Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.084%
Price spread now: ApeX Omni against Extended−0.365%52s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1321.324% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 4 days (all we have)+0.167%+$17 · spread now −0.365%, 7d avg +0.013%
=Together, before fees+0.008%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.378% cheaper against Extended than usual: you would sell low and buy high (spread −0.365% now, against its 7-day average of +0.013%). If the spread goes back, that is −$38 on $10k: about 19 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.159%, so the current rate has only just turned in your favour. The two prices were read 52 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 | Extended USELESS-USD | 0.2635 | 0.0304 | pay 0.0038% / 1h | 12m 28s | $112K | $1.1M | 5x |
| Short | ApeX Omni USELESSUSDT | 0.2625 | 0.0371 | get 0.0046% / 1h | 12m 28s | $36K | $695K | 25x |
Extended USELESS-USD
ApeX Omni USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Extended. 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
- $13.99
- Price spread: −0.365% → +0.013%
- −$37.78
- Slippage, 4 orders
- −$117.42
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$156.21
- Costs to cover
- 1.324%
- Break-even
- 85.1 days
Slippage from Extended: live order book, 1 min ago; ApeX Omni: live order book, 41 min ago.
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, 1 min ago | 7.21 bp | 44.0 bp −$44 | 342.5 bp −$3,425 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 41 min ago | 7.60 bp | 15.9 bp −$16 | 103.2 bp −$1,032 | 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 | 0.2638 | +0.125% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2640 | +0.201% | $28K | $18K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2632 | −0.095% | $25K | $237K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2636 | +0.056% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2635 | +0.007% | $18K | $519K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2638 | +0.128% | $610K | $1.1M | 20x | as long as short |
| Gate USELESS_USDT | +0.0128% | 4h | 0.2630 | −0.164% | $6.6M | $8.6M | 50x | as long as short |
| Aster USELESSUSDT | +0.0130% | 4h | 0.2628 | −0.239% | $519K | $2.4M | 10x | as long as short |
| Bitget USELESSUSDT | +0.0138% | 4h | 0.2633 | −0.077% | $5.0M | $10.3M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0160% | 1h | 0.2640 | +0.212% | $9K | — | 3x | as long as short |
Lighter USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Gate USELESS_USDT
Aster USELESSUSDT
Bitget USELESSUSDT
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX USELESS-USDT-SWAP | +0.0175% | 4h | 0.2630 | −0.175% | $8.9M | $63.5M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0186% | 4h | 0.2634 | −0.020% | $4.8M | $10.7M | 12x | as long as short |
| edgeX USELESSUSDC | +0.0302% | 4h | 0.2623 | −0.442% | $19K | $197K | 10x | as long as short |
| Extended USELESS-USDlong | +0.0304% | 1h | 0.2635 | long leg | $112K | $1.1M | 5x | |
| MEXC USELESS_USDT | +0.0306% | 4h | 0.2634 | −0.023% | $10.6M | $6.1M | 50x | as long as short |
| Binance USELESSUSDT | +0.0307% | 4h | 0.2628 | −0.236% | $22.0M | $121.5M | 50x | as long as short |
| Hyperliquid USELESS | +0.0365% | 1h | 0.2632 | −0.095% | $11.5M | $22.6M | 3x | as long as short |
| ApeX Omni USELESSUSDTshort | +0.0371% | 1h | 0.2625 | −0.365% | $36K | $695K | 25x | |
| Bybit USELESSUSDT | +0.0554% | 4h | 0.2629 | −0.209% | $24.8M | $48.4M | 13x | as long as short |
| Variational Omni USELESS | +0.0603% | 4h | 0.2623 | −0.449% | $1.0M | $1.8M | — | as long as short |
| BingX USELESS-USDT | +0.0728% | 4h | 0.2629 | −0.228% | — | $5.3M | — | as long as short |
| BloFin USELESS-USDT | +0.0867% | 4h | 0.2637 | +0.109% | $1.1M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1275% | 4h | 0.2630 | −0.190% | $20K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2776 | +5.382% | $5K | $11K | 5.5x | as long as short |
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTM
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Hyperliquid USELESS
Bybit USELESSUSDT
Variational Omni USELESS
BingX USELESS-USDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP