Funding you earn now, next payment 00:00 UTC+0.0304%/8h= +33.3% APRnext payment +$0.38 per $10,000 · paid last 24h +0.082%
Price spread now: Extended against Aevo+0.064%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.064% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo USELESS-PERP | 0.2816 | 0.0208 | pay 0.0026% / 1h | 31m 48s | $10K | — | 3x |
| Short | Extended USELESS-USD | 0.2818 | 0.0512 | get 0.0064% / 1h | 31m 48s | $297K | $966K | 5x |
Aevo USELESS-PERP
Extended USELESS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Aevo. 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
- $63.84
- Price spread: +0.064% → 0.000%
- $6.44
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $49.28
- Costs to cover
- 0.210%
- Break-even
- 1.6 days
Slippage unknown: Aevo: no order-book sample; Extended: live order book, 46 min ago. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 46 min ago | 7.80 bp | 22.0 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.2818 | +0.059% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2815 | −0.034% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2815 | −0.062% | $9.9M | $66.3M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2822 | +0.190% | $34K | $157K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2826 | +0.346% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2823 | +0.229% | $19K | $495K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2817 | +0.012% | $570K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERPlong | +0.0208% | 1h | 0.2816 | long leg | $10K | — | 3x | |
| ApeX Omni USELESSUSDT | +0.0235% | 1h | 0.2810 | −0.225% | $39K | $701K | 25x | as long as short |
| KuCoin USELESSUSDTM | +0.0274% | 4h | 0.2816 | +0.002% | $5.2M | $10.0M | 12x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDT
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USELESSUSDT | +0.0336% | 4h | 0.2815 | −0.044% | $5.3M | $9.4M | 20x | as long as short |
| Gate USELESS_USDT | +0.0382% | 4h | 0.2814 | −0.094% | $7.0M | $8.3M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0506% | 4h | 0.2813 | −0.125% | $21K | $192K | 10x | as long as short |
| Binance USELESSUSDT | +0.0508% | 4h | 0.2816 | −0.002% | $23.7M | $116.0M | 50x | as long as short |
| MEXC USELESS_USDT | +0.0510% | 4h | 0.2818 | +0.048% | $10.4M | $6.0M | 50x | as long as short |
| Extended USELESS-USDshort | +0.0512% | 1h | 0.2818 | +0.064% | $297K | $966K | 5x | |
| BingX USELESS-USDT | +0.1040% | 4h | 0.2817 | +0.009% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.1046% | 4h | 0.2816 | −0.002% | $27.8M | $45.7M | 13x | as long as short |
| Aster USELESSUSDT | +0.1111% | 4h | 0.2814 | −0.067% | $647K | $2.3M | 10x | as long as short |
| Variational Omni USELESS | +0.1218% | 4h | 0.2814 | −0.068% | $1.2M | $1.8M | — | as long as short |
| Orderly PERP_USELESS_USDC | +0.1342% | 4h | 0.2822 | +0.211% | $22K | $1.4M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1381% | 4h | 0.2821 | +0.154% | $1.2M | $2.0M | 12x | as long as short |
| Hyperliquid USELESS | +0.1545% | 1h | 0.2821 | +0.154% | $14.0M | $21.0M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2995 | +6.340% | $5K | $9K | 5.5x | as long as short |
Bitget USELESSUSDT
Gate USELESS_USDT
edgeX USELESSUSDC
Binance USELESSUSDT
MEXC USELESS_USDT
BingX USELESS-USDT
Bybit USELESSUSDT
Aster USELESSUSDT
Variational Omni USELESS
Orderly PERP_USELESS_USDC
BloFin USELESS-USDT
Hyperliquid USELESS
Injective USELESS/USDC PERP