USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0494%/8h= +54.1% APRnext payment +$2.47 per $10,000 · paid last 24h −0.069%

Price spread now: BingX against Aster+0.236%7-day average −0.018% · 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−$67as in the Price arb table

costs, in and out, $10k−$930.927% of the position

Long on Aster Short on BingX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.301%−$30 on $10k

Price spread, last 7 days−0.282%−$28 · spread now +0.236%, 7d avg −0.018%

Together, before fees−0.583%+ Points / potential airdropAster: Stage 5 · farm board−$58 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and BingX is 0.254% dearer against Aster than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.018%. Mind the row above: over the last 6 days funding on this pair cost −0.301%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster USELESSUSDT	0.2636	0.0100	pay 0.0050% / 4h	3h 07m	$521K	$2.4M	10x
Short	BingX USELESS-USDT	0.2643	0.0594	get 0.0297% / 4h	3h 07m	—	$5.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee AsterbpFee BingXbpOrdersPrice spread, now +0.236%Rate

Funding earned: $103.74
Price spread: +0.236% → −0.018%: $25.38
Slippage, 4 orders: −$74.73
Fee Aster: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: $36.4
Costs to cover: 0.927%
Break-even: 4.5 days

Slippage from Aster: live order book, 1 min ago; BingX: live order book, 12 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 Aster live order book, 1 min ago	14.40 bp	32.3 bp −$32	122.0 bp −$1,220	doesn't fit	doesn't fit
Sell BingX live order book, 12 min ago	0.19 bp	23.0 bp −$23	69.3 bp −$693	404.0 bp −$40.4K	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	0.2642	+0.229%	$1.2M	$1.2M	3x	as long as short
Aster USELESSUSDTlong	+0.0100%	4h	0.2636	long leg	$521K	$2.4M	10x
Pacifica USELESS	+0.0100%	1h	0.2630	−0.242%	$28K	$18K	3x	as long as short
Gate USELESS_USDT	+0.0100%	4h	0.2633	−0.109%	$6.6M	$8.7M	50x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2636	−0.003%	$25K	$238K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2636	−0.006%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2641	+0.160%	$18K	$519K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2639	+0.096%	$615K	$1.1M	20x	as long as short
Bitget USELESSUSDT	+0.0116%	4h	0.2644	+0.278%	$5.0M	$10.3M	20x	as long as short
Aevo USELESS-PERP	+0.0152%	1h	0.2635	−0.041%	$9K	—	3x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX USELESS-USDT-SWAP	+0.0154%	4h	0.2642	+0.229%	$9.0M	$63.8M	10x	as long as short
KuCoin USELESSUSDTM	+0.0180%	4h	0.2636	−0.025%	$4.8M	$10.7M	12x	as long as short
MEXC USELESS_USDT	+0.0286%	4h	0.2643	+0.244%	$10.7M	$6.1M	50x	as long as short
Binance USELESSUSDT	+0.0287%	4h	0.2643	+0.259%	$22.1M	$121.7M	50x	as long as short
Extended USELESS-USD	+0.0288%	1h	0.2642	+0.231%	$112K	$1.1M	5x	as long as short
edgeX USELESSUSDC	+0.0305%	4h	0.2640	+0.140%	$20K	$196K	10x	as long as short
Hyperliquid USELESS	+0.0347%	1h	0.2643	+0.263%	$11.5M	$22.5M	3x	as long as short
ApeX Omni USELESSUSDT	+0.0369%	1h	0.2634	−0.090%	$36K	$695K	25x	as long as short
Bybit USELESSUSDT	+0.0449%	4h	0.2640	+0.126%	$24.9M	$48.3M	13x	as long as short
Variational Omni USELESS	+0.0589%	4h	0.2624	−0.471%	$1.0M	$1.8M	—	as long as short
BingX USELESS-USDTshort	+0.0594%	4h	0.2643	+0.236%	—	$5.3M	—
BloFin USELESS-USDT	+0.0723%	4h	0.2631	−0.208%	$1.1M	$1.9M	12x	as long as short
Orderly PERP_USELESS_USDC	+0.1270%	4h	0.2642	+0.221%	$20K	$1.2M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2792	+5.918%	$5K	$11K	5.5x	as long as short