USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.04 per $10,000 · paid last 24h +0.001%

Price spread now: MEXC against Binance−0.010%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$440.439% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days+0.044%+$4 · spread now −0.010%, 7d avg +0.002%

Together, before fees+0.044%+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance USELESSUSDT	0.2936	0.0692	pay 0.0346% / 4h	2h 45m	$25.3M	$109.1M	50x
Short	MEXC USELESS_USDT	0.2935	0.0684	get 0.0342% / 4h	2h 45m	$10.3M	$5.8M	50x

Funding history

latest

Range statsloading…

MEXC 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 MEXCbpOrdersPrice spread, now −0.010%Rate

Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 3 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, 12 min ago	0.17 bp	12.7 bp −$13	64.1 bp −$641	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.03 bp	9.7 bp −$10	47.5 bp −$475	167.2 bp −$16.7K	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
ApeX Omni USELESSUSDT	+0.0032%	1h	0.2875	−2.068%	$41K	$697K	25x	as long as short
Lighter USELESS	+0.0096%	1h	0.2934	−0.068%	$1.4M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2935	−0.031%	$33K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2934	−0.068%	$10.4M	$65.6M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2931	−0.174%	$29K	$135K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2928	−0.245%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2926	−0.341%	$20K	$376K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2919	−0.579%	$579K	$1.3M	20x	as long as short
KuCoin USELESSUSDTM	+0.0164%	4h	0.2935	−0.014%	$5.5M	$9.5M	12x	as long as short
Aevo USELESS-PERP	+0.0240%	1h	0.2925	−0.353%	$10K	—	3x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate USELESS_USDT	+0.0294%	4h	0.2932	−0.123%	$7.3M	$7.7M	50x	as long as short
Bitget USELESSUSDT	+0.0564%	4h	0.2935	−0.031%	$5.6M	$8.7M	20x	as long as short
edgeX USELESSUSDC	+0.0659%	4h	0.2901	−1.197%	$22K	$189K	10x	as long as short
MEXC USELESS_USDTshort	+0.0684%	4h	0.2935	−0.010%	$10.3M	$5.8M	50x
Extended USELESS-USD	+0.0688%	1h	0.2935	−0.010%	$308K	$967K	5x	as long as short
Binance USELESSUSDTlong	+0.0692%	4h	0.2936	long leg	$25.3M	$109.1M	50x
Orderly PERP_USELESS_USDC	+0.1129%	4h	0.2929	−0.232%	$22K	$1.4M	10x	as long as short
Variational Omni USELESS	+0.1192%	4h	0.2881	−1.866%	$1.1M	$1.7M	—	as long as short
BingX USELESS-USDT	+0.1312%	4h	0.2935	−0.034%	—	$4.9M	—	as long as short
Aster USELESSUSDT	+0.1362%	4h	0.2932	−0.112%	$676K	$2.1M	10x	as long as short
Bybit USELESSUSDT	+0.1446%	4h	0.2935	−0.010%	$29.5M	$42.7M	13x	as long as short
Hyperliquid USELESS	+0.1588%	1h	0.2941	+0.174%	$15.0M	$19.6M	3x	as long as short
BloFin USELESS-USDT	+0.1804%	4h	0.2924	−0.399%	$1.3M	$2.0M	12x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.3092	+5.317%	$5K	$10K	5.5x	as long as short