Funding you earn now, next payment 00:00 UTC−0.0419%/8h= −45.9% APRnext payment −$2.09 per $10,000 · paid last 24h +0.018%
Price spread now: Aster against BloFin−0.045%52s7-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)+0.166%+$17 · spread now −0.045%, 7d avg −0.067%
=Together, before fees+0.095%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.022% dearer against BloFin than usual: you sell high and buy low (spread −0.045% now, against its 7-day average of −0.067%): +$2 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 5 days (−0.071% in total) that is about 39 hours. The two prices were read 52 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 −$2.09 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 | BloFin USELESS-USDT | 0.2842 | 0.1581 | pay 0.0790% / 4h | 48m 27s | $1.2M | $2.0M | 12x |
| Short | Aster USELESSUSDT | 0.2840 | 0.1162 | get 0.0581% / 4h | 48m 27s | $653K | $2.2M | 10x |
BloFin USELESS-USDT
Aster USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BloFin. 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
- −$87.94
- Price spread: −0.045% → −0.067%
- $2.16
- Slippage, 4 orders
- −$60.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$166.74
- Costs to cover
- 0.810%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Aster: 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 BloFin live order book, 4 min ago | 4.97 bp | 16.6 bp −$17 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 4.26 bp | 21.2 bp −$21 | 124.1 bp −$1,241 | 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 | 0.2841 | −0.028% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2840 | −0.049% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2849 | +0.275% | $10.0M | $66.9M | 10x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2849 | +0.271% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2849 | +0.250% | $19K | $493K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2838 | −0.113% | $570K | $1.2M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0125% | 1h | 0.2843 | +0.060% | $31K | $153K | 3x | as long as short |
| Aevo USELESS-PERP | +0.0216% | 1h | 0.2848 | +0.218% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0334% | 4h | 0.2840 | −0.042% | $5.2M | $9.9M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0418% | 4h | 0.2848 | +0.239% | $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 | +0.0484% | 4h | 0.2841 | −0.018% | $7.1M | $8.2M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0529% | 4h | 0.2841 | −0.013% | $21K | $192K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0542% | 4h | 0.2845 | +0.116% | $10.5M | $6.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0543% | 4h | 0.2846 | +0.162% | $24.0M | $115.6M | 50x | as long as short |
| Extended USELESS-USD | +0.0544% | 1h | 0.2848 | +0.228% | $298K | $966K | 5x | as long as short |
| ApeX Omni USELESSUSDT | +0.0820% | 1h | 0.2833 | −0.299% | $39K | $701K | 25x | as long as short |
| Aster USELESSUSDTshort | +0.1162% | 4h | 0.2840 | −0.045% | $653K | $2.2M | 10x | |
| BingX USELESS-USDT | +0.1162% | 4h | 0.2850 | +0.296% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.1222% | 4h | 0.2846 | +0.172% | $28.2M | $45.4M | 13x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1334% | 4h | 0.2849 | +0.267% | $22K | $1.4M | 10x | as long as short |
| Variational Omni USELESS | +0.1363% | 4h | 0.2833 | −0.285% | $1.2M | $1.7M | — | as long as short |
| Hyperliquid USELESS | +0.1414% | 1h | 0.2848 | +0.222% | $14.1M | $21.0M | 3x | as long as short |
| BloFin USELESS-USDTlong | +0.1581% | 4h | 0.2842 | long leg | $1.2M | $2.0M | 12x | |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3004 | +5.719% | $5K | $9K | 5.5x | as long as short |
Gate USELESS_USDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
ApeX Omni USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Orderly PERP_USELESS_USDC
Variational Omni USELESS
Hyperliquid USELESS
Injective USELESS/USDC PERP