Funding you earn now, next payment 04:00 UTC−0.0364%/8h= −39.8% APRnext payment −$1.82 per $10,000 · paid last 24h −0.111%
Price spread now: HTX against edgeX+0.830%77s7-day average −0.155% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.211%−$21 on $10k
+Price spread, last 3 days (all we have)−1.252%−$125 · spread now +0.830%, 7d avg −0.155%
=Together, before fees−1.463%+ Points / potential airdropedgeX: Active · farm board−$146 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.985% dearer against edgeX than usual: you sell high and buy low (spread +0.830% now, against its 7-day average of −0.155%): +$99 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 9.0 days. At the pace of the last 7 days (−0.211% in total) that is about 33 days. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.211% in total (about -11.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.82 per $10,000. 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 | edgeX USELESSUSDC | 0.2908 | 0.0464 | pay 0.0232% / 4h | 3h 12m | $22K | $194K | 10x |
| Short | HTX USELESS-USDT | 0.2932 | 0.0100 | get 0.0050% / 4h | 3h 12m | $19K | $511K | 20x |
edgeX USELESSUSDC
HTX USELESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$76.42
- Price spread: +0.830% → −0.155%
- $98.54
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $1.11
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 60 min ago; HTX: live order book, 61 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 edgeX live order book, 60 min ago | 0.71 bp | 101.3 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 61 min ago | 55.28 bp | doesn't fit | doesn't fit | 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 | 0.2931 | +0.782% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2922 | +0.502% | $33K | $69K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2921 | +0.445% | $10.3M | $68.9M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2934 | +0.913% | $49K | $176K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2932 | +0.813% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDTshort | +0.0100% | 4h | 0.2932 | +0.830% | $19K | $511K | 20x | |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2926 | +0.614% | $618K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0162% | 4h | 0.2929 | +0.734% | $5.4M | $10.2M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0208% | 1h | 0.2932 | +0.822% | $11K | — | 3x | as long as short |
| ApeX Omni USELESSUSDT | +0.0377% | 1h | 0.2907 | −0.029% | $40K | $699K | 25x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Aevo USELESS-PERP
ApeX Omni USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX USELESSUSDClong | +0.0464% | 4h | 0.2908 | long leg | $22K | $194K | 10x | |
| MEXC USELESS_USDT | +0.0502% | 4h | 0.2931 | +0.799% | $11.3M | $6.0M | 50x | as long as short |
| Extended USELESS-USD | +0.0504% | 1h | 0.2934 | +0.898% | $310K | $1.2M | 5x | as long as short |
| Binance USELESSUSDT | +0.0505% | 4h | 0.2926 | +0.624% | $24.7M | $116.7M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0562% | 4h | 0.2929 | +0.724% | $5.6M | $9.7M | 20x | as long as short |
| Gate USELESS_USDT | +0.0636% | 4h | 0.2925 | +0.576% | $7.3M | $8.4M | 50x | as long as short |
| BingX USELESS-USDT | +0.0762% | 4h | 0.2926 | +0.638% | — | $5.1M | — | as long as short |
| Bybit USELESSUSDT | +0.0897% | 4h | 0.2924 | +0.552% | $28.6M | $46.4M | 13x | as long as short |
| Variational Omni USELESS | +0.0969% | 4h | 0.2879 | −0.985% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDT | +0.1105% | 4h | 0.2929 | +0.734% | $674K | $2.3M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1117% | 4h | 0.2908 | +0.019% | $1.2M | $2.1M | 12x | as long as short |
| Hyperliquid USELESS | +0.1145% | 1h | 0.2929 | +0.717% | $14.7M | $21.0M | 3x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1249% | 4h | 0.2932 | +0.844% | $23K | $1.4M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3074 | +5.720% | $5K | $9K | 5.5x | as long as short |
MEXC USELESS_USDT
Extended USELESS-USD
Binance USELESSUSDT
Bitget USELESSUSDT
Gate USELESS_USDT
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Aster USELESSUSDT
BloFin USELESS-USDT
Hyperliquid USELESS
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP