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+0.0950%/8h= +104.0% APRnext payment +$4.75 per $10,000 · paid last 24h +0.232%
Price spread now: Aster against HTX+0.117%7-day average +0.082% · 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)+0.596%+$60 on $10k
Price spread, last 4 days (all we have)+0.777%+$78 · spread now +0.117%, 7d avg +0.082%
Together, before fees+1.373%+ Points / potential airdropAster: Stage 5 · farm board+$137 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Aster is 0.035% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX USELESS-USDT0.27440.0100pay 0.0050% / 4h1h 38m$18K$507K20x
ShortAster USELESSUSDT0.27470.1050get 0.0525% / 4h1h 38m$583K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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
$199.53
Price spread: +0.117% → +0.082%
$3.5
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$183.02
Costs to cover
0.200%
Break-even
0.6 days
Slippage unknown: HTX: live order book, 25 min ago; Aster: live order book, 5 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 HTX live order book, 25 min ago40.47 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 5 min ago2.71 bp16.1 bp −$1678.7 bp −$787doesn'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%1h0.2747+0.113%$1.2M$1.2M3xas long as short
Pacifica USELESS+0.0100%1h0.2748+0.153%$30K$70K3xas long as short
Gate USELESS_USDT+0.0100%4h0.2745+0.018%$6.9M$8.5M50xas long as short
ApeX Omni USELESSUSDT+0.0100%1h0.2752+0.284%$38K$694K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h0.2744−0.007%$33K$210K3xas long as short
SunX USELESS-USDT+0.0100%4h0.2746+0.080%$1.4M10xas long as short
HTX USELESS-USDTlong+0.0100%4h0.2744long leg$18K$507K20x
Phemex USELESSUSDT+0.0100%4h0.2743−0.040%$602K$1.1M20xas long as short
OKX USELESS-USDT-SWAP+0.0127%4h0.2749+0.189%$9.7M$64.7M10xas long as short
KuCoin USELESSUSDTM+0.0196%4h0.2745+0.022%$5.1M$10.4M12xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo USELESS-PERP+0.0232%1h0.2746+0.069%$10K3xas long as short
Bitget USELESSUSDT+0.0516%4h0.2747+0.109%$5.2M$9.9M20xas long as short
Extended USELESS-USD+0.0592%1h0.2746+0.078%$292K$1.1M5xas long as short
MEXC USELESS_USDT+0.0592%4h0.2750+0.204%$10.7M$6.0M50xas long as short
Binance USELESSUSDT+0.0593%4h0.2751+0.237%$23.3M$118.1M50xas long as short
edgeX USELESSUSDC+0.0600%4h0.2751+0.255%$21K$194K10xas long as short
Hyperliquid USELESS+0.0709%1h0.2750+0.208%$13.5M$20.8M3xas long as short
BingX USELESS-USDT+0.0864%4h0.2751+0.233%$5.1Mas long as short
Bybit USELESSUSDT+0.0875%4h0.2749+0.186%$26.6M$46.4M13xas long as short
Variational Omni USELESS+0.0952%4h0.2753+0.310%$1.2M$1.7Mas long as short
Aster USELESSUSDTshort+0.1050%4h0.2747+0.117%$583K$2.3M10x
BloFin USELESS-USDT+0.1170%4h0.2747+0.087%$1.2M$2.0M12xas long as short
Orderly PERP_USELESS_USDC+0.1342%4h0.2746+0.066%$21K$1.3M10xas long as short
Injective USELESS/USDC PERP+0.5000%1h0.2907+5.914%$5K$9K5.5xas long as short