Funding you earn now, next payment 08:00 UTC−0.0271%/8h= −29.7% APRnext payment −$1.36 per $10,000 · paid last 24h +0.073%
Price spread now: Aster against Bybit−0.073%7-day average +0.033% · 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−$810.813% of the position
Funding, last 6 days (all we have)+0.327%+$33 on $10k
+Price spread, last 7 days+0.105%+$11 · spread now −0.073%, 7d avg +0.033%
=Together, before fees+0.432%+ Points / potential airdropAster: Stage 5 · farm board+$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Aster is 0.106% cheaper against Bybit than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.033%). Swap the legs. Mind the row above: over the last 6 days funding on this pair paid +0.327%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USELESSUSDT | 0.2853 | 0.0584 | pay 0.0292% / 4h | 24m 13s | $27.1M | $50.3M | 13x |
| Short | Aster USELESSUSDT | 0.2851 | 0.0313 | get 0.0156% / 4h | 24m 13s | $559K | $2.2M | 10x |
Bybit USELESSUSDT
Aster USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. 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
- −$56.91
- Price spread: −0.073% → +0.033%
- −$10.56
- Slippage, 4 orders
- −$62.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$148.8
- Costs to cover
- 0.813%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 10 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 Bybit live order book, 10 min ago | 1.55 bp | 18.6 bp −$19 | 55.0 bp −$550 | doesn't fit | doesn't fit |
| Sell Aster live order book, 4 min ago | 3.81 bp | 27.7 bp −$28 | 150.6 bp −$1,506 | 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 | 0.2850 | −0.105% | $1.3M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2851 | −0.056% | $30K | $19K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2852 | −0.032% | $9.9M | $72.5M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0100% | 4h | 0.2848 | −0.186% | $5.2M | $10.8M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0100% | 4h | 0.2851 | −0.060% | $5.5M | $10.9M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2858 | +0.161% | $29K | $279K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2852 | −0.032% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2863 | +0.344% | $19K | $515K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2854 | +0.039% | $645K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0160% | 1h | 0.2852 | −0.032% | $10K | — | 3x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTM
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0290% | 4h | 0.2847 | −0.221% | $7.1M | $8.8M | 50x | as long as short |
| Aster USELESSUSDTshort | +0.0313% | 4h | 0.2851 | −0.073% | $559K | $2.2M | 10x | |
| Extended USELESS-USD | +0.0320% | 1h | 0.2852 | −0.031% | $272K | $1.7M | 5x | as long as short |
| Binance USELESSUSDT | +0.0320% | 4h | 0.2852 | −0.021% | $23.7M | $127.0M | 50x | as long as short |
| MEXC USELESS_USDT | +0.0322% | 4h | 0.2853 | 0.000% | $12.7M | $6.3M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0322% | 4h | 0.2882 | +1.008% | $21K | $198K | 10x | as long as short |
| BingX USELESS-USDT | +0.0512% | 4h | 0.2852 | −0.046% | — | $5.4M | — | as long as short |
| ApeX Omni USELESSUSDT | +0.0545% | 1h | 0.2877 | +0.845% | $54K | $701K | 25x | as long as short |
| Bybit USELESSUSDTlong | +0.0584% | 4h | 0.2853 | long leg | $27.1M | $50.3M | 13x | |
| Variational Omni USELESS | +0.0591% | 4h | 0.2855 | +0.060% | $1.2M | $1.9M | — | as long as short |
| BloFin USELESS-USDT | +0.0805% | 4h | 0.2854 | +0.053% | $1.2M | $2.2M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.0955% | 4h | 0.2853 | −0.014% | $21K | $1.7M | 10x | as long as short |
| Hyperliquid USELESS | +0.1059% | 1h | 0.2854 | +0.039% | $12.5M | $23.8M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3027 | +6.103% | $5K | $11K | 5.5x | as long as short |
Gate USELESS_USDT
Extended USELESS-USD
Binance USELESSUSDT
MEXC USELESS_USDT
edgeX USELESSUSDC
BingX USELESS-USDT
ApeX Omni USELESSUSDT
Variational Omni USELESS
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
Injective USELESS/USDC PERP