USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0137%/8h= +15.0% APRnext payment +$0.68 per $10,000 · paid last 24h +0.119%

Price spread now: Aster against Binance+0.095%7-day average 0.000% · 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−$81as in the Price arb table

costs, in and out, $10k−$900.905% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.378%+$38 on $10k

Price spread, last 7 days−0.133%−$13 · spread now +0.095%, 7d avg 0.000%

Together, before fees+0.245%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.094% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance USELESSUSDT	0.2538	0.0531	pay 0.0266% / 4h	49m 58s	$21.2M	$123.0M	50x
Short	Aster USELESSUSDT	0.2540	0.0668	get 0.0334% / 4h	49m 58s	$503K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now +0.095%Rate

Funding earned: $28.73
Price spread: +0.095% → 0.000%: $9.42
Slippage, 4 orders: −$72.46
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$52.31
Costs to cover: 0.905%
Break-even: 19.7 days

Slippage from Binance: live order book, 8 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 Binance live order book, 8 min ago	0.20 bp	13.2 bp −$13	67.9 bp −$679	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	12.36 bp	34.6 bp −$35	171.2 bp −$1,712	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	0.2538	+0.023%	$1.1M	$1.2M	3x	as long as short
Hyperliquid USELESS	+0.0100%	1h	0.2543	+0.212%	$11.5M	$22.6M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2544	+0.245%	$28K	$70K	3x	as long as short
Gate USELESS_USDT	+0.0100%	4h	0.2535	−0.083%	$6.3M	$8.6M	50x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2540	+0.090%	$35K	$219K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2538	+0.027%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2539	+0.051%	$17K	$518K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2537	−0.005%	$556K	$1.1M	20x	as long as short
OKX USELESS-USDT-SWAP	+0.0204%	4h	0.2539	+0.047%	$8.8M	$62.4M	10x	as long as short
Aevo USELESS-PERP	+0.0216%	1h	0.2539	+0.056%	$9K	—	3x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin USELESSUSDTM	+0.0240%	4h	0.2539	+0.051%	$4.6M	$10.6M	12x	as long as short
ApeX Omni USELESSUSDT	+0.0323%	1h	0.2548	+0.413%	$32K	$698K	25x	as long as short
Bitget USELESSUSDT	+0.0452%	4h	0.2537	−0.036%	$4.9M	$10.4M	20x	as long as short
Extended USELESS-USD	+0.0528%	1h	0.2538	+0.027%	$112K	$1.2M	5x	as long as short
MEXC USELESS_USDT	+0.0530%	4h	0.2537	−0.009%	$10.1M	$6.2M	50x	as long as short
Binance USELESSUSDTlong	+0.0531%	4h	0.2538	long leg	$21.2M	$123.0M	50x
edgeX USELESSUSDC	+0.0545%	4h	0.2551	+0.524%	$19K	$196K	10x	as long as short
Aster USELESSUSDTshort	+0.0668%	4h	0.2540	+0.095%	$503K	$2.4M	10x
Bybit USELESSUSDT	+0.0697%	4h	0.2537	−0.036%	$24.3M	$48.6M	13x	as long as short
BingX USELESS-USDT	+0.0714%	4h	0.2537	−0.009%	—	$5.3M	—	as long as short
Variational Omni USELESS	+0.0842%	4h	0.2544	+0.242%	$1.0M	$1.8M	—	as long as short
BloFin USELESS-USDT	+0.0968%	4h	0.2546	+0.318%	$1.1M	$1.9M	12x	as long as short
Orderly PERP_USELESS_USDC	+0.1329%	4h	0.2539	+0.066%	$19K	$1.3M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2703	+6.533%	$5K	$11K	5.5x	as long as short