USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0304%/8h= −33.3% APRnext payment −$0.38 per $10,000 · paid last 24h −0.082%

Price spread now: Aevo against Extended−0.064%7-day average — · you buy dearer than you sell

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

Long on Extended Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aevo is 0.064% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended USELESS-USD	0.2818	0.0512	pay 0.0064% / 1h	32m 01s	$297K	$966K	5x
Short	Aevo USELESS-PERP	0.2816	0.0208	get 0.0026% / 1h	32m 01s	$10K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 ExtendedbpFee AevobpOrdersPrice spread, now −0.064%Rate

Funding earned: −$63.84
Price spread: −0.064% → 0.000%: −$6.44
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$91.28
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 46 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 Extended live order book, 46 min ago	7.80 bp	72.4 bp −$72	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	0.2818	−0.006%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2815	−0.098%	$31K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2816	−0.063%	$9.9M	$66.4M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2822	+0.125%	$34K	$157K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2826	+0.282%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2823	+0.164%	$19K	$495K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2817	−0.052%	$570K	$1.2M	20x	as long as short
Aevo USELESS-PERPshort	+0.0208%	1h	0.2816	−0.064%	$10K	—	3x
ApeX Omni USELESSUSDT	+0.0235%	1h	0.2810	−0.290%	$39K	$701K	25x	as long as short
KuCoin USELESSUSDTM	+0.0274%	4h	0.2818	+0.012%	$5.2M	$10.0M	12x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget USELESSUSDT	+0.0336%	4h	0.2817	−0.048%	$5.3M	$9.4M	20x	as long as short
Gate USELESS_USDT	+0.0382%	4h	0.2816	−0.095%	$7.0M	$8.3M	50x	as long as short
edgeX USELESSUSDC	+0.0506%	4h	0.2813	−0.189%	$21K	$192K	10x	as long as short
Binance USELESSUSDT	+0.0508%	4h	0.2819	+0.019%	$23.7M	$116.0M	50x	as long as short
MEXC USELESS_USDT	+0.0510%	4h	0.2819	+0.047%	$10.4M	$6.0M	50x	as long as short
Extended USELESS-USDlong	+0.0512%	1h	0.2818	long leg	$297K	$966K	5x
BingX USELESS-USDT	+0.1040%	4h	0.2817	−0.027%	—	$5.0M	—	as long as short
Bybit USELESSUSDT	+0.1046%	4h	0.2817	−0.056%	$27.8M	$45.7M	13x	as long as short
Aster USELESSUSDT	+0.1111%	4h	0.2814	−0.150%	$647K	$2.3M	10x	as long as short
Variational Omni USELESS	+0.1218%	4h	0.2814	−0.133%	$1.2M	$1.8M	—	as long as short
Orderly PERP_USELESS_USDC	+0.1342%	4h	0.2822	+0.147%	$22K	$1.4M	10x	as long as short
BloFin USELESS-USDT	+0.1381%	4h	0.2821	+0.090%	$1.2M	$2.0M	12x	as long as short
Hyperliquid USELESS	+0.1551%	1h	0.2823	+0.189%	$14.0M	$21.0M	3x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2995	+6.271%	$5K	$9K	5.5x	as long as short