USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%

Price spread now: Polymarket Perps against SunX−0.021%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1561.563% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 3 days (all we have)+0.323%+$32 · spread now −0.021%, 7d avg −0.033%

Together, before fees+0.286%+$29 on $10k · with fees, hour by hour

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	33m 52s	—	$1.4M	10x
Short	Polymarket Perps USELESS-USD	0.2817	0.0100	get 0.0013% / 1h	33m 52s	$34K	$156K	3x

Funding history

latest

Range statsloading…

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.021%Rate

Slippage from SunX: live order book, 11 min ago; Polymarket Perps: live order book, 43 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, 11 min ago	44.65 bp	63.2 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 43 min ago	2.38 bp	20.0 bp −$20	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	0.2820	+0.064%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2814	−0.135%	$31K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2816	−0.057%	$9.9M	$66.4M	10x	as long as short
Polymarket Perps USELESS-USDshort	+0.0100%	1h	0.2817	−0.021%	$34K	$156K	3x
SunX USELESS-USDTlong	+0.0100%	4h	0.2818	long leg	—	$1.4M	10x
HTX USELESS-USDT	+0.0100%	4h	0.2812	−0.227%	$18K	$495K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2817	−0.046%	$570K	$1.2M	20x	as long as short
ApeX Omni USELESSUSDT	+0.0194%	1h	0.2804	−0.497%	$39K	$700K	25x	as long as short
Aevo USELESS-PERP	+0.0208%	1h	0.2821	+0.098%	$10K	—	3x	as long as short
KuCoin USELESSUSDTM	+0.0288%	4h	0.2816	−0.060%	$5.2M	$10.0M	12x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget USELESSUSDT	+0.0346%	4h	0.2819	+0.053%	$5.3M	$9.4M	20x	as long as short
Gate USELESS_USDT	+0.0394%	4h	0.2813	−0.160%	$7.0M	$8.3M	50x	as long as short
edgeX USELESSUSDC	+0.0506%	4h	0.2813	−0.183%	$21K	$192K	10x	as long as short
MEXC USELESS_USDT	+0.0508%	4h	0.2820	+0.075%	$10.4M	$6.0M	50x	as long as short
Binance USELESSUSDT	+0.0510%	4h	0.2819	+0.051%	$23.7M	$116.0M	50x	as long as short
Extended USELESS-USD	+0.0512%	1h	0.2817	−0.034%	$297K	$966K	5x	as long as short
BingX USELESS-USDT	+0.1040%	4h	0.2820	+0.060%	—	$5.0M	—	as long as short
Bybit USELESSUSDT	+0.1062%	4h	0.2820	+0.071%	$27.8M	$45.7M	13x	as long as short
Aster USELESSUSDT	+0.1107%	4h	0.2813	−0.187%	$647K	$2.3M	10x	as long as short
Variational Omni USELESS	+0.1218%	4h	0.2814	−0.127%	$1.2M	$1.8M	—	as long as short
Orderly PERP_USELESS_USDC	+0.1341%	4h	0.2820	+0.071%	$22K	$1.4M	10x	as long as short
BloFin USELESS-USDT	+0.1395%	4h	0.2815	−0.121%	$1.2M	$2.0M	12x	as long as short
Hyperliquid USELESS	+0.1537%	1h	0.2823	+0.177%	$14.0M	$21.0M	3x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2995	+6.278%	$5K	$9K	5.5x	as long as short