USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Lighter against Pacifica+0.089%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 Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.165%+$17 on $10k

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

Together, before fees—+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.089% dearer against Pacifica than usual: you sell high and buy low, +$9 on $10k if it 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	0.2921	0.0100	pay 0.0013% / 1h	14m 46s	$32K	$70K	3x
Short	Lighter USELESS	0.2924	0.0096	get 0.0012% / 1h	14m 46s	$1.3M	$1.1M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.089%Rate

Funding earned: −$0.84
Price spread: +0.089% → 0.000%: $8.9
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $0.06
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Pacifica: no order-book sample; Lighter: live order book, 6 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 Lighter live order book, 6 min ago	4.26 bp	17.8 bp −$18	95.9 bp −$959	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 USELESSshort	+0.0096%	1h	0.2924	+0.089%	$1.3M	$1.1M	3x
Pacifica USELESSlong	+0.0100%	1h	0.2921	long leg	$32K	$70K	3x
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2921	−0.010%	$10.5M	$65.5M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2924	+0.106%	$29K	$138K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2931	+0.325%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2921	−0.014%	$20K	$384K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2911	−0.335%	$582K	$1.2M	20x	as long as short
KuCoin USELESSUSDTM	+0.0238%	4h	0.2924	+0.103%	$5.4M	$9.6M	12x	as long as short
Aevo USELESS-PERP	+0.0240%	1h	0.2923	+0.077%	$10K	—	3x	as long as short
Gate USELESS_USDT	+0.0386%	4h	0.2919	−0.082%	$7.3M	$7.8M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni USELESSUSDT	+0.0396%	1h	0.2925	+0.130%	$42K	$699K	25x	as long as short
Bitget USELESSUSDT	+0.0526%	4h	0.2927	+0.192%	$5.6M	$8.8M	20x	as long as short
Extended USELESS-USD	+0.0648%	1h	0.2925	+0.144%	$308K	$968K	5x	as long as short
MEXC USELESS_USDT	+0.0648%	4h	0.2923	+0.068%	$10.3M	$5.9M	50x	as long as short
Binance USELESSUSDT	+0.0649%	4h	0.2924	+0.103%	$25.1M	$110.0M	50x	as long as short
edgeX USELESSUSDC	+0.0661%	4h	0.2932	+0.375%	$22K	$190K	10x	as long as short
Orderly PERP_USELESS_USDC	+0.1179%	4h	0.2923	+0.045%	$22K	$1.4M	10x	as long as short
BingX USELESS-USDT	+0.1200%	4h	0.2928	+0.229%	—	$4.9M	—	as long as short
Bybit USELESSUSDT	+0.1237%	4h	0.2923	+0.079%	$29.6M	$42.8M	13x	as long as short
Variational Omni USELESS	+0.1330%	4h	0.2930	+0.285%	$1.2M	$1.7M	—	as long as short
Aster USELESSUSDT	+0.1366%	4h	0.2924	+0.094%	$675K	$2.2M	10x	as long as short
Hyperliquid USELESS	+0.1610%	1h	0.2931	+0.329%	$15.0M	$19.7M	3x	as long as short
BloFin USELESS-USDT	+0.1617%	4h	0.2927	+0.195%	$1.2M	$2.0M	12x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.3111	+6.487%	$5K	$10K	5.5x	as long as short