Funding you earn now, next payment 07:00 UTC−0.0416%/8h= −45.6% APRpaid last 24h −0.139%
Price spread now: Pacifica against Bybit+0.096%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.369%−$37 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Pacifica is 0.096% dearer against Bybit than usual: you sell high and buy low (spread +0.096% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.369% in total) that is about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USELESSUSDT | 0.2841 | 0.0516 | pay 0.0258% / 4h | 1h 07m | $26.9M | $49.3M | 13x |
| Short | Pacifica USELESS | 0.2844 | 0.0100 | get 0.0013% / 1h | 7m 53s | $30K | $19K | 3x |
Bybit USELESSUSDT
Pacifica USELESSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Bybit. 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
- −$87.37
- Price spread: +0.096% → 0.000%
- $9.64
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$96.73
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 3.69 bp | 23.6 bp −$24 | 51.9 bp −$519 | 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 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 | 0.2841 | 0.000% | $1.3M | $1.3M | 3x | as long as short |
| Pacifica USELESSshort | +0.0100% | 1h | 0.2844 | +0.096% | $30K | $19K | 3x | |
| Bitget USELESSUSDT | +0.0100% | 4h | 0.2840 | −0.035% | $5.4M | $10.5M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2850 | +0.306% | $28K | $266K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2843 | +0.056% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2847 | +0.197% | $20K | $515K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2853 | +0.412% | $654K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0116% | 4h | 0.2841 | +0.004% | $5.2M | $10.6M | 12x | as long as short |
| Aster USELESSUSDT | +0.0116% | 4h | 0.2845 | +0.131% | $557K | $2.2M | 10x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0121% | 4h | 0.2842 | +0.021% | $9.8M | $71.0M | 10x | as long as short |
Lighter USELESS
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Aster USELESSUSDT
OKX USELESS-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERP | +0.0144% | 1h | 0.2844 | +0.092% | $10K | — | 3x | as long as short |
| Hyperliquid USELESS | +0.0170% | 1h | 0.2843 | +0.070% | $12.4M | $23.4M | 3x | as long as short |
| MEXC USELESS_USDT | +0.0266% | 4h | 0.2841 | −0.011% | $11.9M | $6.2M | 50x | as long as short |
| Extended USELESS-USD | +0.0272% | 1h | 0.2841 | −0.007% | $142K | $796K | 5x | as long as short |
| edgeX USELESSUSDC | +0.0275% | 4h | 0.2825 | −0.562% | $21K | $196K | 10x | as long as short |
| Binance USELESSUSDT | +0.0275% | 4h | 0.2842 | +0.021% | $23.6M | $124.5M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0364% | 1h | 0.2820 | −0.739% | $52K | $702K | 25x | as long as short |
| Bybit USELESSUSDTlong | +0.0516% | 4h | 0.2841 | long leg | $26.9M | $49.3M | 13x | |
| BingX USELESS-USDT | +0.0538% | 4h | 0.2841 | +0.011% | — | $5.3M | — | as long as short |
| Variational Omni USELESS | +0.0559% | 4h | 0.2814 | −0.935% | $1.1M | $1.9M | — | as long as short |
| Gate USELESS_USDT | +0.0698% | 4h | 0.2838 | −0.113% | $7.1M | $8.7M | 50x | as long as short |
| BloFin USELESS-USDT | +0.0774% | 4h | 0.2848 | +0.264% | $1.2M | $2.1M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.0952% | 4h | 0.2843 | +0.070% | $22K | $1.5M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3009 | +5.927% | $5K | $11K | 5.5x | as long as short |
Aevo USELESS-PERP
Hyperliquid USELESS
MEXC USELESS_USDT
Extended USELESS-USD
edgeX USELESSUSDC
Binance USELESSUSDT
ApeX Omni USELESSUSDT
BingX USELESS-USDT
Variational Omni USELESS
Gate USELESS_USDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP