Settings8H · net · $10k
Funding arb · Price arb /

USELESS

all USELESS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0415%/8h= +45.5% APRnext payment +$2.08 per $10,000 · paid last 24h +0.232%
Price spread now: Aster against HTX+0.268%7-day average +0.078% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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)+0.235%+$23 · spread now +0.268%, 7d avg +0.078%
Together, before fees+0.831%+ Points / potential airdropAster: Stage 5 · farm board+$83 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Aster is 0.190% dearer against HTX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX USELESS-USDT0.25570.0100pay 0.0050% / 4h32m 08s$17K$520K20x
ShortAster USELESSUSDT0.25640.0515get 0.0258% / 4h32m 08s$508K$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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

Funding earned
$87.25
Price spread: +0.268% → +0.078%
$18.98
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$86.23
Costs to cover
0.200%
Break-even
0.1 days
Slippage unknown: HTX: live order book, 26 min ago; Aster: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 26 min ago50.01 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 1 min ago9.74 bp23.6 bp −$24162.5 bp −$1,625doesn't fitdoesn't fit

USELESS on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter USELESS+0.0096%1h0.2560+0.109%$1.2M$1.2M3xas long as short
Hyperliquid USELESS+0.0100%1h0.2562+0.176%$11.4M$22.8M3xas long as short
Pacifica USELESS+0.0100%1h0.2568+0.426%$28K$70K3xas long as short
Polymarket Perps USELESS-USD+0.0100%1h0.2565+0.293%$34K$221K3xas long as short
SunX USELESS-USDT+0.0100%4h0.2563+0.211%$1.4M10xas long as short
HTX USELESS-USDTlong+0.0100%4h0.2557long leg$17K$520K20x
Phemex USELESSUSDT+0.0100%4h0.2563+0.227%$575K$1.1M20xas long as short
Aevo USELESS-PERP+0.0200%1h0.2560+0.107%$9K3xas long as short
OKX USELESS-USDT-SWAP+0.0209%4h0.2561+0.160%$8.9M$63.0M10xas long as short
Gate USELESS_USDT+0.0210%4h0.2558+0.023%$6.4M$8.7M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin USELESSUSDTM+0.0240%4h0.2563+0.235%$4.6M$10.7M12xas long as short
ApeX Omni USELESSUSDT+0.0285%1h0.2553−0.168%$33K$697K25xas long as short
Bitget USELESSUSDT+0.0368%4h0.2559+0.082%$4.9M$10.4M20xas long as short
edgeX USELESSUSDC+0.0458%4h0.2553−0.164%$19K$196K10xas long as short
Extended USELESS-USD+0.0464%1h0.2562+0.167%$113K$1.2M5xas long as short
MEXC USELESS_USDT+0.0464%4h0.2563+0.215%$10.3M$6.2M50xas long as short
Binance USELESSUSDT+0.0466%4h0.2562+0.168%$21.3M$123.4M50xas long as short
Aster USELESSUSDTshort+0.0515%4h0.2564+0.268%$508K$2.4M10x
Bybit USELESSUSDT+0.0557%4h0.2561+0.129%$24.5M$48.7M13xas long as short
BingX USELESS-USDT+0.0584%4h0.2562+0.168%$5.3Mas long as short
Variational Omni USELESS+0.0751%4h0.2540−0.665%$1.0M$1.8Mas long as short
BloFin USELESS-USDT+0.0804%4h0.2565+0.282%$1.1M$1.9M12xas long as short
Orderly PERP_USELESS_USDC+0.1324%4h0.2564+0.266%$19K$1.2M10xas long as short
Injective USELESS/USDC PERP+0.5000%1h0.2704+5.744%$5K$11K5.5xas long as short