USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%

Price spread now: Polymarket Perps against OKX+0.113%7-day average +0.100% · you sell dearer than you buy

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs−$175as in the Price arb table

costs, in and out, $10k−$1761.762% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 7 days−0.075%−$8 · spread now +0.113%, 7d avg +0.100%

Together, before fees−0.141%−$14 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX USELESS-USDT-SWAP	0.2927	0.0100	pay 0.0050% / 4h	2h 46m	$10.4M	$65.5M	10x
Short	Polymarket Perps USELESS-USD	0.2931	0.0100	get 0.0013% / 1h	46m 00s	$29K	$135K	3x

Funding history

latest

Range statsloading…

Polymarket Perps against OKX. 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 OKXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.113%Rate

Slippage from OKX: live order book, 3 min ago; Polymarket Perps: live order book, 40 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 3 min ago	1.38 bp	18.4 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 40 min ago	2.86 bp	85.5 bp −$86	doesn't fit	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
ApeX Omni USELESSUSDT	+0.0032%	1h	0.2875	−1.787%	$41K	$697K	25x	as long as short
Lighter USELESS	+0.0096%	1h	0.2927	−0.024%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2927	−0.014%	$32K	$70K	3x	as long as short
OKX USELESS-USDT-SWAPlong	+0.0100%	4h	0.2927	long leg	$10.4M	$65.5M	10x
Polymarket Perps USELESS-USDshort	+0.0100%	1h	0.2931	+0.113%	$29K	$135K	3x
SunX USELESS-USDT	+0.0100%	4h	0.2928	+0.041%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2926	−0.055%	$20K	$376K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2919	−0.294%	$579K	$1.3M	20x	as long as short
KuCoin USELESSUSDTM	+0.0158%	4h	0.2926	−0.044%	$5.5M	$9.5M	12x	as long as short
Aevo USELESS-PERP	+0.0240%	1h	0.2925	−0.067%	$10K	—	3x	as long as short

Show 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	−0.061%	$7.3M	$7.7M	50x	as long as short
Bitget USELESSUSDT	+0.0568%	4h	0.2927	−0.017%	$5.5M	$8.7M	20x	as long as short
edgeX USELESSUSDC	+0.0659%	4h	0.2901	−0.914%	$22K	$189K	10x	as long as short
MEXC USELESS_USDT	+0.0672%	4h	0.2928	+0.020%	$10.3M	$5.8M	50x	as long as short
Binance USELESSUSDT	+0.0686%	4h	0.2929	+0.049%	$25.2M	$109.1M	50x	as long as short
Extended USELESS-USD	+0.0688%	1h	0.2927	−0.020%	$308K	$967K	5x	as long as short
Orderly PERP_USELESS_USDC	+0.1129%	4h	0.2929	+0.055%	$22K	$1.4M	10x	as long as short
Variational Omni USELESS	+0.1192%	4h	0.2881	−1.585%	$1.1M	$1.7M	—	as long as short
BingX USELESS-USDT	+0.1312%	4h	0.2929	+0.061%	—	$4.9M	—	as long as short
Aster USELESSUSDT	+0.1345%	4h	0.2933	+0.195%	$676K	$2.1M	10x	as long as short
Bybit USELESSUSDT	+0.1446%	4h	0.2930	+0.092%	$29.5M	$42.6M	13x	as long as short
Hyperliquid USELESS	+0.1576%	1h	0.2932	+0.171%	$15.0M	$19.6M	3x	as long as short
BloFin USELESS-USDT	+0.1804%	4h	0.2924	−0.113%	$1.3M	$2.0M	12x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.3092	+5.620%	$5K	$10K	5.5x	as long as short