Funding you earn now, next payment 23:00 UTC+0.1154%/8h= +126.4% APRpaid last 24h +0.140%
Price spread now: BingX against Pacifica+0.242%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.341%+$34 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and BingX is 0.242% dearer against Pacifica than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.341% in total (about 17.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica USELESS | 0.2765 | 0.0100 | pay 0.0013% / 1h | 0m 35s | $31K | $70K | 3x |
| Short | BingX USELESS-USDT | 0.2771 | 0.1254 | get 0.0627% / 4h | 1h 00m | — | $5.0M | — |
Pacifica USELESS
BingX USELESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Pacifica. 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
- $242.34
- Price spread: +0.242% → 0.000%
- $24.23
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $248.57
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Pacifica: no order-book sample; BingX: live order book, 14 min ago. 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 14 min ago | 3.10 bp | 16.6 bp −$17 | 81.2 bp −$812 | 384.5 bp −$38.5K | doesn't fit |
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 | 0.2765 | +0.018% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESSlong | +0.0100% | 1h | 0.2765 | long leg | $31K | $70K | 3x | |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2770 | +0.184% | $9.7M | $64.5M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2750 | −0.543% | $29K | $151K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2750 | −0.546% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2749 | −0.553% | $18K | $491K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2756 | −0.322% | $555K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2755 | −0.350% | $10K | — | 3x | as long as short |
| ApeX Omni USELESSUSDT | +0.0216% | 1h | 0.2731 | −1.219% | $38K | $701K | 25x | as long as short |
| KuCoin USELESSUSDTM | +0.0342% | 4h | 0.2764 | −0.018% | $5.1M | $9.9M | 12x | as long as short |
Lighter USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
ApeX Omni USELESSUSDT
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0362% | 4h | 0.2765 | +0.007% | $6.9M | $8.2M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0440% | 4h | 0.2769 | +0.166% | $5.3M | $9.2M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0475% | 4h | 0.2740 | −0.891% | $20K | $192K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0500% | 4h | 0.2764 | −0.011% | $10.1M | $6.0M | 50x | as long as short |
| Extended USELESS-USD | +0.0504% | 1h | 0.2768 | +0.103% | $290K | $966K | 5x | as long as short |
| Binance USELESSUSDT | +0.0509% | 4h | 0.2768 | +0.112% | $23.4M | $114.8M | 50x | as long as short |
| Hyperliquid USELESS | +0.0895% | 1h | 0.2769 | +0.159% | $13.6M | $20.8M | 3x | as long as short |
| Aster USELESSUSDT | +0.1121% | 4h | 0.2768 | +0.106% | $636K | $2.2M | 10x | as long as short |
| BingX USELESS-USDTshort | +0.1254% | 4h | 0.2771 | +0.242% | — | $5.0M | — | |
| Bybit USELESSUSDT | +0.1283% | 4h | 0.2766 | +0.051% | $27.5M | $45.2M | 13x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1305% | 4h | 0.2759 | −0.195% | $21K | $1.4M | 10x | as long as short |
| Variational Omni USELESS | +0.1473% | 4h | 0.2730 | −1.261% | $1.1M | $1.7M | — | as long as short |
| BloFin USELESS-USDT | +0.1687% | 4h | 0.2763 | −0.065% | $1.2M | $1.9M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2894 | +4.691% | $5K | $9K | 5.5x | as long as short |
Gate USELESS_USDT
Bitget USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Extended USELESS-USD
Binance USELESSUSDT
Hyperliquid USELESS
Aster USELESSUSDT
Bybit USELESSUSDT
Orderly PERP_USELESS_USDC
Variational Omni USELESS
BloFin USELESS-USDT
Injective USELESS/USDC PERP