Funding you earn now, next payment 00:00 UTC+0.0779%/8h= +85.3% APRnext payment +$3.90 per $10,000 · paid last 24h +0.134%
Price spread now: Aster against Bitget−0.282%7-day average −0.010% · 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−$124as in the Price arb table
costs, in and out, $10k−$970.972% of the position
Funding, last 5 days (all we have)+0.434%+$43 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.282%, 7d avg −0.010%
=Together, before fees+0.560%+ Points / potential airdropAster: Stage 5 · farm board+$56 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.273% cheaper against Bitget than usual: you would sell low and buy high (spread −0.282% now, against its 7-day average of −0.010%). If the spread goes back, that is −$27 on $10k: about 28 hours of funding at the current rate (+$23 a day). At the pace of the last 5 days (+0.434% in total) that is about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USELESSUSDT | 0.2928 | 0.0566 | pay 0.0283% / 4h | 2h 46m | $5.6M | $8.7M | 20x |
| Short | Aster USELESSUSDT | 0.2920 | 0.1345 | get 0.0673% / 4h | 2h 46m | $674K | $2.1M | 10x |
Bitget USELESSUSDT
Aster USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- $163.68
- Price spread: −0.282% → −0.010%
- −$27.27
- Slippage, 4 orders
- −$77.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $39.21
- Costs to cover
- 0.972%
- Break-even
- 5.3 days
Slippage from Bitget: live order book, 2 min ago; Aster: live order book, 2 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 Bitget live order book, 2 min ago | 0.17 bp | 23.3 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 6.34 bp | 20.8 bp −$21 | 144.5 bp −$1,445 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni USELESSUSDT | +0.0032% | 1h | 0.2875 | −1.820% | $41K | $697K | 25x | as long as short |
| Lighter USELESS | +0.0096% | 1h | 0.2927 | −0.044% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2919 | −0.301% | $32K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2930 | +0.068% | $10.4M | $65.5M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2924 | −0.130% | $29K | $135K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2928 | −0.024% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2918 | −0.362% | $20K | $376K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2916 | −0.410% | $579K | $1.3M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0152% | 4h | 0.2922 | −0.215% | $5.4M | $9.6M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0240% | 1h | 0.2924 | −0.146% | $10K | — | 3x | as long as short |
ApeX Omni USELESSUSDT
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0256% | 4h | 0.2924 | −0.157% | $7.3M | $7.7M | 50x | as long as short |
| Bitget USELESSUSDTlong | +0.0566% | 4h | 0.2928 | long leg | $5.6M | $8.7M | 20x | |
| edgeX USELESSUSDC | +0.0659% | 4h | 0.2901 | −0.948% | $22K | $189K | 10x | as long as short |
| Extended USELESS-USD | +0.0672% | 1h | 0.2928 | −0.015% | $308K | $967K | 5x | as long as short |
| MEXC USELESS_USDT | +0.0672% | 4h | 0.2928 | +0.003% | $10.3M | $5.8M | 50x | as long as short |
| Binance USELESSUSDT | +0.0686% | 4h | 0.2928 | −0.017% | $25.2M | $109.0M | 50x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1127% | 4h | 0.2925 | −0.120% | $22K | $1.4M | 10x | as long as short |
| Variational Omni USELESS | +0.1192% | 4h | 0.2881 | −1.618% | $1.1M | $1.7M | — | as long as short |
| BingX USELESS-USDT | +0.1312% | 4h | 0.2928 | −0.003% | — | $4.9M | — | as long as short |
| Aster USELESSUSDTshort | +0.1345% | 4h | 0.2920 | −0.282% | $674K | $2.1M | 10x | |
| Bybit USELESSUSDT | +0.1434% | 4h | 0.2933 | +0.167% | $29.5M | $42.6M | 13x | as long as short |
| Hyperliquid USELESS | +0.1577% | 1h | 0.2933 | +0.174% | $15.0M | $19.6M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1804% | 4h | 0.2924 | −0.147% | $1.3M | $2.0M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3092 | +5.583% | $5K | $10K | 5.5x | as long as short |
Gate USELESS_USDT
edgeX USELESSUSDC
Extended USELESS-USD
MEXC USELESS_USDT
Binance USELESSUSDT
Orderly PERP_USELESS_USDC
Variational Omni USELESS
BingX USELESS-USDT
Bybit USELESSUSDT
Hyperliquid USELESS
BloFin USELESS-USDT
Injective USELESS/USDC PERP