USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0383%/8h= +42.0% APRnext payment +$1.92 per $10,000 · paid last 24h +0.089%

Price spread now: Variational Omni against Bitget−0.746%7-day average +0.112% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.205%+$21 on $10k

Price spread, last 7 days+0.654%+$65 · spread now −0.746%, 7d avg +0.112%

Together, before fees+0.859%+ Points / potential airdropVariational Omni: Active · farm board+$86 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.858% cheaper against Bitget than usual: you would sell low and buy high (spread −0.746% now, against its 7-day average of +0.112%). If the spread goes back, that is −$86 on $10k: about 7.5 days of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget USELESSUSDT	0.2559	0.0368	pay 0.0184% / 4h	32m 06s	$4.9M	$10.4M	20x
Short	Variational Omni USELESS	0.2540	0.0751	get 0.0376% / 4h	32m 06s	$1.0M	$1.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee Variational OmnibpOrdersPrice spread, now −0.746%Rate

Funding earned: $80.49
Price spread: −0.746% → +0.112%: −$85.83
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$17.33
Costs to cover: 0.120%
Break-even: 8.5 days

Slippage unknown: Bitget: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min ago. 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 Bitget live order book, 1 min ago	5.07 bp	31.3 bp −$31	103.6 bp −$1,036	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	3.91 bp	doesn't fit	97.8 bp −$978	doesn't fit	doesn't fit

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	0.2560	+0.027%	$1.2M	$1.2M	3x	as long as short
Hyperliquid USELESS	+0.0100%	1h	0.2562	+0.094%	$11.4M	$22.8M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2568	+0.344%	$28K	$70K	3x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2565	+0.211%	$34K	$221K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2563	+0.129%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2557	−0.082%	$17K	$520K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2563	+0.145%	$575K	$1.1M	20x	as long as short
Aevo USELESS-PERP	+0.0200%	1h	0.2560	+0.025%	$9K	—	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0209%	4h	0.2561	+0.078%	$8.9M	$63.0M	10x	as long as short
Gate USELESS_USDT	+0.0210%	4h	0.2558	−0.059%	$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	0.2563	+0.152%	$4.6M	$10.7M	12x	as long as short
ApeX Omni USELESSUSDT	+0.0285%	1h	0.2553	−0.250%	$33K	$697K	25x	as long as short
Bitget USELESSUSDTlong	+0.0368%	4h	0.2559	long leg	$4.9M	$10.4M	20x
edgeX USELESSUSDC	+0.0458%	4h	0.2553	−0.246%	$19K	$196K	10x	as long as short
Extended USELESS-USD	+0.0464%	1h	0.2562	+0.085%	$113K	$1.2M	5x	as long as short
MEXC USELESS_USDT	+0.0464%	4h	0.2563	+0.133%	$10.3M	$6.2M	50x	as long as short
Binance USELESSUSDT	+0.0466%	4h	0.2562	+0.086%	$21.3M	$123.4M	50x	as long as short
Aster USELESSUSDT	+0.0515%	4h	0.2564	+0.186%	$508K	$2.4M	10x	as long as short
Bybit USELESSUSDT	+0.0557%	4h	0.2561	+0.047%	$24.5M	$48.7M	13x	as long as short
BingX USELESS-USDT	+0.0584%	4h	0.2562	+0.086%	—	$5.3M	—	as long as short
Variational Omni USELESSshort	+0.0751%	4h	0.2540	−0.746%	$1.0M	$1.8M	—
BloFin USELESS-USDT	+0.0804%	4h	0.2565	+0.199%	$1.1M	$1.9M	12x	as long as short
Orderly PERP_USELESS_USDC	+0.1324%	4h	0.2564	+0.184%	$19K	$1.2M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2704	+5.658%	$5K	$11K	5.5x	as long as short