USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Pacifica against Lighter+0.083%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.165%−$17 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.083% dearer against Lighter than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter USELESS	0.2801	0.0096	pay 0.0012% / 1h	9m 05s	$1.3M	$1.2M	3x
Short	Pacifica USELESS	0.2803	0.0100	get 0.0013% / 1h	9m 05s	$31K	$70K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Lighter. 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 LighterbpFee PacificabpOrdersPrice spread, now +0.083%Rate

Funding earned: $0.84
Price spread: +0.083% → 0.000%: $8.28
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $1.12
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Lighter: live order book, 2 min ago; Pacifica: no order-book sample. 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 Lighter live order book, 2 min ago	4.46 bp	16.0 bp −$16	61.1 bp −$611	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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 USELESSlong	+0.0096%	1h	0.2801	long leg	$1.3M	$1.2M	3x
Pacifica USELESSshort	+0.0100%	1h	0.2803	+0.083%	$31K	$70K	3x
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2801	+0.025%	$9.9M	$65.9M	10x	as long as short
Gate USELESS_USDT	+0.0100%	4h	0.2798	−0.075%	$7.0M	$8.4M	50x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2810	+0.336%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2799	−0.064%	$18K	$502K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2797	−0.129%	$604K	$1.2M	20x	as long as short
KuCoin USELESSUSDTM	+0.0136%	4h	0.2799	−0.064%	$5.2M	$10.4M	12x	as long as short
Aevo USELESS-PERP	+0.0216%	1h	0.2802	+0.068%	$10K	—	3x	as long as short
Polymarket Perps USELESS-USD	+0.0415%	1h	0.2802	+0.054%	$28K	$202K	3x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX USELESSUSDC	+0.0543%	4h	0.2813	+0.452%	$21K	$194K	10x	as long as short
Extended USELESS-USD	+0.0552%	1h	0.2801	+0.030%	$300K	$1.1M	5x	as long as short
MEXC USELESS_USDT	+0.0552%	4h	0.2802	+0.043%	$10.9M	$6.0M	50x	as long as short
Binance USELESSUSDT	+0.0554%	4h	0.2802	+0.064%	$23.7M	$117.0M	50x	as long as short
Bitget USELESSUSDT	+0.0580%	4h	0.2798	−0.107%	$5.4M	$9.8M	20x	as long as short
BingX USELESS-USDT	+0.0738%	4h	0.2800	−0.014%	—	$5.1M	—	as long as short
Bybit USELESSUSDT	+0.0739%	4h	0.2801	+0.014%	$27.2M	$46.3M	13x	as long as short
ApeX Omni USELESSUSDT	+0.0776%	1h	0.2814	+0.478%	$39K	$699K	25x	as long as short
Variational Omni USELESS	+0.0901%	4h	0.2816	+0.548%	$1.2M	$1.7M	—	as long as short
Aster USELESSUSDT	+0.1079%	4h	0.2799	−0.043%	$623K	$2.3M	10x	as long as short
Hyperliquid USELESS	+0.1276%	1h	0.2802	+0.043%	$14.0M	$20.7M	3x	as long as short
Orderly PERP_USELESS_USDC	+0.1306%	4h	0.2803	+0.079%	$22K	$1.3M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2989	+6.709%	$5K	$9K	5.5x	as long as short