Funding you earn now, next payment 02:00 UTC−0.0452%/8h= −49.5% APRpaid last 24h −0.113%
Price spread now: Pacifica against Binance−0.150%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.302%−$30 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Pacifica is 0.150% cheaper against Binance 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.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.302% in total (about -15.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USELESSUSDT | 0.2843 | 0.0552 | pay 0.0276% / 4h | 2h 33m | $24.1M | $117.8M | 50x |
| Short | Pacifica USELESS | 0.2839 | 0.0100 | get 0.0013% / 1h | 33m 25s | $32K | $70K | 3x |
Binance USELESSUSDT
Pacifica USELESSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Binance. 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
- −$94.99
- Price spread: −0.150% → 0.000%
- −$15.02
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$128.01
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 min ago; 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 Binance live order book, 10 min ago | 1.06 bp | 17.6 bp −$18 | 77.7 bp −$777 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
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 23 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 | 0.2837 | −0.243% | $1.3M | $1.2M | 3x | as long as short |
| Pacifica USELESSshort | +0.0100% | 1h | 0.2839 | −0.150% | $32K | $70K | 3x | |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2845 | +0.046% | $10.0M | $67.4M | 10x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2843 | −0.035% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2836 | −0.281% | $19K | $518K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2832 | −0.418% | $605K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0122% | 4h | 0.2843 | −0.021% | $5.2M | $10.3M | 12x | as long as short |
| Gate USELESS_USDT | +0.0130% | 4h | 0.2831 | −0.450% | $7.1M | $8.3M | 50x | as long as short |
| Aevo USELESS-PERP | +0.0216% | 1h | 0.2836 | −0.255% | $10K | — | 3x | as long as short |
| edgeX USELESSUSDC | +0.0527% | 4h | 0.2821 | −0.777% | $21K | $194K | 10x | as long as short |
Lighter USELESS
OKX USELESS-USDT-SWAP
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Gate USELESS_USDT
Aevo USELESS-PERP
edgeX USELESSUSDCShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended USELESS-USD | +0.0536% | 1h | 0.2838 | −0.196% | $303K | $1.2M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0536% | 4h | 0.2842 | −0.046% | $11.0M | $6.0M | 50x | as long as short |
| Binance USELESSUSDTlong | +0.0552% | 4h | 0.2843 | long leg | $24.1M | $117.8M | 50x | |
| BingX USELESS-USDT | +0.0580% | 4h | 0.2844 | +0.004% | — | $5.1M | — | as long as short |
| Bitget USELESSUSDT | +0.0582% | 4h | 0.2842 | −0.042% | $5.4M | $9.9M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0608% | 1h | 0.2843 | 0.000% | $34K | $195K | 3x | as long as short |
| Bybit USELESSUSDT | +0.0626% | 4h | 0.2844 | +0.032% | $27.7M | $46.6M | 13x | as long as short |
| Variational Omni USELESS | +0.0890% | 4h | 0.2817 | −0.921% | $1.2M | $1.7M | — | as long as short |
| ApeX Omni USELESSUSDT | +0.0893% | 1h | 0.2817 | −0.932% | $39K | $700K | 25x | as long as short |
| Aster USELESSUSDT | +0.1080% | 4h | 0.2842 | −0.070% | $652K | $2.2M | 10x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1275% | 4h | 0.2843 | −0.007% | $22K | $1.4M | 10x | as long as short |
| Hyperliquid USELESS | +0.1334% | 1h | 0.2846 | +0.081% | $14.2M | $20.9M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2980 | +4.797% | $5K | $9K | 5.5x | as long as short |
Extended USELESS-USD
MEXC USELESS_USDT
BingX USELESS-USDT
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
Bybit USELESSUSDT
Variational Omni USELESS
ApeX Omni USELESSUSDT
Aster USELESSUSDT
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
Injective USELESS/USDC PERP