | +0.041% | — | $5.3M | — | as long as short |
| Variational Omni USELESS | +0.0513% | 4h | 0.2699 | +1.505% | $1.1M | $1.8M | — | as long as short |
| BloFin USELESS-USDTlong | +0.0585% | 4h | 0.2659 | long leg | $1.1M | $2.0M | 12x | |
| Gate USELESS_USDT | +0.0590% | 4h | 0.2652 | −0.271% | $6.6M | $8.6M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0844% | 1h | 0.2694 | +1.312% | $48K | $698K | 25x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1197% | 4h | 0.2657 | −0.060% | $21K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2826 | +6.284% | $5K | $11K | 5.5x | as long as short |
Aevo USELESS-PERP
OKX USELESS-USDT-SWAP
Extended USELESS-USD
Binance USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Bybit USELESSUSDT
BingX USELESS-USDT
Variational Omni USELESS
Gate USELESS_USDT
ApeX Omni USELESSUSDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP