USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.191%

Price spread now: Aster against KuCoin−0.056%7-day average +0.056% · 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−$140as in the Price arb table

costs, in and out, $10k−$1291.289% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.432%+$43 on $10k

Price spread, last 7 days+0.019%+$2 · spread now −0.056%, 7d avg +0.056%

Together, before fees+0.451%+ Points / potential airdropAster: Stage 5 · farm board+$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.112% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.056%). If the spread goes back, that is −$11 on $10k: about 15 days of funding at the current rate (+$1 a day). At the pace of the last 6 days (+0.432% in total) that is about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin USELESSUSDTM	0.2612	0.0192	pay 0.0096% / 4h	3h 25m	$4.7M	$10.7M	12x
Short	Aster USELESSUSDT	0.2610	0.0217	get 0.0108% / 4h	3h 25m	$516K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now −0.056%Rate

Funding earned: $5.22
Price spread: −0.056% → +0.056%: −$11.2
Slippage, 4 orders: −$108.91
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$134.89
Costs to cover: 1.289%
Break-even: 187.7 days

Slippage from KuCoin: live order book, 3 min ago; Aster: live order book, 3 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 KuCoin live order book, 3 min ago	8.78 bp	41.4 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	15.47 bp	22.8 bp −$23	137.0 bp −$1,370	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	0.2613	+0.031%	$1.2M	$1.2M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2613	+0.031%	$28K	$18K	3x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2613	+0.027%	$25K	$234K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2614	+0.061%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2612	+0.019%	$18K	$520K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2614	+0.065%	$600K	$1.1M	20x	as long as short
Aevo USELESS-PERP	+0.0168%	1h	0.2614	+0.082%	$9K	—	3x	as long as short
ApeX Omni USELESSUSDT	+0.0169%	1h	0.2619	+0.272%	$36K	$696K	25x	as long as short
Bitget USELESSUSDT	+0.0190%	4h	0.2612	0.000%	$5.0M	$10.3M	20x	as long as short
KuCoin USELESSUSDTMlong	+0.0192%	4h	0.2612	long leg	$4.7M	$10.7M	12x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX USELESS-USDT-SWAP	+0.0193%	4h	0.2615	+0.103%	$8.9M	$63.3M	10x	as long as short
Aster USELESSUSDTshort	+0.0217%	4h	0.2610	−0.056%	$516K	$2.4M	10x
Gate USELESS_USDT	+0.0240%	4h	0.2611	−0.054%	$6.5M	$8.6M	50x	as long as short
edgeX USELESSUSDC	+0.0342%	4h	0.2625	+0.485%	$20K	$196K	10x	as long as short
Extended USELESS-USD	+0.0344%	1h	0.2613	+0.053%	$112K	$1.1M	5x	as long as short
MEXC USELESS_USDT	+0.0344%	4h	0.2614	+0.069%	$10.5M	$6.0M	50x	as long as short
Binance USELESSUSDT	+0.0344%	4h	0.2614	+0.083%	$21.8M	$121.7M	50x	as long as short
Hyperliquid USELESS	+0.0405%	1h	0.2615	+0.111%	$11.4M	$22.7M	3x	as long as short
Variational Omni USELESS	+0.0610%	4h	0.2613	+0.024%	$1.0M	$1.8M	—	as long as short
Bybit USELESSUSDT	+0.0778%	4h	0.2613	+0.054%	$24.6M	$48.5M	13x	as long as short
BingX USELESS-USDT	+0.0936%	4h	0.2614	+0.096%	—	$5.3M	—	as long as short
BloFin USELESS-USDT	+0.1231%	4h	0.2621	+0.360%	$1.1M	$1.9M	12x	as long as short
Orderly PERP_USELESS_USDC	+0.1300%	4h	0.2612	+0.023%	$19K	$1.2M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2770	+6.068%	$5K	$11K	5.5x	as long as short