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−0.0955%/8h= −104.6% APRnext payment $4.77 per $10,000 · paid last 24h −0.233%
Price spread now: HTX against Aster+0.204%7-day average −0.083% · 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)−0.597%−$60 on $10k
Price spread, last 3 days (all we have)−0.412%−$41 · spread now +0.204%, 7d avg −0.083%
Together, before fees−1.009%+ Points / potential airdropAster: Stage 5 · farm board−$101 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.287% dearer against Aster than usual: you sell high and buy low (spread +0.204% now, against its 7-day average of −0.083%): +$29 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 5 days (−0.597% in total) that is about 2.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USELESSUSDT0.28320.1055pay 0.0527% / 4h2h 44m$650K$2.2M10x
ShortHTX USELESS-USDT0.28380.0100get 0.0050% / 4h2h 44m$19K$516K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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
−$200.51
Price spread: +0.204% → −0.083%
$28.7
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$191.81
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Aster: live order book, 4 min ago; HTX: live order book, 24 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 Aster live order book, 4 min ago5.60 bp22.7 bp −$23123.3 bp −$1,233doesn't fitdoesn't fit
Sell HTX live order book, 24 min ago35.00 bpdoesn't fitdoesn't fitdoesn'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%1h0.2835+0.123%$1.3M$1.1M3xas long as short
Pacifica USELESS+0.0100%1h0.2832−0.004%$32K$69K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h0.2827−0.170%$10.0M$66.9M10xas long as short
KuCoin USELESSUSDTM+0.0100%4h0.2827−0.153%$5.2M$10.2M12xas long as short
SunX USELESS-USDT+0.0100%4h0.2841+0.314%$1.4M10xas long as short
HTX USELESS-USDTshort+0.0100%4h0.2838+0.204%$19K$516K20x
Phemex USELESSUSDT+0.0100%4h0.2826−0.213%$597K$1.2M20xas long as short
Aevo USELESS-PERP+0.0216%1h0.2832+0.001%$10K3xas long as short
Gate USELESS_USDT+0.0220%4h0.2831−0.043%$7.1M$8.3M50xas long as short
edgeX USELESSUSDC+0.0514%4h0.2839+0.258%$21K$195K10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC USELESS_USDT+0.0524%4h0.2832+0.020%$11.0M$6.0M50xas long as short
Binance USELESSUSDT+0.0526%4h0.2829−0.093%$24.0M$117.6M50xas long as short
Extended USELESS-USD+0.0528%1h0.2834+0.077%$298K$1.2M5xas long as short
Bybit USELESSUSDT+0.0569%4h0.2828−0.142%$27.5M$46.6M13xas long as short
Bitget USELESSUSDT+0.0574%4h0.2832+0.013%$5.4M$9.9M20xas long as short
BingX USELESS-USDT+0.0594%4h0.2835+0.123%$5.1Mas long as short
Polymarket Perps USELESS-USD+0.0684%1h0.2841+0.321%$41K$187K3xas long as short
Variational Omni USELESS+0.0875%4h0.2840+0.300%$1.2M$1.7Mas long as short
BloFin USELESS-USDT+0.0886%4h0.2835+0.119%$1.2M$2.1M12xas long as short
Aster USELESSUSDTlong+0.1055%4h0.2832long leg$650K$2.2M10x
Orderly PERP_USELESS_USDC+0.1256%4h0.2836+0.140%$22K$1.4M10xas long as short
Hyperliquid USELESS+0.1289%1h0.2836+0.165%$14.2M$21.1M3xas long as short
ApeX Omni USELESSUSDT+0.1445%1h0.2842+0.363%$39K$699K25xas long as short
Injective USELESS/USDC PERP+0.5000%1h0.3027+6.885%$5K$9K5.5xas long as short