USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0914%/8h= +100.1% APRnext payment +$4.57 per $10,000 · paid last 24h +0.152%

Price spread now: BingX against HTX+0.147%7-day average +0.108% · you sell dearer than you buy

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

Long on HTX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.298%+$30 on $10k

Price spread, last 3 days (all we have)+0.239%+$24 · spread now +0.147%, 7d avg +0.108%

Together, before fees+0.537%+$54 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and BingX is 0.039% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.108%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.298% in total (about 15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.57 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	0.2852	0.0100	pay 0.0050% / 4h	3h 20m	$19K	$509K	20x
Short	BingX USELESS-USDT	0.2856	0.1014	get 0.0507% / 4h	3h 20m	—	$5.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.147%Rate

Funding earned: $191.94
Price spread: +0.147% → +0.108%: $3.91
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: $173.85
Costs to cover: 0.220%
Break-even: 0.7 days

Slippage unknown: HTX: live order book, 53 min ago; BingX: live order book, 14 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, 53 min ago	55.28 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 14 min ago	2.99 bp	20.6 bp −$21	87.9 bp −$879	441.7 bp −$44.2K	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	0.2857	+0.186%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2854	+0.081%	$32K	$69K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2854	+0.077%	$10.1M	$66.9M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2854	+0.070%	$49K	$173K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2857	+0.168%	—	$1.4M	10x	as long as short
HTX USELESS-USDTlong	+0.0100%	4h	0.2852	long leg	$19K	$509K	20x
Phemex USELESSUSDT	+0.0100%	4h	0.2856	+0.133%	$604K	$1.2M	20x	as long as short
KuCoin USELESSUSDTM	+0.0176%	4h	0.2852	+0.014%	$5.3M	$10.1M	12x	as long as short
Aevo USELESS-PERP	+0.0200%	1h	0.2861	+0.303%	$10K	—	3x	as long as short
edgeX USELESSUSDC	+0.0475%	4h	0.2859	+0.230%	$21K	$193K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended USELESS-USD	+0.0480%	1h	0.2854	+0.075%	$302K	$1.2M	5x	as long as short
MEXC USELESS_USDT	+0.0480%	4h	0.2855	+0.098%	$10.7M	$5.9M	50x	as long as short
Binance USELESSUSDT	+0.0483%	4h	0.2856	+0.147%	$24.1M	$116.2M	50x	as long as short
Bitget USELESSUSDT	+0.0516%	4h	0.2853	+0.049%	$5.5M	$9.6M	20x	as long as short
ApeX Omni USELESSUSDT	+0.0533%	1h	0.2856	+0.140%	$40K	$699K	25x	as long as short
Gate USELESS_USDT	+0.0748%	4h	0.2849	−0.091%	$7.1M	$8.4M	50x	as long as short
Bybit USELESSUSDT	+0.0980%	4h	0.2856	+0.133%	$28.0M	$46.2M	13x	as long as short
BingX USELESS-USDTshort	+0.1014%	4h	0.2856	+0.147%	—	$5.1M	—
Variational Omni USELESS	+0.1037%	4h	0.2856	+0.132%	$1.2M	$1.7M	—	as long as short
Aster USELESSUSDT	+0.1053%	4h	0.2857	+0.173%	$656K	$2.3M	10x	as long as short
Hyperliquid USELESS	+0.1142%	1h	0.2861	+0.305%	$14.4M	$20.9M	3x	as long as short
Orderly PERP_USELESS_USDC	+0.1250%	4h	0.2859	+0.231%	$22K	$1.4M	10x	as long as short
BloFin USELESS-USDT	+0.1427%	4h	0.2858	+0.196%	$1.2M	$2.1M	12x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.3019	+5.870%	$5K	$9K	5.5x	as long as short