Funding you earn now, next payment 01:00 UTC−0.0382%/8h= −41.8% APRpaid last 24h −0.113%
Price spread now: Pacifica against MEXC+0.408%45s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.303%−$30 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Pacifica is 0.408% dearer against MEXC than usual: you sell high and buy low (spread +0.408% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 7 days (−0.303% in total) that is about 9.4 days. The two prices were read 45 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 | MEXC USELESS_USDT | 0.2867 | 0.0482 | pay 0.0241% / 4h | 3h 18m | $10.8M | $5.9M | 50x |
| Short | Pacifica USELESS | 0.2878 | 0.0100 | get 0.0013% / 1h | 18m 55s | $32K | $69K | 3x |
MEXC USELESS_USDT
Pacifica USELESSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$80.22
- Price spread: +0.408% → 0.000%
- $40.81
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$55.41
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 1.40 bp | 9.0 bp −$9 | 47.4 bp −$474 | 169.7 bp −$17.0K | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2869 | +0.080% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESSshort | +0.0100% | 1h | 0.2878 | +0.408% | $32K | $69K | 3x | |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2867 | +0.010% | $10.1M | $67.3M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2878 | +0.408% | $50K | $173K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2880 | +0.467% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2880 | +0.457% | $19K | $510K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2867 | +0.021% | $606K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0166% | 4h | 0.2868 | +0.052% | $5.3M | $10.1M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2872 | +0.203% | $10K | — | 3x | as long as short |
| ApeX Omni USELESSUSDT | +0.0444% | 1h | 0.2856 | −0.370% | $40K | $699K | 25x | as long as short |
Lighter USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Aevo USELESS-PERP
ApeX Omni USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended USELESS-USD | +0.0472% | 1h | 0.2865 | −0.050% | $304K | $1.2M | 5x | as long as short |
| Binance USELESSUSDT | +0.0474% | 4h | 0.2864 | −0.077% | $24.2M | $116.2M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0475% | 4h | 0.2857 | −0.344% | $21K | $193K | 10x | as long as short |
| MEXC USELESS_USDTlong | +0.0482% | 4h | 0.2867 | long leg | $10.8M | $5.9M | 50x | |
| Bitget USELESSUSDT | +0.0522% | 4h | 0.2866 | −0.031% | $5.5M | $9.6M | 20x | as long as short |
| Gate USELESS_USDT | +0.0740% | 4h | 0.2860 | −0.230% | $7.2M | $8.4M | 50x | as long as short |
| Bybit USELESSUSDT | +0.0911% | 4h | 0.2869 | +0.077% | $28.1M | $46.2M | 13x | as long as short |
| BingX USELESS-USDT | +0.1014% | 4h | 0.2867 | +0.024% | — | $5.1M | — | as long as short |
| Variational Omni USELESS | +0.1037% | 4h | 0.2856 | −0.377% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDT | +0.1041% | 4h | 0.2874 | +0.272% | $661K | $2.3M | 10x | as long as short |
| Hyperliquid USELESS | +0.1153% | 1h | 0.2871 | +0.140% | $14.5M | $21.0M | 3x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1244% | 4h | 0.2873 | +0.223% | $22K | $1.4M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1352% | 4h | 0.2871 | +0.164% | $1.2M | $2.1M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3023 | +5.445% | $5K | $9K | 5.5x | as long as short |
Extended USELESS-USD
Binance USELESSUSDT
edgeX USELESSUSDC
Bitget USELESSUSDT
Gate USELESS_USDT
Bybit USELESSUSDT
BingX USELESS-USDT
Variational Omni USELESS
Aster USELESSUSDT
Hyperliquid USELESS
Orderly PERP_USELESS_USDC
BloFin USELESS-USDT
Injective USELESS/USDC PERP