Funding you earn now, next payment 02:00 UTC−0.0804%/8h= −88.0% APRpaid last 24h −0.273%
Price spread now: HTX against Hyperliquid−0.437%7-day average −0.197% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.882%−$88 on $10k
+Price spread, last 3 days (all we have)+0.107%+$11 · spread now −0.437%, 7d avg −0.197%
=Together, before fees−0.775%+ Points / potential airdropHyperliquid: Season 2 · farm board−$78 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and HTX is 0.239% cheaper against Hyperliquid than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.197%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid USELESS | 0.2822 | 0.0904 | pay 0.0113% / 1h | 54m 43s | $14.1M | $21.0M | 3x |
| Short | HTX USELESS-USDT | 0.2810 | 0.0100 | get 0.0050% / 4h | 2h 54m | $18K | $514K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Hyperliquid. 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
- −$168.82
- Price spread: −0.437% → −0.197%
- −$23.91
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$213.73
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; HTX: 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 Hyperliquid live order book, 8 min ago | 6.24 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 14 min ago | 35.00 bp | doesn't fit | 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 | 0.2821 | −0.047% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2818 | −0.128% | $31K | $69K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2817 | −0.167% | $9.9M | $66.8M | 10x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2810 | −0.433% | $7.1M | $8.3M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0100% | 1h | 0.2834 | +0.428% | $39K | $698K | 25x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2811 | −0.383% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDTshort | +0.0100% | 4h | 0.2810 | −0.437% | $18K | $514K | 20x | |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2806 | −0.571% | $593K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0116% | 4h | 0.2818 | −0.150% | $5.2M | $10.2M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2811 | −0.385% | $10K | — | 3x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps USELESS-USD | +0.0390% | 1h | 0.2814 | −0.274% | $45K | $183K | 3x | as long as short |
| Binance USELESSUSDT | +0.0483% | 4h | 0.2820 | −0.068% | $23.8M | $117.4M | 50x | as long as short |
| Extended USELESS-USD | +0.0488% | 1h | 0.2816 | −0.211% | $297K | $1.2M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0488% | 4h | 0.2820 | −0.054% | $11.0M | $6.0M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0488% | 4h | 0.2844 | +0.799% | $21K | $193K | 10x | as long as short |
| Bitget USELESSUSDT | +0.0578% | 4h | 0.2815 | −0.231% | $5.4M | $9.9M | 20x | as long as short |
| BingX USELESS-USDT | +0.0692% | 4h | 0.2818 | −0.125% | — | $5.1M | — | as long as short |
| Bybit USELESSUSDT | +0.0829% | 4h | 0.2817 | −0.192% | $27.4M | $46.6M | 13x | as long as short |
| Hyperliquid USELESSlong | +0.0904% | 1h | 0.2822 | long leg | $14.1M | $21.0M | 3x | |
| Variational Omni USELESS | +0.0962% | 4h | 0.2815 | −0.259% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDT | +0.1014% | 4h | 0.2813 | −0.332% | $647K | $2.3M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1051% | 4h | 0.2811 | −0.383% | $1.2M | $2.1M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1244% | 4h | 0.2811 | −0.391% | $22K | $1.4M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2975 | +5.425% | $5K | $9K | 5.5x | as long as short |
Hyperliquid USELESS
HTX USELESS-USDT
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Gate USELESS_USDT
ApeX Omni USELESSUSDT
SunX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Polymarket Perps USELESS-USD
Binance USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
edgeX USELESSUSDC
Bitget USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Aster USELESSUSDT
BloFin USELESS-USDT
Injective USELESS/USDC PERP