USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.4900%/8h= +536.5% APRnext payment +$6.13 per $10,000 · paid last 24h −0.909%

Price spread now: Injective against Pacifica+5.829%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$147 a day on $10k at the current rate, and Injective is 5.829% dearer against Pacifica than usual: you sell high and buy low: +$583 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica USELESS	0.2819	0.0100	pay 0.0013% / 1h	46m 28s	$32K	$70K	3x
Short	Injective USELESS/USDC PERP	0.2983	0.5000	get 0.0625% / 1h	46m 28s	$5K	$9K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee InjectivebpOrdersPrice spread, now +5.829%Rate

Funding earned: $1,029
Price spread: +5.829% → 0.000%: $582.91
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,603.89
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Pacifica: no order-book sample; Injective: 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 Pacifica no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Pacifica and Injective: 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	0.2817	−0.043%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESSlong	+0.0100%	1h	0.2819	long leg	$32K	$70K	3x
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2819	+0.028%	$9.9M	$66.3M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2819	+0.014%	$45K	$168K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2820	+0.053%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2808	−0.376%	$18K	$503K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2809	−0.323%	$590K	$1.2M	20x	as long as short
Aevo USELESS-PERP	+0.0200%	1h	0.2820	+0.057%	$10K	—	3x	as long as short
KuCoin USELESSUSDTM	+0.0216%	4h	0.2818	−0.004%	$5.2M	$10.1M	12x	as long as short
Bitget USELESSUSDT	+0.0362%	4h	0.2821	+0.085%	$5.4M	$9.5M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX USELESSUSDC	+0.0442%	4h	0.2799	−0.706%	$21K	$193K	10x	as long as short
Extended USELESS-USD	+0.0472%	1h	0.2819	+0.018%	$299K	$1.1M	5x	as long as short
MEXC USELESS_USDT	+0.0474%	4h	0.2822	+0.114%	$10.6M	$5.9M	50x	as long as short
Binance USELESSUSDT	+0.0484%	4h	0.2821	+0.073%	$23.8M	$116.1M	50x	as long as short
ApeX Omni USELESSUSDT	+0.0646%	1h	0.2795	−0.837%	$39K	$702K	25x	as long as short
Gate USELESS_USDT	+0.0786%	4h	0.2815	−0.121%	$7.1M	$8.3M	50x	as long as short
Aster USELESSUSDT	+0.1040%	4h	0.2820	+0.057%	$647K	$2.3M	10x	as long as short
Variational Omni USELESS	+0.1125%	4h	0.2823	+0.149%	$1.2M	$1.7M	—	as long as short
Hyperliquid USELESS	+0.1228%	1h	0.2824	+0.202%	$14.1M	$21.1M	3x	as long as short
Orderly PERP_USELESS_USDC	+0.1295%	4h	0.2821	+0.089%	$22K	$1.4M	10x	as long as short
Bybit USELESSUSDT	+0.2097%	4h	0.2820	+0.057%	$27.7M	$45.9M	13x	as long as short
BloFin USELESS-USDT	+0.2143%	4h	0.2818	−0.021%	$1.2M	$2.0M	12x	as long as short
BingX USELESS-USDT	+0.2322%	4h	0.2821	+0.089%	—	$5.0M	—	as long as short
Injective USELESS/USDC PERPshort	+0.5000%	1h	0.2983	+5.829%	$5K	$9K	5.5x