Funding you earn now, next payment 00:00 UTC+0.1141%/8h= +125.0% APRnext payment +$5.71 per $10,000 · paid last 24h +0.225%
Price spread now: Aster against SunX−0.260%7-day average −0.057% · 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−$182as in the Price arb table
costs, in and out, $10k−$1621.619% of the position
Funding, last 5 days (all we have)+0.551%+$55 on $10k
+Price spread, last 3 days (all we have)+0.717%+$72 · spread now −0.260%, 7d avg −0.057%
=Together, before fees+1.268%+ Points / potential airdropAster: Stage 5 · farm board+$127 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.203% cheaper against SunX than usual: you would sell low and buy high (spread −0.260% now, against its 7-day average of −0.057%). If the spread goes back, that is −$20 on $10k: about 14 hours of funding at the current rate (+$34 a day). At the pace of the last 5 days (+0.551% in total) that is about 47 hours.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.551% in total (about 38.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.71 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 | SunX USELESS-USDT | 0.2831 | 0.0100 | pay 0.0050% / 4h | 1h 40m | — | $1.4M | 10x |
| Short | Aster USELESSUSDT | 0.2824 | 0.1241 | get 0.0621% / 4h | 1h 40m | $653K | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against SunX. 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
- $239.68
- Price spread: −0.260% → −0.057%
- −$20.3
- Slippage, 4 orders
- −$145.95
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $57.43
- Costs to cover
- 1.619%
- Break-even
- 5.3 days
Slippage from SunX: live order book, 4 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 SunX live order book, 4 min ago | 45.08 bp | 63.6 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 6.18 bp | 17.7 bp −$18 | 118.0 bp −$1,180 | 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 | 0.2827 | −0.155% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2828 | −0.113% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2832 | +0.018% | $10.0M | $64.3M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2824 | −0.251% | $27K | $142K | 3x | as long as short |
| SunX USELESS-USDTlong | +0.0100% | 4h | 0.2831 | long leg | — | $1.4M | 10x | |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2837 | +0.191% | $30K | $418K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2817 | −0.509% | $579K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0224% | 1h | 0.2827 | −0.158% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0336% | 4h | 0.2829 | −0.074% | $5.2M | $9.8M | 12x | as long as short |
| Gate USELESS_USDT | +0.0392% | 4h | 0.2829 | −0.088% | $7.1M | $7.9M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USELESSUSDT | +0.0538% | 4h | 0.2834 | +0.081% | $5.5M | $8.9M | 20x | as long as short |
| Binance USELESSUSDT | +0.0566% | 4h | 0.2835 | +0.121% | $24.0M | $111.9M | 50x | as long as short |
| Extended USELESS-USD | +0.0568% | 1h | 0.2832 | +0.014% | $298K | $965K | 5x | as long as short |
| MEXC USELESS_USDT | +0.0568% | 4h | 0.2832 | +0.007% | $10.0M | $5.7M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0570% | 4h | 0.2837 | +0.208% | $21K | $190K | 10x | as long as short |
| ApeX Omni USELESSUSDT | +0.0635% | 1h | 0.2839 | +0.272% | $40K | $700K | 25x | as long as short |
| Hyperliquid USELESS | +0.1188% | 1h | 0.2830 | −0.039% | $14.3M | $20.0M | 3x | as long as short |
| Aster USELESSUSDTshort | +0.1241% | 4h | 0.2824 | −0.260% | $653K | $2.2M | 10x | |
| Orderly PERP_USELESS_USDC | +0.1249% | 4h | 0.2827 | −0.162% | $22K | $1.4M | 10x | as long as short |
| BingX USELESS-USDT | +0.1418% | 4h | 0.2836 | +0.162% | — | $4.9M | — | as long as short |
| Variational Omni USELESS | +0.1517% | 4h | 0.2835 | +0.119% | $1.2M | $1.8M | — | as long as short |
| Bybit USELESSUSDT | +0.1539% | 4h | 0.2835 | +0.127% | $28.7M | $43.4M | 13x | as long as short |
| BloFin USELESS-USDT | +0.1982% | 4h | 0.2825 | −0.215% | $1.2M | $1.9M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3013 | +6.421% | $5K | $9K | 5.5x | as long as short |
SunX USELESS-USDT
Aster USELESSUSDT
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Gate USELESS_USDT
Bitget USELESSUSDT
Binance USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
edgeX USELESSUSDC
ApeX Omni USELESSUSDT
Hyperliquid USELESS
BingX USELESS-USDT
Variational Omni USELESS
Bybit USELESSUSDT
BloFin USELESS-USDT
Injective USELESS/USDC PERP