USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC+0.013%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$680.681% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days+0.003%$0 · spread now +0.013%, 7d avg 0.000%

Together, before fees+0.003%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC USELESS_USDT	0.2608	0.0360	pay 0.0180% / 4h	3h 31m	$10.5M	$6.0M	50x
Short	Binance USELESSUSDT	0.2608	0.0361	get 0.0181% / 4h	3h 31m	$21.8M	$121.9M	50x

Funding history

latest

Range statsloading…

Binance against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee MEXCbpFee BinancebpOrdersPrice spread, now +0.013%Rate

Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 11 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	0.19 bp	9.7 bp −$10	43.1 bp −$431	121.4 bp −$12.1K	doesn't fit
Sell Binance live order book, 11 min ago	0.76 bp	19.4 bp −$19	61.5 bp −$615	doesn't fit	doesn't fit

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	0.2609	+0.054%	$1.2M	$1.2M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2616	+0.331%	$28K	$18K	3x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	0.2618	+0.399%	$36K	$696K	25x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2614	+0.253%	$25K	$233K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2611	+0.142%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2602	−0.211%	$18K	$520K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2613	+0.199%	$599K	$1.1M	20x	as long as short
Aevo USELESS-PERP	+0.0168%	1h	0.2612	+0.173%	$9K	—	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0190%	4h	0.2608	+0.031%	$8.8M	$63.0M	10x	as long as short
Bitget USELESSUSDT	+0.0210%	4h	0.2605	−0.092%	$5.0M	$10.3M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin USELESSUSDTM	+0.0218%	4h	0.2614	+0.230%	$4.7M	$10.7M	12x	as long as short
Aster USELESSUSDT	+0.0261%	4h	0.2609	+0.038%	$516K	$2.4M	10x	as long as short
edgeX USELESSUSDC	+0.0356%	4h	0.2618	+0.402%	$19K	$197K	10x	as long as short
Extended USELESS-USD	+0.0360%	1h	0.2612	+0.167%	$112K	$1.1M	5x	as long as short
MEXC USELESS_USDTlong	+0.0360%	4h	0.2608	long leg	$10.5M	$6.0M	50x
Binance USELESSUSDTshort	+0.0361%	4h	0.2608	+0.013%	$21.8M	$121.9M	50x
Hyperliquid USELESS	+0.0390%	1h	0.2606	−0.077%	$11.4M	$22.7M	3x	as long as short
Gate USELESS_USDT	+0.0520%	4h	0.2610	+0.077%	$6.5M	$8.6M	50x	as long as short
Variational Omni USELESS	+0.0590%	4h	0.2630	+0.843%	$1.1M	$1.8M	—	as long as short
BingX USELESS-USDT	+0.0822%	4h	0.2605	−0.096%	—	$5.3M	—	as long as short
Bybit USELESSUSDT	+0.1038%	4h	0.2607	−0.015%	$24.6M	$48.5M	13x	as long as short
BloFin USELESS-USDT	+0.1063%	4h	0.2619	+0.441%	$1.1M	$1.9M	12x	as long as short
Orderly PERP_USELESS_USDC	+0.1301%	4h	0.2612	+0.188%	$19K	$1.2M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2767	+6.105%	$5K	$11K	5.5x	as long as short