Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Extended against MEXC−0.080%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2042.039% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.080%, 7d avg −0.039%
=Together, before fees+0.086%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.041% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USELESS_USDT | 0.2809 | 0.0552 | pay 0.0276% / 4h | 2h 05m | $11.0M | $6.0M | 50x |
| Short | Extended USELESS-USD | 0.2806 | 0.0552 | get 0.0069% / 1h | 5m 31s | $298K | $1.1M | 5x |
MEXC USELESS_USDT
Extended USELESS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against MEXC. 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
- $0
- Price spread: −0.080% → −0.039%
- −$4.09
- Slippage, 4 orders
- −$190.89
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$207.97
- Costs to cover
- 2.039%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Extended: live order book, 3 min ago.
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 MEXC live order book, 3 min ago | 0.18 bp | 14.7 bp −$15 | 48.7 bp −$487 | 143.2 bp −$14.3K | doesn't fit |
| Sell Extended live order book, 3 min ago | 69.90 bp | 88.2 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.2808 | −0.036% | $1.3M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2808 | −0.021% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2806 | −0.100% | $9.9M | $65.9M | 10x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2804 | −0.178% | $7.1M | $8.5M | 50x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2813 | +0.171% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2815 | +0.235% | $18K | $502K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2803 | −0.203% | $608K | $1.1M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0146% | 4h | 0.2807 | −0.043% | $5.2M | $10.4M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0216% | 1h | 0.2812 | +0.126% | $10K | — | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0370% | 1h | 0.2805 | −0.132% | $27K | $203K | 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 | 0.2811 | +0.068% | $21K | $194K | 10x | as long as short |
| Extended USELESS-USDshort | +0.0552% | 1h | 0.2806 | −0.080% | $298K | $1.1M | 5x | |
| MEXC USELESS_USDTlong | +0.0552% | 4h | 0.2809 | long leg | $11.0M | $6.0M | 50x | |
| Binance USELESSUSDT | +0.0554% | 4h | 0.2808 | −0.018% | $23.8M | $117.0M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0576% | 4h | 0.2804 | −0.150% | $5.4M | $9.9M | 20x | as long as short |
| BingX USELESS-USDT | +0.0702% | 4h | 0.2807 | −0.057% | — | $5.1M | — | as long as short |
| ApeX Omni USELESSUSDT | +0.0716% | 1h | 0.2808 | −0.025% | $39K | $698K | 25x | as long as short |
| Bybit USELESSUSDT | +0.0801% | 4h | 0.2808 | −0.007% | $27.3M | $46.3M | 13x | as long as short |
| Variational Omni USELESS | +0.0873% | 4h | 0.2812 | +0.107% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDT | +0.1079% | 4h | 0.2805 | −0.132% | $625K | $2.3M | 10x | as long as short |
| Hyperliquid USELESS | +0.1248% | 1h | 0.2807 | −0.043% | $14.0M | $20.7M | 3x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1314% | 4h | 0.2812 | +0.107% | $22K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2989 | +6.402% | $5K | $9K | 5.5x | as long as short |
edgeX USELESSUSDC
Binance USELESSUSDT
Bitget USELESSUSDT
BingX USELESS-USDT
ApeX Omni USELESSUSDT
Bybit USELESSUSDT
Variational Omni USELESS
Aster USELESSUSDT
Hyperliquid USELESS
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP