Funding you earn now, next payment 01:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h +0.110%
Price spread now: Extended against SunX−0.092%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$331as in the Price arb table
costs, in and out, $10k−$3273.270% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 3 days (all we have)+0.245%+$24 · spread now −0.092%, 7d avg −0.052%
=Together, before fees+0.479%+ Points / potential airdropExtended: Active · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.040% cheaper against SunX than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.052%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.234% in total) that is about 28 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.234% in total (about 12.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX USELESS-USDT | 0.2830 | 0.0100 | pay 0.0050% / 4h | 3h 43m | — | $1.4M | 10x |
| Short | Extended USELESS-USD | 0.2828 | 0.0480 | get 0.0060% / 1h | 43m 13s | $301K | $1.2M | 5x |
SunX USELESS-USDT
Extended USELESS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $79.8
- Price spread: −0.092% → −0.052%
- −$3.96
- Slippage, 4 orders
- −$313.98
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$251.14
- Costs to cover
- 3.270%
- Break-even
- 29.0 days
Slippage from SunX: live order book, 11 min ago; Extended: live order book, 30 min ago.
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 SunX live order book, 11 min ago | 45.11 bp | 63.5 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 30 min ago | 81.54 bp | 100.0 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.2826 | −0.159% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2825 | −0.194% | $32K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2828 | −0.088% | $9.9M | $66.4M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2823 | −0.244% | $46K | $169K | 3x | as long as short |
| SunX USELESS-USDTlong | +0.0100% | 4h | 0.2830 | long leg | — | $1.4M | 10x | |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2818 | −0.445% | $19K | $504K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2821 | −0.329% | $592K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2831 | +0.011% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0210% | 4h | 0.2825 | −0.184% | $5.2M | $10.1M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0398% | 4h | 0.2829 | −0.046% | $5.4M | $9.6M | 20x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
KuCoin USELESSUSDTM
Bitget USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX USELESSUSDC | +0.0466% | 4h | 0.2817 | −0.474% | $21K | $194K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0478% | 4h | 0.2829 | −0.049% | $10.7M | $5.9M | 50x | as long as short |
| Binance USELESSUSDT | +0.0479% | 4h | 0.2828 | −0.065% | $23.8M | $116.1M | 50x | as long as short |
| Extended USELESS-USDshort | +0.0480% | 1h | 0.2828 | −0.092% | $301K | $1.2M | 5x | |
| Gate USELESS_USDT | +0.0506% | 4h | 0.2823 | −0.272% | $7.1M | $8.3M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0723% | 1h | 0.2810 | −0.714% | $39K | $703K | 25x | as long as short |
| Aster USELESSUSDT | +0.1031% | 4h | 0.2825 | −0.194% | $649K | $2.3M | 10x | as long as short |
| Variational Omni USELESS | +0.1125% | 4h | 0.2823 | −0.261% | $1.2M | $1.7M | — | as long as short |
| Hyperliquid USELESS | +0.1185% | 1h | 0.2830 | −0.007% | $14.2M | $21.1M | 3x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1292% | 4h | 0.2828 | −0.095% | $22K | $1.4M | 10x | as long as short |
| Bybit USELESSUSDT | +0.1499% | 4h | 0.2829 | −0.042% | $27.8M | $45.9M | 13x | as long as short |
| BloFin USELESS-USDT | +0.2221% | 4h | 0.2830 | −0.011% | $1.2M | $2.0M | 12x | as long as short |
| BingX USELESS-USDT | +0.2322% | 4h | 0.2828 | −0.081% | — | $5.0M | — | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2990 | +5.632% | $5K | $9K | 5.5x | as long as short |
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Gate USELESS_USDT
ApeX Omni USELESSUSDT
Aster USELESSUSDT
Variational Omni USELESS
Hyperliquid USELESS
Orderly PERP_USELESS_USDC
Bybit USELESSUSDT
BloFin USELESS-USDT
BingX USELESS-USDT
Injective USELESS/USDC PERP