USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0364%/8h= −39.9% APRnext payment −$1.82 per $10,000 · paid last 24h −0.188%

Price spread now: KuCoin against Aster+0.049%7-day average −0.055% · 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−$125as in the Price arb table

costs, in and out, $10k−$1351.352% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.443%−$44 on $10k

Price spread, last 7 days−0.230%−$23 · spread now +0.049%, 7d avg −0.055%

Together, before fees−0.674%+ Points / potential airdropAster: Stage 5 · farm board−$67 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.104% dearer against Aster than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of −0.055%): +$10 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster USELESSUSDT	0.3076	0.0900	pay 0.0450% / 4h	48m 21s	$665K	$2.4M	10x
Short	KuCoin USELESSUSDTM	0.3077	0.0536	get 0.0268% / 4h	48m 21s	$5.8M	$10.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$76.52
Price spread: +0.049% → −0.055%: $10.41
Slippage, 4 orders: −$115.21
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$201.31
Costs to cover: 1.352%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; KuCoin: 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 Aster live order book, 3 min ago	5.57 bp	22.3 bp −$22	65.5 bp −$655	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	5.90 bp	44.6 bp −$45	doesn't fit	doesn't fit	doesn't fit

USELESS on 24 exchanges

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
Pacifica USELESS	+0.0100%	1h	0.3070	−0.182%	$33K	$18K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.3081	+0.172%	—	$1.2M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.3056	−0.637%	$39K	$532K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.3049	−0.868%	$722K	$1.3M	20x	as long as short
Lighter USELESS	+0.0120%	1h	0.3074	−0.059%	$1.4M	$1.1M	3x	as long as short
Polymarket Perps USELESS-USD	+0.0206%	1h	0.3080	+0.159%	$29K	$294K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0283%	4h	0.3077	+0.049%	$11.9M	$75.9M	10x	as long as short
Aevo USELESS-PERP	+0.0304%	1h	0.3080	+0.160%	$11K	—	3x	as long as short
KuCoin USELESSUSDTMshort	+0.0536%	4h	0.3077	+0.049%	$5.8M	$10.2M	10x
Bitget USELESSUSDT	+0.0572%	4h	0.3078	+0.068%	$6.1M	$11.2M	20x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate USELESS_USDT	+0.0838%	4h	0.3069	−0.205%	$7.8M	$8.7M	50x	as long as short
edgeX USELESSUSDC	+0.0877%	4h	0.3061	−0.470%	$23K	$201K	10x	as long as short
ApeX Omni USELESSUSDT	+0.0880%	1h	0.3047	−0.927%	$58K	$699K	25x	as long as short
Aster USELESSUSDTlong	+0.0900%	4h	0.3076	long leg	$665K	$2.4M	10x
MEXC USELESS_USDT	+0.0906%	4h	0.3078	+0.068%	$18.2M	$7.3M	50x	as long as short
Extended USELESS-USD	+0.0912%	1h	0.3078	+0.087%	$302K	$1.9M	5x	as long as short
Binance USELESSUSDT	+0.0914%	4h	0.3080	+0.157%	$27.1M	$133.0M	50x	as long as short
Orderly PERP_USELESS_USDC	+0.1447%	4h	0.3081	+0.175%	$25K	$1.8M	10x	as long as short
BingX USELESS-USDT	+0.1528%	4h	0.3081	+0.188%	—	$5.8M	—	as long as short
Variational Omni USELESS	+0.1609%	4h	0.3065	−0.337%	$1.3M	$1.9M	—	as long as short
Bybit USELESSUSDT	+0.1762%	4h	0.3082	+0.218%	$31.1M	$52.7M	13x	as long as short
Hyperliquid USELESS	+0.1763%	1h	0.3083	+0.228%	$14.7M	$21.6M	3x	as long as short
BloFin USELESS-USDT	+0.2205%	4h	0.3058	−0.576%	$1.4M	$2.5M	12x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.3264	+6.135%	$6K	$10K	5.5x	as long as short