Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.102%
Price spread now: Aster against edgeX+0.361%80s7-day average −0.068% · 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—prices read too far apart to compare
costs, in and out, $10k−$2672.671% of the position
Funding, last 6 days (all we have)+0.392%+$39 on $10k
+Price spread, last 4 days (all we have)−0.222%−$22 · spread now +0.361%, 7d avg −0.068%
=Together, before fees+0.171%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.429% dearer against edgeX than usual: you sell high and buy low (spread +0.361% now, against its 7-day average of −0.068%): +$43 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 35 days. Mind the row above: over the last 6 days funding on this pair paid +0.392%, so the current rate has only just turned against you. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX USELESSUSDC | 0.2905 | 0.0359 | pay 0.0180% / 4h | 3h 58m | $22K | $199K | 10x |
| Short | Aster USELESSUSDT | 0.2916 | 0.0319 | get 0.0159% / 4h | 3h 58m | $574K | $2.2M | 10x |
edgeX USELESSUSDC
Aster USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against edgeX. 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
- −$8.5
- Price spread: +0.361% → −0.068%
- $42.9
- Slippage, 4 orders
- −$250.08
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$232.68
- Costs to cover
- 2.671%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 39 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 edgeX live order book, 39 min ago | 3.29 bp | 158.5 bp −$158 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 8.44 bp | 19.9 bp −$20 | 150.3 bp −$1,503 | 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 | 0.2918 | +0.447% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2905 | −0.010% | $31K | $19K | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0100% | 4h | 0.2918 | +0.443% | $5.3M | $10.8M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0100% | 4h | 0.2921 | +0.529% | $5.6M | $11.0M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2922 | +0.564% | $28K | $284K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2923 | +0.605% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2936 | +1.059% | $19K | $515K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2918 | +0.457% | $668K | $1.3M | 20x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0130% | 4h | 0.2918 | +0.426% | $10.2M | $74.3M | 10x | as long as short |
| Aevo USELESS-PERP | +0.0176% | 1h | 0.2936 | +1.068% | $11K | — | 3x | as long as short |
Lighter USELESS
Pacifica USELESS
KuCoin USELESSUSDTM
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
OKX USELESS-USDT-SWAP
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster USELESSUSDTshort | +0.0319% | 4h | 0.2916 | +0.361% | $574K | $2.2M | 10x | |
| edgeX USELESSUSDClong | +0.0359% | 4h | 0.2905 | long leg | $22K | $199K | 10x | |
| MEXC USELESS_USDT | +0.0372% | 4h | 0.2920 | +0.495% | $13.0M | $6.3M | 50x | as long as short |
| Binance USELESSUSDT | +0.0372% | 4h | 0.2920 | +0.519% | $24.4M | $127.8M | 50x | as long as short |
| Extended USELESS-USD | +0.0376% | 1h | 0.2922 | +0.564% | $279K | $1.7M | 5x | as long as short |
| ApeX Omni USELESSUSDT | +0.0475% | 1h | 0.2907 | +0.061% | $53K | $701K | 25x | as long as short |
| Gate USELESS_USDT | +0.0534% | 4h | 0.2912 | +0.216% | $7.3M | $8.6M | 50x | as long as short |
| BingX USELESS-USDT | +0.0658% | 4h | 0.2918 | +0.453% | — | $5.4M | — | as long as short |
| Variational Omni USELESS | +0.0743% | 4h | 0.2901 | −0.154% | $1.2M | $1.9M | — | as long as short |
| BloFin USELESS-USDT | +0.0889% | 4h | 0.2911 | +0.209% | $1.2M | $2.2M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.0968% | 4h | 0.2920 | +0.502% | $21K | $1.8M | 10x | as long as short |
| Hyperliquid USELESS | +0.1103% | 1h | 0.2922 | +0.577% | $12.8M | $23.7M | 3x | as long as short |
| Bybit USELESSUSDT | +0.1245% | 4h | 0.2919 | +0.481% | $28.1M | $51.0M | 13x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3062 | +5.393% | $5K | $10K | 5.5x | as long as short |
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
ApeX Omni USELESSUSDT
Gate USELESS_USDT
BingX USELESS-USDT
Variational Omni USELESS
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
Bybit USELESSUSDT
Injective USELESS/USDC PERP