Funding you earn now, next payment 00:00 UTC+0.0396%/8h= +43.4% APRpaid last 24h +0.116%
Price spread now: edgeX against Pacifica−0.071%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.275%+$27 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropPacifica: Active · edgeX: Active · farm boardneeds both histories
Funding pays, the price is against you. edgeX is 0.071% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 14 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.275% in total) that is about 43 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.275% in total (about 14.3% 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 | 0.2820 | 0.0100 | pay 0.0013% / 1h | 10m 23s | $32K | $70K | 3x |
| Short | edgeX USELESSUSDC | 0.2818 | 0.0496 | get 0.0248% / 4h | 10m 23s | $21K | $192K | 10x |
Pacifica USELESS
edgeX USELESSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $83.25
- Price spread: −0.071% → 0.000%
- −$7.09
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $59.16
- Costs to cover
- 0.170%
- Break-even
- 2.0 days
Slippage unknown: Pacifica: no order-book sample; edgeX: live order book, 1 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 edgeX live order book, 1 min ago | 0.71 bp | 75.7 bp −$76 | doesn't fit | doesn't fit | 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 | 0.2819 | −0.049% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESSlong | +0.0100% | 1h | 0.2820 | long leg | $32K | $70K | 3x | |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2816 | −0.152% | $9.9M | $66.5M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2817 | −0.134% | $40K | $162K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2825 | +0.157% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2820 | −0.028% | $19K | $499K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2817 | −0.127% | $575K | $1.2M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0102% | 1h | 0.2812 | −0.301% | $39K | $701K | 25x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2824 | +0.119% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0206% | 4h | 0.2819 | −0.063% | $5.2M | $10.0M | 12x | as long as short |
Lighter USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDT
Aevo USELESS-PERP
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USELESSUSDT | +0.0302% | 4h | 0.2821 | +0.026% | $5.3M | $9.4M | 20x | as long as short |
| Gate USELESS_USDT | +0.0362% | 4h | 0.2814 | −0.226% | $7.0M | $8.3M | 50x | as long as short |
| MEXC USELESS_USDT | +0.0494% | 4h | 0.2817 | −0.141% | $10.4M | $6.0M | 50x | as long as short |
| Extended USELESS-USD | +0.0496% | 1h | 0.2820 | −0.033% | $297K | $966K | 5x | as long as short |
| edgeX USELESSUSDCshort | +0.0496% | 4h | 0.2818 | −0.071% | $21K | $192K | 10x | |
| Binance USELESSUSDT | +0.0503% | 4h | 0.2819 | −0.042% | $23.8M | $116.5M | 50x | as long as short |
| BingX USELESS-USDT | +0.0890% | 4h | 0.2817 | −0.127% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.0944% | 4h | 0.2819 | −0.038% | $27.7M | $45.8M | 13x | as long as short |
| Variational Omni USELESS | +0.1029% | 4h | 0.2823 | +0.091% | $1.2M | $1.8M | — | as long as short |
| Aster USELESSUSDT | +0.1065% | 4h | 0.2817 | −0.139% | $647K | $2.3M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1235% | 4h | 0.2825 | +0.150% | $1.2M | $2.0M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1321% | 4h | 0.2824 | +0.114% | $22K | $1.4M | 10x | as long as short |
| Hyperliquid USELESS | +0.1507% | 1h | 0.2820 | −0.010% | $14.1M | $21.2M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2971 | +5.330% | $5K | $9K | 5.5x | as long as short |
Bitget USELESSUSDT
Gate USELESS_USDT
MEXC USELESS_USDT
Extended USELESS-USD
Binance USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Aster USELESSUSDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
Injective USELESS/USDC PERP