Funding you earn now, next payment 06:00 UTC+0.4864%/8h= +532.6% APRnext payment +$6.08 per $10,000 · paid last 24h −0.189%
Price spread now: Injective against Aevo+5.054%59s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$146 a day on $10k at the current rate, and Injective is 5.054% dearer against Aevo than usual: you sell high and buy low: +$505 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 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 | Aevo USELESS-PERP | 0.2690 | 0.0136 | pay 0.0017% / 1h | 41m 52s | $10K | — | 3x |
| Short | Injective USELESS/USDC PERP | 0.2826 | 0.5000 | get 0.0625% / 1h | 41m 52s | $5K | $11K | 5.5x |
Aevo USELESS-PERP
Injective USELESS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $1,021.44
- Price spread: +5.054% → 0.000%
- $505.38
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,510.8
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Aevo: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample | — | — | — | — | — |
Aevo and Injective: 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 | 0.2695 | +0.158% | $1.2M | $1.2M | 3x | as long as short |
| Hyperliquid USELESS | +0.0100% | 1h | 0.2696 | +0.207% | $11.7M | $22.5M | 3x | as long as short |
| Aster USELESSUSDT | +0.0100% | 4h | 0.2692 | +0.064% | $528K | $2.3M | 10x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2693 | +0.090% | $29K | $18K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2689 | −0.035% | $26K | $245K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2690 | −0.028% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2682 | −0.295% | $18K | $519K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2695 | +0.166% | $637K | $1.1M | 20x | as long as short |
| Bitget USELESSUSDT | +0.0114% | 4h | 0.2693 | +0.091% | $5.1M | $10.3M | 20x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0120% | 4h | 0.2696 | +0.199% | $9.2M | $65.3M | 10x | as long as short |
Lighter USELESS
Hyperliquid USELESS
Aster USELESSUSDT
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Bitget USELESSUSDT
OKX USELESS-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERPlong | +0.0136% | 1h | 0.2690 | long leg | $10K | — | 3x | |
| KuCoin USELESSUSDTM | +0.0138% | 4h | 0.2690 | −0.020% | $4.9M | $10.6M | 12x | as long as short |
| Extended USELESS-USD | +0.0224% | 1h | 0.2694 | +0.151% | $114K | $1.1M | 5x | as long as short |
| Binance USELESSUSDT | +0.0227% | 4h | 0.2696 | +0.199% | $22.5M | $121.5M | 50x | as long as short |
| MEXC USELESS_USDT | +0.0232% | 4h | 0.2695 | +0.192% | $10.9M | $6.0M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0243% | 4h | 0.2683 | −0.286% | $20K | $197K | 10x | as long as short |
| BingX USELESS-USDT | +0.0390% | 4h | 0.2695 | +0.184% | — | $5.3M | — | as long as short |
| Bybit USELESSUSDT | +0.0407% | 4h | 0.2694 | +0.151% | $25.4M | $48.3M | 13x | as long as short |
| Variational Omni USELESS | +0.0499% | 4h | 0.2676 | −0.545% | $1.1M | $1.8M | — | as long as short |
| Gate USELESS_USDT | +0.0598% | 4h | 0.2687 | −0.124% | $6.7M | $8.5M | 50x | as long as short |
| BloFin USELESS-USDT | +0.0660% | 4h | 0.2688 | −0.098% | $1.1M | $2.0M | 12x | as long as short |
| ApeX Omni USELESSUSDT | +0.0714% | 1h | 0.2684 | −0.232% | $47K | $698K | 25x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1205% | 4h | 0.2694 | +0.155% | $21K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERPshort | +0.5000% | 1h | 0.2826 | +5.054% | $5K | $11K | 5.5x |
KuCoin USELESSUSDTM
Extended USELESS-USD
Binance USELESSUSDT
MEXC USELESS_USDT
edgeX USELESSUSDC
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Gate USELESS_USDT
BloFin USELESS-USDT
ApeX Omni USELESSUSDT
Orderly PERP_USELESS_USDC