Funding you earn now, next payment 04:00 UTC−0.0258%/8h= −28.2% APRpaid last 24h −0.081%
Price spread now: Aevo against edgeX+0.382%72s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aevo is 0.382% dearer against edgeX than usual: you sell high and buy low (spread +0.382% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 4.9 days. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX USELESSUSDC | 0.2553 | 0.0458 | pay 0.0229% / 4h | 30m 04s | $19K | $196K | 10x |
| Short | Aevo USELESS-PERP | 0.2563 | 0.0200 | get 0.0025% / 1h | 30m 04s | $9K | — | 3x |
edgeX USELESSUSDC
Aevo USELESS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against edgeX. 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
- −$54.1
- Price spread: +0.382% → 0.000%
- $38.19
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$40.91
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 27 min ago; Aevo: 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 edgeX live order book, 27 min ago | 1.37 bp | 147.2 bp −$147 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | 0.2567 | +0.528% | $1.2M | $1.2M | 3x | as long as short |
| Hyperliquid USELESS | +0.0100% | 1h | 0.2574 | +0.806% | $11.4M | $22.8M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2568 | +0.591% | $28K | $70K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2566 | +0.509% | $33K | $222K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2568 | +0.583% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2565 | +0.454% | $17K | $521K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2570 | +0.662% | $576K | $1.1M | 20x | as long as short |
| Aevo USELESS-PERPshort | +0.0200% | 1h | 0.2563 | +0.382% | $9K | — | 3x | |
| OKX USELESS-USDT-SWAP | +0.0200% | 4h | 0.2575 | +0.873% | $8.9M | $63.4M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0228% | 4h | 0.2571 | +0.709% | $4.6M | $10.7M | 12x | as long as short |
Lighter USELESS
Hyperliquid USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0232% | 4h | 0.2571 | +0.705% | $6.4M | $8.7M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0354% | 4h | 0.2573 | +0.763% | $4.9M | $10.4M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0420% | 1h | 0.2558 | +0.192% | $33K | $693K | 25x | as long as short |
| edgeX USELESSUSDClong | +0.0458% | 4h | 0.2553 | long leg | $19K | $196K | 10x | |
| Extended USELESS-USD | +0.0464% | 1h | 0.2572 | +0.727% | $113K | $1.2M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0464% | 4h | 0.2575 | +0.873% | $10.3M | $6.2M | 50x | as long as short |
| Binance USELESSUSDT | +0.0465% | 4h | 0.2575 | +0.843% | $21.5M | $123.3M | 50x | as long as short |
| Aster USELESSUSDT | +0.0504% | 4h | 0.2570 | +0.665% | $509K | $2.4M | 10x | as long as short |
| BingX USELESS-USDT | +0.0532% | 4h | 0.2574 | +0.818% | — | $5.3M | — | as long as short |
| Bybit USELESSUSDT | +0.0539% | 4h | 0.2573 | +0.775% | $24.6M | $48.6M | 13x | as long as short |
| Variational Omni USELESS | +0.0718% | 4h | 0.2564 | +0.419% | $1.0M | $1.9M | — | as long as short |
| BloFin USELESS-USDT | +0.0797% | 4h | 0.2566 | +0.509% | $1.1M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1325% | 4h | 0.2568 | +0.583% | $19K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2704 | +5.918% | $5K | $11K | 5.5x | as long as short |
Gate USELESS_USDT
Bitget USELESSUSDT
ApeX Omni USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
Binance USELESSUSDT
Aster USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP