USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0751%/8h= +82.2% APRnext payment +$3.75 per $10,000 · paid last 24h +0.134%

Price spread now: Aster against Bitget+0.215%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$1011.006% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.434%+$43 on $10k

Price spread, last 4 days (all we have)−0.382%−$38 · spread now +0.215%, 7d avg −0.013%

Together, before fees+0.053%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Aster is 0.227% dearer against Bitget than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget USELESSUSDT	0.2793	0.0270	pay 0.0135% / 4h	2m 29s	$5.3M	$9.4M	20x
Short	Aster USELESSUSDT	0.2799	0.1021	get 0.0510% / 4h	2m 29s	$643K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee AsterbpOrdersPrice spread, now +0.215%Rate

Funding earned: $157.67
Price spread: +0.215% → −0.013%: $22.74
Slippage, 4 orders: −$80.61
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: $79.8
Costs to cover: 1.006%
Break-even: 3.5 days

Slippage from Bitget: live order book, 6 min ago; Aster: live order book, 1 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 Bitget live order book, 6 min ago	1.96 bp	27.9 bp −$28	124.2 bp −$1,242	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	5.53 bp	25.6 bp −$26	130.2 bp −$1,302	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	0.2797	+0.158%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2797	+0.153%	$31K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2795	+0.061%	$9.8M	$65.9M	10x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	0.2797	+0.143%	$39K	$701K	25x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2794	+0.050%	$41K	$164K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2799	+0.208%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2797	+0.158%	$18K	$501K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2796	+0.093%	$578K	$1.2M	20x	as long as short
KuCoin USELESSUSDTM	+0.0164%	4h	0.2793	+0.004%	$5.2M	$10.0M	12x	as long as short
Aevo USELESS-PERP	+0.0200%	1h	0.2810	+0.613%	$10K	—	3x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget USELESSUSDTlong	+0.0270%	4h	0.2793	long leg	$5.3M	$9.4M	20x
Gate USELESS_USDT	+0.0334%	4h	0.2792	−0.032%	$7.0M	$8.3M	50x	as long as short
Binance USELESSUSDT	+0.0470%	4h	0.2796	+0.092%	$23.6M	$116.2M	50x	as long as short
MEXC USELESS_USDT	+0.0470%	4h	0.2796	+0.118%	$10.3M	$6.0M	50x	as long as short
Extended USELESS-USD	+0.0472%	1h	0.2796	+0.094%	$295K	$836K	5x	as long as short
edgeX USELESSUSDC	+0.0477%	4h	0.2800	+0.245%	$21K	$193K	10x	as long as short
BingX USELESS-USDT	+0.0868%	4h	0.2797	+0.147%	—	$5.0M	—	as long as short
Bybit USELESSUSDT	+0.0924%	4h	0.2796	+0.100%	$27.4M	$45.7M	13x	as long as short
Variational Omni USELESS	+0.0994%	4h	0.2798	+0.183%	$1.2M	$1.8M	—	as long as short
Aster USELESSUSDTshort	+0.1021%	4h	0.2799	+0.215%	$643K	$2.3M	10x
BloFin USELESS-USDT	+0.1188%	4h	0.2800	+0.265%	$1.2M	$2.0M	12x	as long as short
Orderly PERP_USELESS_USDC	+0.1303%	4h	0.2797	+0.150%	$22K	$1.4M	10x	as long as short
Hyperliquid USELESS	+0.1443%	1h	0.2801	+0.269%	$14.0M	$21.1M	3x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2962	+6.033%	$5K	$9K	5.5x	as long as short