Funding you earn now, next payment 08:00 UTC+0.0065%/8h= +7.2% APRnext payment +$0.33 per $10,000 · paid last 24h +0.004%
Price spread now: OKX against SunX+0.691%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$1651.645% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 4 days (all we have)−0.504%−$50 · spread now +0.691%, 7d avg −0.065%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.756% dearer against SunX than usual: you sell high and buy low: +$76 more if the spread goes back to its 7-day average of −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX USELESS-USDT | 0.2778 | 0.0100 | pay 0.0050% / 4h | 1h 44m | — | $1.4M | 10x |
| Short | OKX USELESS-USDT-SWAP | 0.2797 | 0.0165 | get 0.0083% / 4h | 1h 44m | $9.6M | $69.3M | 10x |
SunX USELESS-USDT
OKX USELESS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $13.72
- Price spread: +0.691% → −0.065%
- $75.58
- Slippage, 4 orders
- −$146.52
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$75.21
- Costs to cover
- 1.645%
- Break-even
- 45.4 days
Slippage from SunX: live order book, 10 min ago; OKX: live order book, 4 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, 10 min ago | 44.82 bp | 63.3 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.70 bp | 18.9 bp −$19 | 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 | 0.2797 | +0.709% | $1.3M | $1.2M | 3x | as long as short |
| Aster USELESSUSDT | +0.0100% | 4h | 0.2798 | +0.738% | $548K | $2.2M | 10x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2795 | +0.623% | $30K | $19K | 3x | as long as short |
| Bitget USELESSUSDT | +0.0100% | 4h | 0.2795 | +0.641% | $5.4M | $10.4M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2785 | +0.256% | $26K | $258K | 3x | as long as short |
| SunX USELESS-USDTlong | +0.0100% | 4h | 0.2778 | long leg | — | $1.4M | 10x | |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2788 | +0.382% | $19K | $517K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2792 | +0.522% | $646K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0140% | 4h | 0.2793 | +0.572% | $5.1M | $10.6M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0152% | 1h | 0.2791 | +0.487% | $10K | — | 3x | as long as short |
Lighter USELESS
Aster USELESSUSDT
Pacifica USELESS
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX USELESS-USDT-SWAPshort | +0.0165% | 4h | 0.2797 | +0.691% | $9.6M | $69.3M | 10x | |
| edgeX USELESSUSDC | +0.0273% | 4h | 0.2788 | +0.364% | $21K | $197K | 10x | as long as short |
| Extended USELESS-USD | +0.0280% | 1h | 0.2795 | +0.639% | $138K | $890K | 5x | as long as short |
| MEXC USELESS_USDT | +0.0282% | 4h | 0.2799 | +0.756% | $11.4M | $6.1M | 50x | as long as short |
| Binance USELESSUSDT | +0.0285% | 4h | 0.2798 | +0.720% | $23.2M | $123.6M | 50x | as long as short |
| Hyperliquid USELESS | +0.0389% | 1h | 0.2798 | +0.724% | $12.2M | $23.4M | 3x | as long as short |
| Gate USELESS_USDT | +0.0404% | 4h | 0.2792 | +0.500% | $7.0M | $8.6M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0529% | 1h | 0.2784 | +0.230% | $49K | $700K | 25x | as long as short |
| BingX USELESS-USDT | +0.0532% | 4h | 0.2795 | +0.616% | — | $5.3M | — | as long as short |
| Variational Omni USELESS | +0.0556% | 4h | 0.2784 | +0.236% | $1.1M | $1.8M | — | as long as short |
| Bybit USELESSUSDT | +0.0588% | 4h | 0.2796 | +0.652% | $26.2M | $48.7M | 13x | as long as short |
| BloFin USELESS-USDT | +0.0828% | 4h | 0.2797 | +0.691% | $1.2M | $2.1M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1066% | 4h | 0.2793 | +0.569% | $21K | $1.4M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2949 | +6.160% | $5K | $11K | 5.5x | as long as short |
edgeX USELESSUSDC
Extended USELESS-USD
MEXC USELESS_USDT
Binance USELESSUSDT
Hyperliquid USELESS
Gate USELESS_USDT
ApeX Omni USELESSUSDT
BingX USELESS-USDT
Variational Omni USELESS
Bybit USELESSUSDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP