Funding you earn now, next payment 02:00 UTC−0.4262%/8h= −466.7% APRpaid last 24h +0.937%
Price spread now: BingX against Injective−6.244%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$128 a day on $10k at the current rate, and BingX is 6.244% cheaper against Injective than usual: you would sell low and buy high (−$624 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective USELESS/USDC PERP | 0.2989 | 0.5000 | pay 0.0625% / 1h | 9m 13s | $5K | $9K | 5.5x |
| Short | BingX USELESS-USDT | 0.2802 | 0.0738 | get 0.0369% / 4h | 2h 09m | — | $5.1M | — |
Injective USELESS/USDC PERP
BingX USELESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- −$895.02
- Price spread: −6.244% → 0.000%
- −$624.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,529.43
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; BingX: live order book, 11 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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 11 min ago | 3.90 bp | 18.5 bp −$19 | 83.7 bp −$837 | 422.0 bp −$42.2K | 1041.6 bp −$520.8K |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
USELESS on 23 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 | 0.2801 | −6.287% | $1.3M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2803 | −6.210% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2801 | −6.274% | $9.9M | $65.8M | 10x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2799 | −6.331% | $7.0M | $8.4M | 50x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2810 | −5.973% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2799 | −6.348% | $18K | $502K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2797 | −6.408% | $604K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0136% | 4h | 0.2795 | −6.468% | $5.2M | $10.4M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0216% | 1h | 0.2802 | −6.224% | $10K | — | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0415% | 1h | 0.2802 | −6.237% | $28K | $202K | 3x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Gate USELESS_USDT
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Aevo USELESS-PERP
Polymarket Perps USELESS-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX USELESSUSDC | +0.0543% | 4h | 0.2813 | −5.864% | $21K | $194K | 10x | as long as short |
| Extended USELESS-USD | +0.0552% | 1h | 0.2801 | −6.259% | $300K | $1.1M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0552% | 4h | 0.2800 | −6.304% | $10.9M | $6.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0554% | 4h | 0.2799 | −6.341% | $23.7M | $117.0M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0580% | 4h | 0.2797 | −6.411% | $5.4M | $9.8M | 20x | as long as short |
| BingX USELESS-USDTshort | +0.0738% | 4h | 0.2802 | −6.244% | — | $5.1M | — | |
| Bybit USELESSUSDT | +0.0739% | 4h | 0.2798 | −6.361% | $27.2M | $46.3M | 13x | as long as short |
| ApeX Omni USELESSUSDT | +0.0776% | 1h | 0.2814 | −5.839% | $39K | $699K | 25x | as long as short |
| Variational Omni USELESS | +0.0901% | 4h | 0.2816 | −5.774% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDT | +0.1079% | 4h | 0.2799 | −6.328% | $623K | $2.3M | 10x | as long as short |
| Hyperliquid USELESS | +0.1278% | 1h | 0.2803 | −6.207% | $14.0M | $20.7M | 3x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1306% | 4h | 0.2803 | −6.214% | $22K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERPlong | +0.5000% | 1h | 0.2989 | long leg | $5K | $9K | 5.5x |
edgeX USELESSUSDC
Extended USELESS-USD
MEXC USELESS_USDT
Binance USELESSUSDT
Bitget USELESSUSDT
Bybit USELESSUSDT
ApeX Omni USELESSUSDT
Variational Omni USELESS
Aster USELESSUSDT
Hyperliquid USELESS
Orderly PERP_USELESS_USDC