Funding you earn now, next payment 04:00 UTC−0.0392%/8h= −42.9% APRnext payment −$1.96 per $10,000 · paid last 24h −0.222%
Price spread now: OKX against Aster−0.138%7-day average −0.071% · 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−$98as in the Price arb table
costs, in and out, $10k−$920.917% of the position
Funding, last 5 days (all we have)−0.567%−$57 on $10k
+Price spread, last 7 days+0.151%+$15 · spread now −0.138%, 7d avg −0.071%
=Together, before fees−0.416%+ Points / potential airdropAster: Stage 5 · farm board−$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and OKX is 0.067% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.071%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster USELESSUSDT | 0.2556 | 0.0607 | pay 0.0304% / 4h | 43m 59s | $506K | $2.4M | 10x |
| Short | OKX USELESS-USDT-SWAP | 0.2553 | 0.0216 | get 0.0108% / 4h | 43m 59s | $8.9M | $62.9M | 10x |
Aster USELESSUSDT
OKX USELESS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$82.22
- Price spread: −0.138% → −0.071%
- −$6.7
- Slippage, 4 orders
- −$73.69
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$180.61
- Costs to cover
- 0.917%
- Break-even
- never at this rate
Slippage from Aster: live order book, 4 min ago; OKX: live order book, 5 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 | 17.11 bp | 28.3 bp −$28 | 123.0 bp −$1,230 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.16 bp | 20.5 bp −$21 | 112.2 bp −$1,122 | 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 | 0.2555 | −0.056% | $1.2M | $1.2M | 3x | as long as short |
| Hyperliquid USELESS | +0.0100% | 1h | 0.2557 | +0.054% | $11.5M | $22.7M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2554 | −0.096% | $28K | $70K | 3x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2550 | −0.224% | $6.4M | $8.7M | 50x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2559 | +0.116% | $35K | $219K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2558 | +0.058% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2553 | −0.111% | $17K | $519K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2553 | −0.107% | $564K | $1.1M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2554 | −0.087% | $9K | — | 3x | as long as short |
| OKX USELESS-USDT-SWAPshort | +0.0216% | 4h | 0.2553 | −0.138% | $8.9M | $62.9M | 10x |
Lighter USELESS
Hyperliquid USELESS
Pacifica USELESS
Gate USELESS_USDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USELESSUSDTM | +0.0242% | 4h | 0.2553 | −0.115% | $4.6M | $10.6M | 12x | as long as short |
| ApeX Omni USELESSUSDT | +0.0411% | 1h | 0.2545 | −0.435% | $32K | $699K | 25x | as long as short |
| Bitget USELESSUSDT | +0.0418% | 4h | 0.2552 | −0.177% | $4.9M | $10.5M | 20x | as long as short |
| MEXC USELESS_USDT | +0.0500% | 4h | 0.2558 | +0.061% | $10.2M | $6.2M | 50x | as long as short |
| Binance USELESSUSDT | +0.0502% | 4h | 0.2555 | −0.052% | $21.3M | $123.4M | 50x | as long as short |
| Extended USELESS-USD | +0.0504% | 1h | 0.2554 | −0.077% | $112K | $1.2M | 5x | as long as short |
| edgeX USELESSUSDC | +0.0511% | 4h | 0.2542 | −0.566% | $19K | $197K | 10x | as long as short |
| Aster USELESSUSDTlong | +0.0607% | 4h | 0.2556 | long leg | $506K | $2.4M | 10x | |
| BingX USELESS-USDT | +0.0646% | 4h | 0.2556 | −0.001% | — | $5.3M | — | as long as short |
| Bybit USELESSUSDT | +0.0664% | 4h | 0.2553 | −0.126% | $24.4M | $48.8M | 13x | as long as short |
| Variational Omni USELESS | +0.0843% | 4h | 0.2536 | −0.806% | $1.0M | $1.8M | — | as long as short |
| BloFin USELESS-USDT | +0.0925% | 4h | 0.2554 | −0.072% | $1.1M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1323% | 4h | 0.2558 | +0.058% | $19K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2703 | +5.758% | $5K | $11K | 5.5x | as long as short |
KuCoin USELESSUSDTM
ApeX Omni USELESSUSDT
Bitget USELESSUSDT
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
edgeX USELESSUSDC
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP