Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.2405+0.0100pay 0.0050% / 4h34m 06s—$760K10xLong SunX≤10% back
SHORT0.2407+0.0862get 0.0108% / 1h34m 06s$248K$501K10xShort Arcus5% off
Price gap+0.058%
Funding gap+0.0762% /8h

Funding trade: +$23 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$78+0.0762% /8h now · paid +0.778% over the last 5 days (all we have)
Price−$1spread +0.058% now, avg +0.072% → −0.014% if it goes back
Costs−$1541.537% of $10k · taker + slippage, in and out

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Arcus price against SunXnow
RANGE STATS · 7D
Now+0.058%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

USELESS on 26 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size63.4 / 8.3 bp
    At $10k entering SunX costs 63.4 bp, fee and slippage, 7.7× Arcus’s.
  • Note: Margin at max leverage$1,000 + $1,000
    SunX 10x, Arcus 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$22.86Long SunX: 6 payments, −$3.00; short Arcus: 24 payments, +$25.86.
  • Note: Gap at its usual level+0.058% vs +0.072%
    The price leg adds little either way.
  • Watch: Long leg is thinner— vs $248K OI
    SunX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legSunX No · Arcus No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0492%/8h × 21 periods+$103.41
Price spread+0.058% → +0.072% (7d avg)−$1.40
Slippage, 4 orderslive order books−$141.22
Fee SunX bp × 2 orders−$8.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k−$51.71
Costs to cover1.537%Break-even10.5 days
Slippage: SunX: live order book, 13 min ago; Arcus: live order book, 40 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGSunX44.7063.4 bp−$63doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTArcus2.078.3 bp−$825.8 bp−$258doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

USELESS news

posts that mention USELESS, from every exchangeSearch all news →
09-25 05:25ArcusListing$USELESS perpetuals are now live on Arcus. Up to 10x leverage. @arcus_xyz on X ↗
09-24 17:18ArcusListingnew market USELESS-USD ($USELESS) seen by our collector
09-22 14:31NadoListingnew market USELESS-PERP ($USELESS) seen by our collector