Funding you earn now, next payment 09:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.088%
Price spread now: Extended against Gate−0.118%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$247as in the Price arb table
costs, in and out, $10k−$2302.295% of the position
Funding, last 7 days+0.188%+$19 on $10k
+Price spread, last 7 days+0.563%+$56 · spread now −0.118%, 7d avg +0.056%
=Together, before fees+0.751%+ Points / potential airdropExtended: Active · farm board+$75 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.174% cheaper against Gate than usual: you would sell low and buy high (spread −0.118% now, against its 7-day average of +0.056%). If the spread goes back, that is −$17 on $10k: about 6.6 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate USELESS_USDT | 0.3015 | 0.0512 | pay 0.0256% / 4h | 3h 05m | $7.6M | $9.2M | 50x |
| Short | Extended USELESS-USD | 0.3012 | 0.0600 | get 0.0075% / 1h | 5m 11s | $290K | $1.7M | 5x |
Gate USELESS_USDT
Extended USELESS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Gate. 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
- $18.48
- Price spread: −0.118% → +0.056%
- −$17.38
- Slippage, 4 orders
- −$209.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$228.42
- Costs to cover
- 2.295%
- Break-even
- 93.5 days
Slippage from Gate: live order book, 3 min ago; Extended: live order book, 3 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 Gate live order book, 3 min ago | 6.45 bp | 31.1 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 71.04 bp | 88.4 bp −$88 | 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 | 0.3015 | −0.010% | $1.4M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.3017 | +0.047% | $32K | $19K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.3016 | +0.020% | $11.1M | $78.3M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0100% | 4h | 0.3013 | −0.083% | $5.5M | $10.9M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0100% | 4h | 0.3014 | −0.066% | $5.9M | $11.4M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.3016 | +0.030% | $29K | $284K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.3013 | −0.099% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2998 | −0.567% | $40K | $561K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.3010 | −0.176% | $685K | $1.3M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0232% | 1h | 0.3012 | −0.122% | $11K | — | 3x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTM
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster USELESSUSDT | +0.0337% | 4h | 0.3015 | −0.023% | $662K | $2.3M | 10x | as long as short |
| Gate USELESS_USDTlong | +0.0512% | 4h | 0.3015 | long leg | $7.6M | $9.2M | 50x | |
| edgeX USELESSUSDC | +0.0580% | 4h | 0.3030 | +0.467% | $23K | $200K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0596% | 4h | 0.3015 | −0.017% | $15.2M | $7.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0597% | 4h | 0.3015 | −0.031% | $26.2M | $134.0M | 50x | as long as short |
| Extended USELESS-USDshort | +0.0600% | 1h | 0.3012 | −0.118% | $290K | $1.7M | 5x | |
| ApeX Omni USELESSUSDT | +0.0921% | 1h | 0.3027 | +0.381% | $57K | $691K | 25x | as long as short |
| Orderly PERP_USELESS_USDC | +0.0981% | 4h | 0.3014 | −0.043% | $22K | $2.0M | 10x | as long as short |
| Variational Omni USELESS | +0.1026% | 4h | 0.3028 | +0.424% | $1.3M | $1.8M | — | as long as short |
| Hyperliquid USELESS | +0.1239% | 1h | 0.3020 | +0.162% | $13.8M | $23.9M | 3x | as long as short |
| BingX USELESS-USDT | +0.1314% | 4h | 0.3019 | +0.129% | — | $5.7M | — | as long as short |
| Bybit USELESSUSDT | +0.1390% | 4h | 0.3018 | +0.093% | $30.5M | $53.1M | 13x | as long as short |
| BloFin USELESS-USDT | +0.1807% | 4h | 0.3011 | −0.133% | $1.3M | $2.4M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3217 | +6.669% | $5K | $11K | 5.5x | as long as short |
Aster USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
ApeX Omni USELESSUSDT
Orderly PERP_USELESS_USDC
Variational Omni USELESS
Hyperliquid USELESS
BingX USELESS-USDT
Bybit USELESSUSDT
BloFin USELESS-USDT
Injective USELESS/USDC PERP