Funding you earn now, next payment 00:00 UTC+0.0406%/8h= +44.5% APRnext payment +$2.03 per $10,000 · paid last 24h +0.116%
Price spread now: edgeX against HTX−0.353%77s7-day average +0.159% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 3 days (all we have)+0.779%+$78 · spread now −0.353%, 7d avg +0.159%
=Together, before fees+0.972%+ Points / potential airdropedgeX: Active · farm board+$97 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.512% cheaper against HTX than usual: you would sell low and buy high (spread −0.353% now, against its 7-day average of +0.159%). If the spread goes back, that is −$51 on $10k: about 4.2 days of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.194% in total) that is about 19 days. The two prices were read 77 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 0.194% in total (about 10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.03 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 | 0.2823 | 0.0100 | pay 0.0050% / 4h | 31m 49s | $19K | $495K | 20x |
| Short | edgeX USELESSUSDC | 0.2813 | 0.0506 | get 0.0253% / 4h | 31m 49s | $21K | $192K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against HTX. 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
- $85.29
- Price spread: −0.353% → +0.159%
- −$51.21
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $13.08
- Costs to cover
- 0.210%
- Break-even
- 5.9 days
Slippage unknown: HTX: live order book, 47 min ago; edgeX: live order book, 45 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 edgeX live order book, 45 min ago | 1.28 bp | 113.6 bp −$114 | 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 | −0.170% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2815 | −0.262% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2815 | −0.290% | $9.9M | $66.3M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2822 | −0.039% | $34K | $157K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2826 | +0.117% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDTlong | +0.0100% | 4h | 0.2823 | long leg | $19K | $495K | 20x | |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2817 | −0.216% | $570K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0208% | 1h | 0.2816 | −0.228% | $10K | — | 3x | as long as short |
| ApeX Omni USELESSUSDT | +0.0235% | 1h | 0.2810 | −0.453% | $39K | $701K | 25x | as long as short |
| KuCoin USELESSUSDTM | +0.0274% | 4h | 0.2816 | −0.227% | $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 | +0.0336% | 4h | 0.2815 | −0.273% | $5.3M | $9.4M | 20x | as long as short |
| Gate USELESS_USDT | +0.0382% | 4h | 0.2814 | −0.322% | $7.0M | $8.3M | 50x | as long as short |
| edgeX USELESSUSDCshort | +0.0506% | 4h | 0.2813 | −0.353% | $21K | $192K | 10x | |
| Binance USELESSUSDT | +0.0508% | 4h | 0.2816 | −0.230% | $23.7M | $116.0M | 50x | as long as short |
| MEXC USELESS_USDT | +0.0510% | 4h | 0.2818 | −0.181% | $10.4M | $6.0M | 50x | as long as short |
| Extended USELESS-USD | +0.0512% | 1h | 0.2818 | −0.164% | $297K | $966K | 5x | as long as short |
| BingX USELESS-USDT | +0.1040% | 4h | 0.2817 | −0.220% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.1046% | 4h | 0.2816 | −0.230% | $27.8M | $45.7M | 13x | as long as short |
| Aster USELESSUSDT | +0.1111% | 4h | 0.2814 | −0.295% | $647K | $2.3M | 10x | as long as short |
| Variational Omni USELESS | +0.1218% | 4h | 0.2814 | −0.297% | $1.2M | $1.8M | — | as long as short |
| Orderly PERP_USELESS_USDC | +0.1342% | 4h | 0.2822 | −0.018% | $22K | $1.4M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1381% | 4h | 0.2821 | −0.074% | $1.2M | $2.0M | 12x | as long as short |
| Hyperliquid USELESS | +0.1545% | 1h | 0.2821 | −0.074% | $14.0M | $21.0M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2995 | +6.097% | $5K | $9K | 5.5x | as long as short |
HTX USELESS-USDT
edgeX USELESSUSDC
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDT
KuCoin USELESSUSDTM
Bitget USELESSUSDT
Gate USELESS_USDT
Binance USELESSUSDT
MEXC USELESS_USDT
Extended USELESS-USD
BingX USELESS-USDT
Bybit USELESSUSDT
Aster USELESSUSDT
Variational Omni USELESS
BloFin USELESS-USDT
Hyperliquid USELESS
Injective USELESS/USDC PERP