Funding you earn now, next payment 02:00 UTC+0.4900%/8h= +536.5% APRpaid last 24h −0.909%
Price spread now: Injective against SunX+5.556%59s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$147 a day on $10k at the current rate, and Injective is 5.556% dearer against SunX than usual: you sell high and buy low: +$556 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX USELESS-USDT | 0.2818 | 0.0100 | pay 0.0050% / 4h | 2h 55m | — | $1.4M | 10x |
| Short | Injective USELESS/USDC PERP | 0.2975 | 0.5000 | get 0.0625% / 1h | 55m 27s | $5K | $9K | 5.5x |
SunX USELESS-USDT
Injective USELESS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $1,029
- Price spread: +5.556% → 0.000%
- $555.63
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,576.61
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 9 min ago; Injective: no order-book sample. 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 SunX live order book, 9 min ago | 45.79 bp | 64.2 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 USELESS | +0.0096% | 1h | 0.2817 | −0.043% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2818 | +0.002% | $31K | $69K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2812 | −0.245% | $9.9M | $66.7M | 10x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2809 | −0.348% | $7.1M | $8.3M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0100% | 1h | 0.2834 | +0.554% | $39K | $698K | 25x | as long as short |
| SunX USELESS-USDTlong | +0.0100% | 4h | 0.2818 | long leg | — | $1.4M | 10x | |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2821 | +0.082% | $18K | $514K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2813 | −0.202% | $594K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0120% | 4h | 0.2813 | −0.181% | $5.2M | $10.2M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2811 | −0.261% | $10K | — | 3x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Gate USELESS_USDT
ApeX Omni USELESSUSDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps USELESS-USD | +0.0390% | 1h | 0.2814 | −0.149% | $45K | $183K | 3x | as long as short |
| Binance USELESSUSDT | +0.0488% | 4h | 0.2808 | −0.364% | $23.7M | $117.4M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0488% | 4h | 0.2844 | +0.924% | $21K | $193K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0492% | 4h | 0.2811 | −0.280% | $11.0M | $6.0M | 50x | as long as short |
| Extended USELESS-USD | +0.0496% | 1h | 0.2821 | +0.078% | $297K | $1.2M | 5x | as long as short |
| Bitget USELESSUSDT | +0.0586% | 4h | 0.2806 | −0.429% | $5.4M | $9.9M | 20x | as long as short |
| BingX USELESS-USDT | +0.0692% | 4h | 0.2808 | −0.355% | — | $5.1M | — | as long as short |
| Bybit USELESSUSDT | +0.0829% | 4h | 0.2809 | −0.326% | $27.4M | $46.6M | 13x | as long as short |
| Hyperliquid USELESS | +0.0844% | 1h | 0.2816 | −0.075% | $14.1M | $21.1M | 3x | as long as short |
| Variational Omni USELESS | +0.0962% | 4h | 0.2815 | −0.134% | $1.2M | $1.7M | — | as long as short |
| BloFin USELESS-USDT | +0.0983% | 4h | 0.2836 | +0.639% | $1.2M | $2.1M | 12x | as long as short |
| Aster USELESSUSDT | +0.1039% | 4h | 0.2816 | −0.085% | $648K | $2.3M | 10x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1244% | 4h | 0.2811 | −0.266% | $22K | $1.4M | 10x | as long as short |
| Injective USELESS/USDC PERPshort | +0.5000% | 1h | 0.2975 | +5.556% | $5K | $9K | 5.5x |
Polymarket Perps USELESS-USD
Binance USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Extended USELESS-USD
Bitget USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Hyperliquid USELESS
Variational Omni USELESS
BloFin USELESS-USDT
Aster USELESSUSDT
Orderly PERP_USELESS_USDC