Funding you earn now, next payment 00:00 UTC+0.0407%/8h= +44.6% APRnext payment +$2.04 per $10,000 · paid last 24h −0.018%
Price spread now: BloFin against Aster−0.144%112s7-day average +0.067% · 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—prices read too far apart to compare
costs, in and out, $10k−$810.810% of the position
Funding, last 5 days (all we have)+0.071%+$7 on $10k
+Price spread, last 3 days (all we have)+0.024%+$2 · spread now −0.144%, 7d avg +0.067%
=Together, before fees+0.094%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.211% cheaper against Aster than usual: you would sell low and buy high (spread −0.144% now, against its 7-day average of +0.067%). If the spread goes back, that is −$21 on $10k: about 41 hours of funding at the current rate (+$12 a day). At the pace of the last 5 days (+0.071% in total) that is about 16 days. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.071% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster USELESSUSDT | 0.2846 | 0.1165 | pay 0.0582% / 4h | 49m 22s | $655K | $2.3M | 10x |
| Short | BloFin USELESS-USDT | 0.2842 | 0.1572 | get 0.0786% / 4h | 49m 22s | $1.2M | $2.0M | 12x |
Aster USELESSUSDT
BloFin USELESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $85.49
- Price spread: −0.144% → +0.067%
- −$21.11
- Slippage, 4 orders
- −$60.96
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.58
- Costs to cover
- 0.810%
- Break-even
- 8.4 days
Slippage from Aster: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago | 4.26 bp | 18.8 bp −$19 | 143.7 bp −$1,437 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 4.97 bp | 24.4 bp −$24 | 40.4 bp −$404 | 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 | 0.2846 | −0.028% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2845 | −0.046% | $32K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2838 | −0.285% | $10.0M | $66.6M | 10x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2839 | −0.264% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2838 | −0.306% | $19K | $493K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2836 | −0.358% | $570K | $1.2M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0164% | 1h | 0.2849 | +0.095% | $31K | $153K | 3x | as long as short |
| Aevo USELESS-PERP | +0.0216% | 1h | 0.2839 | −0.262% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0338% | 4h | 0.2848 | +0.067% | $5.3M | $9.9M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0422% | 4h | 0.2849 | +0.112% | $5.4M | $9.3M | 20x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Polymarket Perps USELESS-USD
Aevo USELESS-PERP
KuCoin USELESSUSDTM
Bitget USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0480% | 4h | 0.2843 | −0.134% | $7.1M | $8.2M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0529% | 4h | 0.2841 | −0.182% | $21K | $192K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0534% | 4h | 0.2849 | +0.091% | $10.5M | $5.9M | 50x | as long as short |
| Extended USELESS-USD | +0.0536% | 1h | 0.2848 | +0.075% | $298K | $966K | 5x | as long as short |
| Binance USELESSUSDT | +0.0543% | 4h | 0.2846 | −0.025% | $24.0M | $115.5M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0820% | 1h | 0.2833 | −0.467% | $39K | $701K | 25x | as long as short |
| BingX USELESS-USDT | +0.1162% | 4h | 0.2846 | −0.011% | — | $5.0M | — | as long as short |
| Aster USELESSUSDTlong | +0.1165% | 4h | 0.2846 | long leg | $655K | $2.3M | 10x | |
| Bybit USELESSUSDT | +0.1233% | 4h | 0.2844 | −0.084% | $28.2M | $45.4M | 13x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1337% | 4h | 0.2840 | −0.207% | $22K | $1.4M | 10x | as long as short |
| Variational Omni USELESS | +0.1363% | 4h | 0.2833 | −0.453% | $1.2M | $1.7M | — | as long as short |
| Hyperliquid USELESS | +0.1504% | 1h | 0.2850 | +0.144% | $14.1M | $21.0M | 3x | as long as short |
| BloFin USELESS-USDTshort | +0.1572% | 4h | 0.2842 | −0.144% | $1.2M | $2.0M | 12x | |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2988 | +4.985% | $5K | $9K | 5.5x | as long as short |
Gate USELESS_USDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Extended USELESS-USD
Binance USELESSUSDT
ApeX Omni USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Orderly PERP_USELESS_USDC
Variational Omni USELESS
Hyperliquid USELESS
Injective USELESS/USDC PERP