Funding you earn now, next payment 04:00 UTC+0.0553%/8h= +60.6% APRnext payment +$2.77 per $10,000 · paid last 24h +0.120%
Price spread now: Aster against MEXC−0.011%7-day average −0.044% · 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−$82as in the Price arb table
costs, in and out, $10k−$860.856% of the position
Funding, last 5 days (all we have)+0.379%+$38 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.011%, 7d avg −0.044%
=Together, before fees+0.455%+ Points / potential airdropAster: Stage 5 · farm board+$45 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 0.034% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USELESS_USDT | 0.2825 | 0.0478 | pay 0.0239% / 4h | 3h 42m | $10.7M | $5.9M | 50x |
| Short | Aster USELESSUSDT | 0.2825 | 0.1031 | get 0.0516% / 4h | 3h 42m | $649K | $2.3M | 10x |
MEXC USELESS_USDT
Aster USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against MEXC. 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
- $116.2
- Price spread: −0.011% → −0.044%
- $3.37
- Slippage, 4 orders
- −$69.6
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $33.97
- Costs to cover
- 0.856%
- Break-even
- 5.0 days
Slippage from MEXC: live order book, 5 min ago; Aster: live order book, 5 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 MEXC live order book, 5 min ago | 0.35 bp | 18.1 bp −$18 | 51.4 bp −$514 | 150.7 bp −$15.1K | doesn't fit |
| Sell Aster live order book, 5 min ago | 7.81 bp | 19.6 bp −$20 | 132.7 bp −$1,327 | 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 | 0.2826 | +0.025% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2825 | −0.011% | $32K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2822 | −0.106% | $9.9M | $66.3M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2823 | −0.060% | $46K | $169K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2830 | +0.184% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2818 | −0.262% | $19K | $504K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2821 | −0.145% | $592K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2831 | +0.195% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0210% | 4h | 0.2824 | −0.035% | $5.2M | $10.1M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0398% | 4h | 0.2825 | 0.000% | $5.4M | $9.6M | 20x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
KuCoin USELESSUSDTM
Bitget USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX USELESSUSDC | +0.0466% | 4h | 0.2817 | −0.291% | $21K | $194K | 10x | as long as short |
| MEXC USELESS_USDTlong | +0.0478% | 4h | 0.2825 | long leg | $10.7M | $5.9M | 50x | |
| Binance USELESSUSDT | +0.0479% | 4h | 0.2825 | 0.000% | $23.8M | $116.1M | 50x | as long as short |
| Extended USELESS-USD | +0.0480% | 1h | 0.2822 | −0.094% | $297K | $1.2M | 5x | as long as short |
| Gate USELESS_USDT | +0.0506% | 4h | 0.2821 | −0.131% | $7.1M | $8.3M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0723% | 1h | 0.2810 | −0.531% | $39K | $703K | 25x | as long as short |
| Aster USELESSUSDTshort | +0.1031% | 4h | 0.2825 | −0.011% | $649K | $2.3M | 10x | |
| Variational Omni USELESS | +0.1125% | 4h | 0.2823 | −0.077% | $1.2M | $1.7M | — | as long as short |
| Hyperliquid USELESS | +0.1184% | 1h | 0.2833 | +0.265% | $14.2M | $21.1M | 3x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1292% | 4h | 0.2828 | +0.088% | $22K | $1.4M | 10x | as long as short |
| Bybit USELESSUSDT | +0.1499% | 4h | 0.2826 | +0.050% | $27.8M | $45.9M | 13x | as long as short |
| BloFin USELESS-USDT | +0.2221% | 4h | 0.2830 | +0.173% | $1.2M | $2.0M | 12x | as long as short |
| BingX USELESS-USDT | +0.2322% | 4h | 0.2824 | −0.021% | — | $5.0M | — | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2990 | +5.827% | $5K | $9K | 5.5x | as long as short |
edgeX USELESSUSDC
Binance USELESSUSDT
Extended USELESS-USD
Gate USELESS_USDT
ApeX Omni USELESSUSDT
Variational Omni USELESS
Hyperliquid USELESS
Orderly PERP_USELESS_USDC
Bybit USELESSUSDT
BloFin USELESS-USDT
BingX USELESS-USDT
Injective USELESS/USDC PERP