Funding you earn now, next payment 06:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.103%
Price spread now: Polymarket Perps against Extended−0.094%7-day average +0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2392.389% of the position
Funding, last 7 days−0.297%−$30 on $10k
+Price spread, last 7 days−0.128%−$13 · spread now −0.094%, 7d avg +0.085%
=Together, before fees−0.425%+ Points / potential airdropExtended: Active · farm board−$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Polymarket Perps is 0.179% cheaper against Extended than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.085%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended USELESS-USD | 0.2692 | 0.0224 | pay 0.0028% / 1h | 42m 17s | $114K | $1.1M | 5x |
| Short | Polymarket Perps USELESS-USD | 0.2689 | 0.0100 | get 0.0013% / 1h | 42m 17s | $26K | $245K | 3x |
Extended USELESS-USD
Polymarket Perps USELESS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$26.04
- Price spread: −0.094% → +0.085%
- −$17.91
- Slippage, 4 orders
- −$225.88
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$282.83
- Costs to cover
- 2.389%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; Polymarket Perps: 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, 1 min ago | 6.92 bp | 45.4 bp −$45 | 306.1 bp −$3,061 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 0.37 bp | 75.2 bp −$75 | 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 | 0.2692 | +0.002% | $1.2M | $1.2M | 3x | as long as short |
| Hyperliquid USELESS | +0.0100% | 1h | 0.2689 | −0.094% | $11.7M | $22.5M | 3x | as long as short |
| Aster USELESSUSDT | +0.0100% | 4h | 0.2689 | −0.119% | $527K | $2.3M | 10x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2693 | +0.031% | $29K | $18K | 3x | as long as short |
| Polymarket Perps USELESS-USDshort | +0.0100% | 1h | 0.2689 | −0.094% | $26K | $245K | 3x | |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2690 | −0.087% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2684 | −0.302% | $18K | $519K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2690 | −0.076% | $636K | $1.1M | 20x | as long as short |
| Bitget USELESSUSDT | +0.0114% | 4h | 0.2693 | +0.054% | $5.1M | $10.3M | 20x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0120% | 4h | 0.2694 | +0.092% | $9.1M | $65.3M | 10x | as long as short |
Lighter USELESS
Hyperliquid USELESS
Aster USELESSUSDT
Pacifica USELESS
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Bitget USELESSUSDT
OKX USELESS-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERP | +0.0136% | 1h | 0.2690 | −0.059% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0138% | 4h | 0.2688 | −0.124% | $4.9M | $10.6M | 12x | as long as short |
| Extended USELESS-USDlong | +0.0224% | 1h | 0.2692 | long leg | $114K | $1.1M | 5x | |
| Binance USELESSUSDT | +0.0227% | 4h | 0.2691 | −0.021% | $22.4M | $121.6M | 50x | as long as short |
| MEXC USELESS_USDT | +0.0232% | 4h | 0.2690 | −0.079% | $10.9M | $6.0M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0243% | 4h | 0.2683 | −0.345% | $20K | $197K | 10x | as long as short |
| BingX USELESS-USDT | +0.0390% | 4h | 0.2691 | −0.035% | — | $5.3M | — | as long as short |
| Bybit USELESSUSDT | +0.0407% | 4h | 0.2693 | +0.062% | $25.4M | $48.3M | 13x | as long as short |
| Variational Omni USELESS | +0.0499% | 4h | 0.2676 | −0.604% | $1.1M | $1.8M | — | as long as short |
| Gate USELESS_USDT | +0.0598% | 4h | 0.2685 | −0.254% | $6.7M | $8.5M | 50x | as long as short |
| BloFin USELESS-USDT | +0.0660% | 4h | 0.2688 | −0.157% | $1.1M | $2.0M | 12x | as long as short |
| ApeX Omni USELESSUSDT | +0.0714% | 1h | 0.2684 | −0.291% | $47K | $698K | 25x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1205% | 4h | 0.2694 | +0.095% | $21K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2826 | +4.992% | $5K | $11K | 5.5x | as long as short |
Aevo USELESS-PERP
KuCoin USELESSUSDTM
Binance USELESSUSDT
MEXC USELESS_USDT
edgeX USELESSUSDC
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Gate USELESS_USDT
BloFin USELESS-USDT
ApeX Omni USELESSUSDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP