USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.49 per $10,000 · paid last 24h −0.039%

Price spread now: Bitget against Binance−0.008%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$980.977% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$10 on $10k

Price spread, last 7 days+0.059%+$6 · spread now −0.008%, 7d avg −0.017%

Together, before fees−0.036%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance USELESSUSDT	0.2563	0.0466	pay 0.0233% / 4h	31m 53s	$21.4M	$123.4M	50x
Short	Bitget USELESSUSDT	0.2562	0.0368	get 0.0184% / 4h	31m 53s	$4.9M	$10.4M	20x

Funding history

latest

Range statsloading…

Bitget against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now −0.008%Rate

Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 2 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 11 min ago	0.20 bp	17.9 bp −$18	61.6 bp −$616	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	5.07 bp	30.2 bp −$30	128.8 bp −$1,288	doesn't fit	doesn't fit

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	0.2560	−0.101%	$1.2M	$1.2M	3x	as long as short
Hyperliquid USELESS	+0.0100%	1h	0.2562	−0.035%	$11.4M	$22.8M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2568	+0.215%	$28K	$70K	3x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2565	+0.082%	$34K	$221K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2563	0.000%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2557	−0.211%	$17K	$520K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2563	+0.016%	$575K	$1.1M	20x	as long as short
Aevo USELESS-PERP	+0.0200%	1h	0.2560	−0.104%	$9K	—	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0209%	4h	0.2564	+0.063%	$8.9M	$63.1M	10x	as long as short
Gate USELESS_USDT	+0.0210%	4h	0.2559	−0.129%	$6.4M	$8.7M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin USELESSUSDTM	+0.0240%	4h	0.2560	−0.094%	$4.6M	$10.7M	12x	as long as short
ApeX Omni USELESSUSDT	+0.0285%	1h	0.2553	−0.378%	$33K	$697K	25x	as long as short
Bitget USELESSUSDTshort	+0.0368%	4h	0.2562	−0.008%	$4.9M	$10.4M	20x
edgeX USELESSUSDC	+0.0458%	4h	0.2553	−0.374%	$19K	$196K	10x	as long as short
Extended USELESS-USD	+0.0464%	1h	0.2562	−0.037%	$113K	$1.2M	5x	as long as short
MEXC USELESS_USDT	+0.0464%	4h	0.2563	0.000%	$10.3M	$6.2M	50x	as long as short
Binance USELESSUSDTlong	+0.0466%	4h	0.2563	long leg	$21.4M	$123.4M	50x
Aster USELESSUSDT	+0.0515%	4h	0.2561	−0.049%	$507K	$2.4M	10x	as long as short
Bybit USELESSUSDT	+0.0557%	4h	0.2563	+0.023%	$24.6M	$48.7M	13x	as long as short
BingX USELESS-USDT	+0.0584%	4h	0.2563	+0.008%	—	$5.3M	—	as long as short
Variational Omni USELESS	+0.0751%	4h	0.2540	−0.874%	$1.0M	$1.8M	—	as long as short
BloFin USELESS-USDT	+0.0804%	4h	0.2565	+0.070%	$1.1M	$1.9M	12x	as long as short
Orderly PERP_USELESS_USDC	+0.1324%	4h	0.2564	+0.055%	$19K	$1.2M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2704	+5.522%	$5K	$11K	5.5x	as long as short