USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1260%/8h= +138.0% APRnext payment +$6.30 per $10,000 · paid last 24h +0.207%

Price spread now: BloFin against HTX+0.142%7-day average +0.153% · you sell dearer than you buy

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

Long on HTX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.754%+$75 on $10k

Price spread, last 3 days (all we have)+0.026%+$3 · spread now +0.142%, 7d avg +0.153%

Together, before fees+0.780%+$78 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.153%, so right now this pair is about funding alone: +$38 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.754% in total (about 39.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.30 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	0.2818	0.0100	pay 0.0050% / 4h	31m 17s	$19K	$495K	20x
Short	BloFin USELESS-USDT	0.2822	0.1360	get 0.0680% / 4h	31m 17s	$1.2M	$2.0M	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.142%Rate

Funding earned: $264.57
Price spread: +0.142% → +0.153%: −$1.13
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: $239.44
Costs to cover: 0.240%
Break-even: 0.7 days

Slippage unknown: HTX: live order book, 47 min ago; BloFin: live order book, 2 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, 47 min ago	45.05 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	0.53 bp	19.4 bp −$19	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	0.2818	+0.007%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2817	−0.043%	$31K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2818	+0.007%	$9.9M	$66.5M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2819	+0.014%	$34K	$157K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2821	+0.082%	—	$1.4M	10x	as long as short
HTX USELESS-USDTlong	+0.0100%	4h	0.2818	long leg	$19K	$495K	20x
Phemex USELESSUSDT	+0.0100%	4h	0.2812	−0.206%	$569K	$1.2M	20x	as long as short
Aevo USELESS-PERP	+0.0208%	1h	0.2813	−0.168%	$10K	—	3x	as long as short
ApeX Omni USELESSUSDT	+0.0247%	1h	0.2817	−0.043%	$39K	$700K	25x	as long as short
KuCoin USELESSUSDTM	+0.0268%	4h	0.2817	−0.050%	$5.2M	$10.0M	12x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget USELESSUSDT	+0.0332%	4h	0.2821	+0.106%	$5.3M	$9.4M	20x	as long as short
Gate USELESS_USDT	+0.0374%	4h	0.2815	−0.114%	$7.0M	$8.3M	50x	as long as short
edgeX USELESSUSDC	+0.0490%	4h	0.2816	−0.067%	$21K	$192K	10x	as long as short
MEXC USELESS_USDT	+0.0508%	4h	0.2820	+0.075%	$10.4M	$6.0M	50x	as long as short
Binance USELESSUSDT	+0.0508%	4h	0.2821	+0.102%	$23.7M	$116.1M	50x	as long as short
Extended USELESS-USD	+0.0512%	1h	0.2819	+0.041%	$297K	$966K	5x	as long as short
Bybit USELESSUSDT	+0.1026%	4h	0.2822	+0.117%	$27.8M	$45.7M	13x	as long as short
BingX USELESS-USDT	+0.1034%	4h	0.2820	+0.071%	—	$5.0M	—	as long as short
Aster USELESSUSDT	+0.1105%	4h	0.2812	−0.225%	$647K	$2.3M	10x	as long as short
Variational Omni USELESS	+0.1185%	4h	0.2823	+0.155%	$1.2M	$1.8M	—	as long as short
Orderly PERP_USELESS_USDC	+0.1338%	4h	0.2821	+0.110%	$22K	$1.4M	10x	as long as short
BloFin USELESS-USDTshort	+0.1360%	4h	0.2822	+0.142%	$1.2M	$2.0M	12x
Hyperliquid USELESS	+0.1555%	1h	0.2825	+0.252%	$14.0M	$21.0M	3x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2982	+5.823%	$5K	$9K	5.5x	as long as short