USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0200%/8h= +21.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.027%

Price spread now: KuCoin against HTX−0.105%7-day average +0.076% · you buy dearer than you sell

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

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.250%+$25 on $10k

Price spread, last 3 days (all we have)+0.365%+$37 · spread now −0.105%, 7d avg +0.076%

Together, before fees+0.615%+$62 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.182% cheaper against HTX than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of +0.076%). If the spread goes back, that is −$18 on $10k: about 3.0 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX USELESS-USDT	0.2848	0.0100	pay 0.0050% / 4h	2h 02m	$20K	$388K	20x
Short	KuCoin USELESSUSDTM	0.2845	0.0300	get 0.0150% / 4h	2h 02m	$5.3M	$9.7M	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.105%Rate

Funding earned: $42
Price spread: −0.105% → +0.076%: −$18.15
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$0.15
Costs to cover: 0.240%
Break-even: 7.0 days

Slippage unknown: HTX: live order book, 21 min ago; KuCoin: live order book, 6 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, 21 min ago	46.22 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	8.97 bp	48.5 bp −$49	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	0.2854	+0.200%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2850	+0.060%	$32K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2854	+0.193%	$10.1M	$64.4M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2851	+0.091%	$28K	$140K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2861	+0.460%	—	$1.4M	10x	as long as short
HTX USELESS-USDTlong	+0.0100%	4h	0.2848	long leg	$20K	$388K	20x
Phemex USELESSUSDT	+0.0100%	4h	0.2847	−0.056%	$574K	$1.2M	20x	as long as short
Aevo USELESS-PERP	+0.0232%	1h	0.2853	+0.176%	$10K	—	3x	as long as short
KuCoin USELESSUSDTMshort	+0.0300%	4h	0.2845	−0.105%	$5.3M	$9.7M	12x
ApeX Omni USELESSUSDT	+0.0327%	1h	0.2850	+0.067%	$41K	$698K	25x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate USELESS_USDT	+0.0424%	4h	0.2850	+0.063%	$7.1M	$7.9M	50x	as long as short
Bitget USELESSUSDT	+0.0524%	4h	0.2854	+0.225%	$5.5M	$8.8M	20x	as long as short
edgeX USELESSUSDC	+0.0588%	4h	0.2856	+0.267%	$21K	$190K	10x	as long as short
Extended USELESS-USD	+0.0600%	1h	0.2855	+0.251%	$300K	$968K	5x	as long as short
MEXC USELESS_USDT	+0.0602%	4h	0.2853	+0.183%	$10.0M	$5.9M	50x	as long as short
Binance USELESSUSDT	+0.0604%	4h	0.2854	+0.209%	$24.3M	$110.8M	50x	as long as short
Orderly PERP_USELESS_USDC	+0.1216%	4h	0.2857	+0.316%	$22K	$1.4M	10x	as long as short
BingX USELESS-USDT	+0.1231%	4h	0.2857	+0.327%	—	$4.9M	—	as long as short
Aster USELESSUSDT	+0.1291%	4h	0.2851	+0.091%	$660K	$2.2M	10x	as long as short
Variational Omni USELESS	+0.1388%	4h	0.2853	+0.180%	$1.2M	$1.8M	—	as long as short
Bybit USELESSUSDT	+0.1396%	4h	0.2856	+0.288%	$29.0M	$43.1M	13x	as long as short
Hyperliquid USELESS	+0.1517%	1h	0.2859	+0.390%	$14.7M	$19.8M	3x	as long as short
BloFin USELESS-USDT	+0.1696%	4h	0.2862	+0.502%	$1.2M	$2.0M	12x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.3006	+5.558%	$5K	$10K	5.5x	as long as short