Funding you earn now, next payment 22:00 UTC−0.4900%/8h= −536.5% APRpaid last 24h +1.284%
Price spread now: SunX against Injective−5.282%61s7-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 −$147 a day on $10k at the current rate, and SunX is 5.282% cheaper against Injective than usual: you would sell low and buy high (−$528 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective USELESS/USDC PERP | 0.3092 | 0.5000 | pay 0.0625% / 1h | 46m 06s | $5K | $10K | 5.5x |
| Short | SunX USELESS-USDT | 0.2928 | 0.0100 | get 0.0050% / 4h | 2h 46m | — | $1.4M | 10x |
Injective USELESS/USDC PERP
SunX USELESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$1,029
- Price spread: −5.282% → 0.000%
- −$528.17
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$1,565.19
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago | 44.87 bp | 64.0 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni USELESSUSDT | +0.0032% | 1h | 0.2875 | −7.012% | $41K | $697K | 25x | as long as short |
| Lighter USELESS | +0.0096% | 1h | 0.2927 | −5.343% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2927 | −5.333% | $32K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2927 | −5.321% | $10.4M | $65.5M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2931 | −5.214% | $29K | $135K | 3x | as long as short |
| SunX USELESS-USDTshort | +0.0100% | 4h | 0.2928 | −5.282% | — | $1.4M | 10x | |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2926 | −5.372% | $20K | $376K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2919 | −5.599% | $579K | $1.3M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0158% | 4h | 0.2926 | −5.363% | $5.5M | $9.5M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0240% | 1h | 0.2925 | −5.384% | $10K | — | 3x | as long as short |
ApeX Omni USELESSUSDT
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0294% | 4h | 0.2925 | −5.379% | $7.3M | $7.7M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0568% | 4h | 0.2927 | −5.337% | $5.5M | $8.7M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0659% | 4h | 0.2901 | −6.186% | $22K | $189K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0672% | 4h | 0.2928 | −5.301% | $10.3M | $5.8M | 50x | as long as short |
| Binance USELESSUSDT | +0.0686% | 4h | 0.2929 | −5.274% | $25.2M | $109.1M | 50x | as long as short |
| Extended USELESS-USD | +0.0688% | 1h | 0.2927 | −5.339% | $308K | $967K | 5x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1129% | 4h | 0.2929 | −5.269% | $22K | $1.4M | 10x | as long as short |
| Variational Omni USELESS | +0.1192% | 4h | 0.2881 | −6.821% | $1.1M | $1.7M | — | as long as short |
| BingX USELESS-USDT | +0.1312% | 4h | 0.2929 | −5.262% | — | $4.9M | — | as long as short |
| Aster USELESSUSDT | +0.1345% | 4h | 0.2933 | −5.136% | $676K | $2.1M | 10x | as long as short |
| Bybit USELESSUSDT | +0.1446% | 4h | 0.2930 | −5.233% | $29.5M | $42.6M | 13x | as long as short |
| Hyperliquid USELESS | +0.1576% | 1h | 0.2932 | −5.159% | $15.0M | $19.6M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1804% | 4h | 0.2924 | −5.427% | $1.3M | $2.0M | 12x | as long as short |
| Injective USELESS/USDC PERPlong | +0.5000% | 1h | 0.3092 | long leg | $5K | $10K | 5.5x |
Gate USELESS_USDT
Bitget USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
Orderly PERP_USELESS_USDC
Variational Omni USELESS
BingX USELESS-USDT
Aster USELESSUSDT
Bybit USELESSUSDT
Hyperliquid USELESS
BloFin USELESS-USDT