Settings8H · net · $10k
Funding arb · Price arb /

USELESS

all USELESS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0344%/8h= +37.6% APRpaid last 24h +0.042%
Price spread now: ApeX Omni against HTX−0.227%76s7-day average +0.120% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 3 days (all we have)+0.430%+$43 · spread now −0.227%, 7d avg +0.120%
Together, before fees+0.512%+$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.347% cheaper against HTX than usual: you would sell low and buy high (spread −0.227% now, against its 7-day average of +0.120%). If the spread goes back, that is −$35 on $10k: about 3.4 days of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.082% in total) that is about 30 days. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.082% in total (about 4.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX USELESS-USDT0.28630.0100pay 0.0050% / 4h3h 17m$19K$510K20x
ShortApeX Omni USELESSUSDT0.28560.0444get 0.0055% / 1h17m 43s$40K$699K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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

Funding earned
$72.16
Price spread: −0.227% → +0.120%
−$34.73
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$15.42
Costs to cover
0.220%
Break-even
5.5 days
Slippage unknown: HTX: live order book, 56 min ago; ApeX Omni: live order book, 56 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 56 min ago55.28 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 56 min ago8.89 bp16.9 bp −$17106.1 bp −$1,061doesn't fitdoesn't fit

USELESS on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter USELESS+0.0096%1h0.2866+0.119%$1.3M$1.1M3xas long as short
Pacifica USELESS+0.0100%1h0.2864+0.059%$32K$69K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h0.2877+0.493%$10.1M$67.5M10xas long as short
Polymarket Perps USELESS-USD+0.0100%1h0.2863+0.021%$49K$173K3xas long as short
SunX USELESS-USDT+0.0100%4h0.2863+0.031%$1.4M10xas long as short
HTX USELESS-USDTlong+0.0100%4h0.2863long leg$19K$510K20x
Phemex USELESSUSDT+0.0100%4h0.2861−0.052%$605K$1.2M20xas long as short
KuCoin USELESSUSDTM+0.0160%4h0.2865+0.101%$5.3M$10.1M12xas long as short
Aevo USELESS-PERP+0.0200%1h0.2861−0.056%$10K3xas long as short
ApeX Omni USELESSUSDTshort+0.0444%1h0.2856−0.227%$40K$699K25x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance USELESSUSDT+0.0474%4h0.2866+0.134%$24.2M$116.2M50xas long as short
edgeX USELESSUSDC+0.0475%4h0.2857−0.201%$21K$193K10xas long as short
Extended USELESS-USD+0.0480%1h0.2866+0.106%$304K$1.2M5xas long as short
MEXC USELESS_USDT+0.0482%4h0.2866+0.133%$10.8M$6.0M50xas long as short
Bitget USELESSUSDT+0.0530%4h0.2870+0.269%$5.5M$9.6M20xas long as short
Gate USELESS_USDT+0.0670%4h0.2861−0.052%$7.2M$8.4M50xas long as short
Bybit USELESSUSDT+0.0824%4h0.2867+0.150%$28.1M$46.3M13xas long as short
BingX USELESS-USDT+0.0866%4h0.2878+0.534%$5.1Mas long as short
Variational Omni USELESS+0.1037%4h0.2856−0.235%$1.2M$1.7Mas long as short
Aster USELESSUSDT+0.1050%4h0.2867+0.143%$659K$2.3M10xas long as short
Hyperliquid USELESS+0.1129%1h0.2866+0.115%$14.5M$21.0M3xas long as short
Orderly PERP_USELESS_USDC+0.1240%4h0.2868+0.199%$22K$1.4M10xas long as short
BloFin USELESS-USDT+0.1352%4h0.2871+0.307%$1.2M$2.1M12xas long as short
Injective USELESS/USDC PERP+0.5000%1h0.3023+5.597%$5K$9K5.5xas long as short