Funding you earn now, next payment 00:00 UTC+0.0947%/8h= +103.7% APRnext payment +$4.73 per $10,000 · paid last 24h +0.212%
Price spread now: Aster against Gate−0.132%7-day average +0.085% · 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−$177as in the Price arb table
costs, in and out, $10k−$1551.549% of the position
Funding, last 5 days (all we have)+0.499%+$50 on $10k
+Price spread, last 4 days (all we have)+0.317%+$32 · spread now −0.132%, 7d avg +0.085%
=Together, before fees+0.815%+ Points / potential airdropAster: Stage 5 · farm board+$82 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.217% cheaper against Gate than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of +0.085%). If the spread goes back, that is −$22 on $10k: about 18 hours of funding at the current rate (+$28 a day). At the pace of the last 5 days (+0.499% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate USELESS_USDT | 0.2963 | 0.0442 | pay 0.0221% / 4h | 2h 32m | $7.4M | $7.7M | 50x |
| Short | Aster USELESSUSDT | 0.2959 | 0.1389 | get 0.0694% / 4h | 2h 32m | $683K | $2.1M | 10x |
Gate USELESS_USDT
Aster USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- $198.83
- Price spread: −0.132% → +0.085%
- −$21.67
- Slippage, 4 orders
- −$131.88
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $22.28
- Costs to cover
- 1.549%
- Break-even
- 6.2 days
Slippage from Gate: live order book, 1 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 Gate live order book, 1 min ago | 6.07 bp | 55.9 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 6.74 bp | 19.5 bp −$20 | 128.7 bp −$1,287 | 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 | 0.2967 | +0.132% | $1.4M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2966 | +0.084% | $33K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2965 | +0.057% | $10.5M | $66.3M | 10x | as long as short |
| ApeX Omni USELESSUSDT | +0.0100% | 1h | 0.2929 | −1.161% | $42K | $698K | 25x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2965 | +0.051% | $29K | $137K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2964 | +0.030% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2953 | −0.344% | $20K | $378K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2959 | −0.135% | $589K | $1.3M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0196% | 4h | 0.2964 | +0.024% | $5.5M | $9.6M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0240% | 1h | 0.2968 | +0.152% | $11K | — | 3x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
ApeX Omni USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDTlong | +0.0442% | 4h | 0.2963 | long leg | $7.4M | $7.7M | 50x | |
| Bitget USELESSUSDT | +0.0534% | 4h | 0.2966 | +0.081% | $5.6M | $8.7M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0668% | 4h | 0.2954 | −0.303% | $22K | $189K | 10x | as long as short |
| Binance USELESSUSDT | +0.0679% | 4h | 0.2970 | +0.217% | $25.6M | $109.1M | 50x | as long as short |
| Extended USELESS-USD | +0.0680% | 1h | 0.2968 | +0.167% | $311K | $967K | 5x | as long as short |
| MEXC USELESS_USDT | +0.0682% | 4h | 0.2968 | +0.162% | $10.5M | $5.8M | 50x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1152% | 4h | 0.2966 | +0.101% | $22K | $1.4M | 10x | as long as short |
| BingX USELESS-USDT | +0.1232% | 4h | 0.2969 | +0.172% | — | $4.9M | — | as long as short |
| Variational Omni USELESS | +0.1256% | 4h | 0.2936 | −0.926% | $1.2M | $1.7M | — | as long as short |
| Bybit USELESSUSDT | +0.1366% | 4h | 0.2968 | +0.148% | $29.8M | $42.5M | 13x | as long as short |
| Aster USELESSUSDTshort | +0.1389% | 4h | 0.2959 | −0.132% | $683K | $2.1M | 10x | |
| Hyperliquid USELESS | +0.1564% | 1h | 0.2971 | +0.250% | $15.2M | $19.6M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1730% | 4h | 0.2965 | +0.047% | $1.2M | $2.0M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3123 | +5.369% | $5K | $10K | 5.5x | as long as short |
Bitget USELESSUSDT
edgeX USELESSUSDC
Binance USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
Orderly PERP_USELESS_USDC
BingX USELESS-USDT
Variational Omni USELESS
Bybit USELESSUSDT
Hyperliquid USELESS
BloFin USELESS-USDT
Injective USELESS/USDC PERP