Funding you earn now, next payment 23:00 UTC+0.1285%/8h= +140.7% APRpaid last 24h +0.094%
Price spread now: BloFin against Extended−0.002%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1391.390% of the position
Funding, last 7 days+0.530%+$53 on $10k
+Price spread, last 3 days (all we have)−0.361%−$36 · spread now −0.002%, 7d avg +0.054%
=Together, before fees+0.169%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.056% cheaper against Extended than usual: you would sell low and buy high (spread −0.002% now, against its 7-day average of +0.054%). If the spread goes back, that is −$6 on $10k: about 4 hours of funding at the current rate (+$39 a day). At the pace of the last 7 days (+0.530% in total) that is about 18 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.530% in total (about 27.6% a year). A funding rate is set anew for every payment. 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 | Extended USELESS-USD | 0.2735 | 0.0488 | pay 0.0061% / 1h | 12m 48s | $288K | $966K | 5x |
| Short | BloFin USELESS-USDT | 0.2735 | 0.1773 | get 0.0887% / 4h | 1h 12m | $1.2M | $1.9M | 12x |
Extended USELESS-USD
BloFin USELESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $269.89
- Price spread: −0.002% → +0.054%
- −$5.64
- Slippage, 4 orders
- −$122.03
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $125.22
- Costs to cover
- 1.390%
- Break-even
- 3.8 days
Slippage from Extended: live order book, 5 min ago; BloFin: live order book, 5 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, 5 min ago | 7.80 bp | 72.4 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 4.40 bp | 16.5 bp −$16 | 33.2 bp −$332 | 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 | 0.2732 | −0.108% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2735 | +0.009% | $30K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2729 | −0.222% | $9.6M | $63.2M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2732 | −0.108% | $26K | $147K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2735 | −0.020% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2736 | +0.016% | $18K | $489K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2721 | −0.529% | $558K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2735 | −0.009% | $10K | — | 3x | as long as short |
| ApeX Omni USELESSUSDT | +0.0228% | 1h | 0.2725 | −0.371% | $38K | $699K | 25x | as long as short |
| KuCoin USELESSUSDTM | +0.0340% | 4h | 0.2733 | −0.072% | $5.1M | $9.9M | 12x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
ApeX Omni USELESSUSDT
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0350% | 4h | 0.2730 | −0.181% | $6.8M | $8.1M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0463% | 4h | 0.2727 | −0.292% | $20K | $192K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0476% | 4h | 0.2735 | +0.005% | $10.0M | $5.9M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0476% | 4h | 0.2733 | −0.094% | $5.2M | $9.1M | 20x | as long as short |
| Binance USELESSUSDT | +0.0488% | 4h | 0.2735 | +0.005% | $23.2M | $114.1M | 50x | as long as short |
| Extended USELESS-USDlong | +0.0488% | 1h | 0.2735 | long leg | $288K | $966K | 5x | |
| Hyperliquid USELESS | +0.0840% | 1h | 0.2734 | −0.035% | $13.3M | $20.6M | 3x | as long as short |
| Aster USELESSUSDT | +0.1110% | 4h | 0.2736 | +0.014% | $640K | $2.2M | 10x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1288% | 4h | 0.2735 | −0.017% | $21K | $1.4M | 10x | as long as short |
| BingX USELESS-USDT | +0.1320% | 4h | 0.2734 | −0.031% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.1365% | 4h | 0.2730 | −0.178% | $27.3M | $44.7M | 13x | as long as short |
| Variational Omni USELESS | +0.1492% | 4h | 0.2726 | −0.353% | $1.1M | $1.8M | — | as long as short |
| BloFin USELESS-USDTshort | +0.1773% | 4h | 0.2735 | −0.002% | $1.2M | $1.9M | 12x | |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2894 | +5.822% | $5K | $9K | 5.5x | as long as short |
Gate USELESS_USDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Bitget USELESSUSDT
Binance USELESSUSDT
Hyperliquid USELESS
Aster USELESSUSDT
Orderly PERP_USELESS_USDC
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Injective USELESS/USDC PERP