USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0679%/8h= +74.3% APRnext payment +$3.39 per $10,000 · paid last 24h +0.224%

Price spread now: BloFin against SunX−0.039%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$165as in the Price arb table

costs, in and out, $10k−$1641.642% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.797%+$80 on $10k

Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.039%, 7d avg −0.027%

Together, before fees+0.945%+$94 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX USELESS-USDT	0.2577	0.0100	pay 0.0050% / 4h	28m 46s	—	$1.4M	10x
Short	BloFin USELESS-USDT	0.2576	0.0779	get 0.0389% / 4h	28m 46s	$1.1M	$1.9M	12x

Funding history

latest

Range statsloading…

BloFin against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee SunXbpFee BloFinbpOrdersPrice spread, now −0.039%Rate

Slippage from SunX: live order book, 6 min ago; BloFin: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 6 min ago	44.79 bp	63.3 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	4.88 bp	23.0 bp −$23	doesn't fit	doesn't fit	doesn't fit

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	0.2566	−0.427%	$1.2M	$1.2M	3x	as long as short
Hyperliquid USELESS	+0.0100%	1h	0.2567	−0.396%	$11.4M	$22.9M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2568	−0.349%	$28K	$64K	3x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2576	−0.023%	$33K	$223K	3x	as long as short
SunX USELESS-USDTlong	+0.0100%	4h	0.2577	long leg	—	$1.4M	10x
HTX USELESS-USDT	+0.0100%	4h	0.2569	−0.299%	$17K	$521K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2576	−0.027%	$577K	$1.0M	20x	as long as short
Aevo USELESS-PERP	+0.0200%	1h	0.2572	−0.195%	$9K	—	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0205%	4h	0.2566	−0.442%	$8.9M	$63.1M	10x	as long as short
KuCoin USELESSUSDTM	+0.0222%	4h	0.2567	−0.396%	$4.6M	$10.7M	12x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate USELESS_USDT	+0.0244%	4h	0.2565	−0.470%	$6.4M	$8.7M	50x	as long as short
Bitget USELESSUSDT	+0.0348%	4h	0.2564	−0.493%	$4.9M	$10.4M	20x	as long as short
ApeX Omni USELESSUSDT	+0.0420%	1h	0.2558	−0.737%	$33K	$693K	25x	as long as short
Binance USELESSUSDT	+0.0455%	4h	0.2569	−0.315%	$21.4M	$123.3M	50x	as long as short
Extended USELESS-USD	+0.0456%	1h	0.2566	−0.425%	$113K	$1.2M	5x	as long as short
MEXC USELESS_USDT	+0.0458%	4h	0.2567	−0.380%	$10.3M	$6.2M	50x	as long as short
edgeX USELESSUSDC	+0.0461%	4h	0.2566	−0.408%	$19K	$197K	10x	as long as short
Aster USELESSUSDT	+0.0510%	4h	0.2569	−0.307%	$509K	$2.4M	10x	as long as short
Bybit USELESSUSDT	+0.0524%	4h	0.2566	−0.431%	$24.5M	$48.6M	13x	as long as short
BingX USELESS-USDT	+0.0532%	4h	0.2566	−0.431%	—	$5.3M	—	as long as short
Variational Omni USELESS	+0.0718%	4h	0.2564	−0.512%	$1.0M	$1.9M	—	as long as short
BloFin USELESS-USDTshort	+0.0779%	4h	0.2576	−0.039%	$1.1M	$1.9M	12x
Orderly PERP_USELESS_USDC	+0.1323%	4h	0.2578	+0.035%	$19K	$1.2M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2704	+4.936%	$5K	$11K	5.5x	as long as short