Settings8H · net · $10k
Funding arb · Price arb /

USELESS

all USELESS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against Pacifica+0.037%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.037% dearer against Pacifica than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica USELESS0.26900.0100pay 0.0013% / 1h42m 58s$29K$18K3x
ShortSunX USELESS-USDT0.26910.0100get 0.0050% / 4h2h 42m$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$0
Price spread: +0.037% → 0.000%
$3.72
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$12.28
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; SunX: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell SunX live order book, 11 min ago44.67 bp64.0 bp −$64doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter USELESS+0.0096%1h0.2689−0.037%$1.2M$1.2M3xas long as short
Hyperliquid USELESS+0.0100%1h0.2691+0.033%$11.7M$22.5M3xas long as short
Aster USELESSUSDT+0.0100%4h0.2691+0.052%$528K$2.3M10xas long as short
Pacifica USELESSlong+0.0100%1h0.2690long leg$29K$18K3x
Polymarket Perps USELESS-USD+0.0100%1h0.2690+0.022%$26K$244K3xas long as short
SunX USELESS-USDTshort+0.0100%4h0.2691+0.037%$1.4M10x
HTX USELESS-USDT+0.0100%4h0.2684−0.227%$18K$519K20xas long as short
Phemex USELESSUSDT+0.0100%4h0.26900.000%$636K$1.1M20xas long as short
Bitget USELESSUSDT+0.0114%4h0.2693+0.130%$5.1M$10.3M20xas long as short
OKX USELESS-USDT-SWAP+0.0125%4h0.2694+0.152%$9.2M$65.3M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo USELESS-PERP+0.0136%1h0.2686−0.157%$10K3xas long as short
KuCoin USELESSUSDTM+0.0142%4h0.2693+0.115%$4.9M$10.6M12xas long as short
MEXC USELESS_USDT+0.0224%4h0.2693+0.112%$10.9M$6.0M50xas long as short
Extended USELESS-USD+0.0232%1h0.2692+0.075%$114K$1.1M5xas long as short
Binance USELESSUSDT+0.0233%4h0.2694+0.172%$22.5M$121.5M50xas long as short
edgeX USELESSUSDC+0.0243%4h0.2683−0.270%$20K$197K10xas long as short
BingX USELESS-USDT+0.0419%4h0.2696+0.242%$5.3Mas long as short
Bybit USELESSUSDT+0.0420%4h0.2693+0.108%$25.4M$48.3M13xas long as short
Variational Omni USELESS+0.0499%4h0.2676−0.529%$1.1M$1.8Mas long as short
Gate USELESS_USDT+0.0564%4h0.2691+0.026%$6.7M$8.5M50xas long as short
BloFin USELESS-USDT+0.0660%4h0.2688−0.082%$1.1M$2.0M12xas long as short
ApeX Omni USELESSUSDT+0.0714%1h0.2684−0.216%$47K$698K25xas long as short
Orderly PERP_USELESS_USDC+0.1207%4h0.2690−0.007%$21K$1.2M10xas long as short
Injective USELESS/USDC PERP+0.5000%1h0.2826+5.071%$5K$11K5.5xas long as short