USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0384%/8h= +42.1% APRnext payment +$1.92 per $10,000 · paid last 24h +0.113%

Price spread now: Binance against HTX+0.417%7-day average +0.115% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.221%+$22 on $10k

Price spread, last 3 days (all we have)+0.028%+$3 · spread now +0.417%, 7d avg +0.115%

Together, before fees+0.249%+$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.302% dearer against HTX than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.115%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.221% in total (about 11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.92 per $10,000. 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	HTX USELESS-USDT	0.2808	0.0100	pay 0.0050% / 4h	3h 46m	$18K	$503K	20x
Short	Binance USELESSUSDT	0.2820	0.0484	get 0.0242% / 4h	3h 46m	$23.8M	$116.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee HTXbpFee BinancebpOrdersPrice spread, now +0.417%Rate

Funding earned: $80.67
Price spread: +0.417% → +0.115%: $30.17
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: $88.84
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: HTX: live order book, 27 min ago; Binance: live order book, 11 min ago. Net counts fees only.

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 HTX live order book, 27 min ago	55.28 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	1.07 bp	22.2 bp −$22	105.6 bp −$1,056	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	0.2817	+0.335%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2819	+0.377%	$32K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2817	+0.324%	$9.9M	$66.3M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2815	+0.264%	$45K	$168K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2820	+0.431%	—	$1.4M	10x	as long as short
HTX USELESS-USDTlong	+0.0100%	4h	0.2808	long leg	$18K	$503K	20x
Phemex USELESSUSDT	+0.0100%	4h	0.2809	+0.053%	$590K	$1.2M	20x	as long as short
Aevo USELESS-PERP	+0.0200%	1h	0.2821	+0.477%	$10K	—	3x	as long as short
KuCoin USELESSUSDTM	+0.0220%	4h	0.2817	+0.321%	$5.2M	$10.1M	12x	as long as short
Bitget USELESSUSDT	+0.0354%	4h	0.2823	+0.541%	$5.4M	$9.5M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX USELESSUSDC	+0.0442%	4h	0.2799	−0.331%	$21K	$193K	10x	as long as short
Extended USELESS-USD	+0.0472%	1h	0.2820	+0.434%	$297K	$1.0M	5x	as long as short
MEXC USELESS_USDT	+0.0474%	4h	0.2821	+0.449%	$10.6M	$5.9M	50x	as long as short
Binance USELESSUSDTshort	+0.0484%	4h	0.2820	+0.417%	$23.8M	$116.1M	50x
ApeX Omni USELESSUSDT	+0.0646%	1h	0.2795	−0.463%	$39K	$702K	25x	as long as short
Gate USELESS_USDT	+0.0998%	4h	0.2815	+0.246%	$7.1M	$8.3M	50x	as long as short
Variational Omni USELESS	+0.1015%	4h	0.2792	−0.580%	$1.2M	$1.7M	—	as long as short
Aster USELESSUSDT	+0.1040%	4h	0.2823	+0.537%	$648K	$2.3M	10x	as long as short
Hyperliquid USELESS	+0.1234%	1h	0.2823	+0.552%	$14.1M	$21.1M	3x	as long as short
Orderly PERP_USELESS_USDC	+0.1300%	4h	0.2823	+0.524%	$22K	$1.4M	10x	as long as short
BloFin USELESS-USDT	+0.2143%	4h	0.2818	+0.356%	$1.2M	$2.0M	12x	as long as short
BingX USELESS-USDT	+0.2322%	4h	0.2820	+0.431%	—	$5.0M	—	as long as short
Bybit USELESSUSDT	+0.2590%	4h	0.2819	+0.385%	$27.7M	$45.9M	13x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2983	+6.229%	$5K	$9K	5.5x	as long as short