Funding you earn now, next payment 03:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.18 per $10,000 · paid last 24h −0.030%
Price spread now: Pacifica against Aevo−0.155%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$4 a day on $10k at the current rate, and Pacifica is 0.155% cheaper against Aevo than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo USELESS-PERP | 0.2743 | 0.0240 | pay 0.0030% / 1h | 19m 02s | $10K | — | 3x |
| Short | Pacifica USELESS | 0.2739 | 0.0100 | get 0.0013% / 1h | 19m 02s | $30K | $70K | 3x |
Aevo USELESS-PERP
Pacifica USELESSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$29.4
- Price spread: −0.155% → 0.000%
- −$15.49
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$68.89
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Pacifica: 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 Pacifica no order-book sample | — | — | — | — | — |
Aevo and Pacifica: 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 | 0.2738 | −0.162% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESSshort | +0.0100% | 1h | 0.2739 | −0.155% | $30K | $70K | 3x | |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2738 | −0.177% | $6.9M | $8.6M | 50x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2740 | −0.093% | $39K | $216K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2741 | −0.086% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2737 | −0.213% | $18K | $511K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2739 | −0.129% | $605K | $1.1M | 20x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0202% | 4h | 0.2739 | −0.137% | $9.6M | $64.3M | 10x | as long as short |
| ApeX Omni USELESSUSDT | +0.0238% | 1h | 0.2754 | +0.403% | $38K | $695K | 25x | as long as short |
| Aevo USELESS-PERPlong | +0.0240% | 1h | 0.2743 | long leg | $10K | — | 3x |
Lighter USELESS
Gate USELESS_USDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
OKX USELESS-USDT-SWAP
ApeX Omni USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USELESSUSDTM | +0.0268% | 4h | 0.2742 | −0.042% | $5.0M | $10.4M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0550% | 4h | 0.2740 | −0.104% | $5.3M | $9.9M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0604% | 4h | 0.2754 | +0.395% | $20K | $195K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0622% | 4h | 0.2742 | −0.049% | $10.9M | $6.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0624% | 4h | 0.2739 | −0.129% | $23.2M | $118.0M | 50x | as long as short |
| Extended USELESS-USD | +0.0624% | 1h | 0.2740 | −0.103% | $289K | $1.1M | 5x | as long as short |
| Hyperliquid USELESS | +0.0697% | 1h | 0.2741 | −0.060% | $13.4M | $20.9M | 3x | as long as short |
| BingX USELESS-USDT | +0.0890% | 4h | 0.2741 | −0.086% | — | $5.2M | — | as long as short |
| Bybit USELESSUSDT | +0.0983% | 4h | 0.2740 | −0.097% | $26.4M | $46.5M | 13x | as long as short |
| Variational Omni USELESS | +0.1034% | 4h | 0.2753 | +0.379% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDT | +0.1060% | 4h | 0.2740 | −0.097% | $577K | $2.2M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1310% | 4h | 0.2738 | −0.162% | $1.2M | $2.0M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1391% | 4h | 0.2744 | +0.027% | $21K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2908 | +6.032% | $5K | $9K | 5.5x | as long as short |
KuCoin USELESSUSDTM
Bitget USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
Hyperliquid USELESS
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Aster USELESSUSDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP