Settings8H · net · $10k
Funding arb · Price arb /

USELESS

all USELESS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1010%/8h= +110.6% APRnext payment +$5.05 per $10,000 · paid last 24h +0.233%
Price spread now: Aster against HTX+0.584%7-day average +0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.597%+$60 on $10k
Price spread, last 3 days (all we have)−0.323%−$32 · spread now +0.584%, 7d avg +0.084%
Together, before fees+0.274%+ Points / potential airdropAster: Stage 5 · farm board+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Aster is 0.501% dearer against HTX than usual: you sell high and buy low: +$50 more if the spread goes back to its 7-day average of +0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX USELESS-USDT0.29000.0100pay 0.0050% / 4h3h 12m$19K$511K20x
ShortAster USELESSUSDT0.29170.1110get 0.0555% / 4h3h 12m$672K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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

Funding earned
$212.09
Price spread: +0.584% → +0.084%
$50.06
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$242.16
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: HTX: live order book, 60 min ago; Aster: live order book, just now. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 60 min ago55.28 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, just now6.87 bp22.9 bp −$23130.2 bp −$1,302doesn't fitdoesn't fit

USELESS on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter USELESS+0.0096%1h0.2926+0.876%$1.3M$1.1M3xas long as short
Pacifica USELESS+0.0100%1h0.2905+0.154%$33K$69K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h0.2924+0.817%$10.3M$68.9M10xas long as short
Polymarket Perps USELESS-USD+0.0100%1h0.2906+0.207%$49K$176K3xas long as short
SunX USELESS-USDT+0.0100%4h0.2913+0.438%$1.4M10xas long as short
HTX USELESS-USDTlong+0.0100%4h0.2900long leg$19K$511K20x
Phemex USELESSUSDT+0.0100%4h0.2902+0.041%$613K$1.2M20xas long as short
KuCoin USELESSUSDTM+0.0150%4h0.2917+0.576%$5.4M$10.2M12xas long as short
Aevo USELESS-PERP+0.0200%1h0.2914+0.453%$10K3xas long as short
ApeX Omni USELESSUSDT+0.0377%1h0.2907+0.228%$40K$699K25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX USELESSUSDC+0.0464%4h0.2908+0.257%$22K$194K10xas long as short
MEXC USELESS_USDT+0.0502%4h0.2921+0.700%$11.3M$6.0M50xas long as short
Binance USELESSUSDT+0.0503%4h0.2922+0.738%$24.7M$116.7M50xas long as short
Extended USELESS-USD+0.0504%1h0.2910+0.330%$308K$1.2M5xas long as short
Bitget USELESSUSDT+0.0558%4h0.2928+0.958%$5.6M$9.6M20xas long as short
Gate USELESS_USDT+0.0618%4h0.2920+0.686%$7.3M$8.4M50xas long as short
Bybit USELESSUSDT+0.0839%4h0.2923+0.783%$28.6M$46.4M13xas long as short
BingX USELESS-USDT+0.0866%4h0.2925+0.845%$5.1Mas long as short
Variational Omni USELESS+0.0969%4h0.2879−0.731%$1.2M$1.7Mas long as short
Aster USELESSUSDTshort+0.1110%4h0.2917+0.584%$672K$2.3M10x
BloFin USELESS-USDT+0.1117%4h0.2908+0.276%$1.2M$2.1M12xas long as short
Hyperliquid USELESS+0.1146%1h0.2927+0.910%$14.8M$21.0M3xas long as short
Orderly PERP_USELESS_USDC+0.1246%4h0.2913+0.438%$23K$1.4M10xas long as short
Injective USELESS/USDC PERP+0.5000%1h0.3074+5.992%$5K$9K5.5xas long as short