USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0416%/8h= +45.6% APRnext payment +$2.08 per $10,000 · paid last 24h +0.158%

Price spread now: Variational Omni against SunX+0.085%7-day average +0.059% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.351%+$35 on $10k

Price spread, last 4 days (all we have)+0.201%+$20 · spread now +0.085%, 7d avg +0.059%

Together, before fees+0.552%+ Points / potential airdropVariational Omni: Active · farm board+$55 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Variational Omni is 0.026% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX USELESS-USDT	0.2684	0.0100	pay 0.0050% / 4h	2h 32m	—	$1.4M	10x
Short	Variational Omni USELESS	0.2686	0.0516	get 0.0258% / 4h	2h 32m	$1.0M	$1.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee Variational OmnibpOrdersPrice spread, now +0.085%Rate

Funding earned: $87.46
Price spread: +0.085% → +0.059%: $2.62
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $82.09
Costs to cover: 0.080%
Break-even: 0.4 days

Slippage unknown: SunX: live order book, 2 min ago; Variational Omni: RFQ quote, 2 min ago. 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, 2 min ago	44.90 bp	63.4 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	5.59 bp	doesn't fit	76.4 bp −$764	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	0.2680	−0.123%	$1.2M	$1.2M	3x	as long as short
Hyperliquid USELESS	+0.0100%	1h	0.2682	−0.071%	$11.6M	$22.9M	3x	as long as short
Aster USELESSUSDT	+0.0100%	4h	0.2683	−0.035%	$526K	$2.2M	10x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2683	−0.037%	$28K	$18K	3x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2682	−0.045%	$26K	$247K	3x	as long as short
SunX USELESS-USDTlong	+0.0100%	4h	0.2684	long leg	—	$1.4M	10x
HTX USELESS-USDT	+0.0100%	4h	0.2677	−0.257%	$18K	$519K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2683	−0.030%	$636K	$1.1M	20x	as long as short
Bitget USELESSUSDT	+0.0106%	4h	0.2680	−0.123%	$5.1M	$10.4M	20x	as long as short
KuCoin USELESSUSDTM	+0.0118%	4h	0.2680	−0.134%	$4.9M	$10.6M	12x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo USELESS-PERP	+0.0136%	1h	0.2685	+0.065%	$10K	—	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0152%	4h	0.2681	−0.097%	$9.2M	$65.4M	10x	as long as short
edgeX USELESSUSDC	+0.0214%	4h	0.2692	+0.293%	$20K	$196K	10x	as long as short
Extended USELESS-USD	+0.0224%	1h	0.2683	−0.019%	$114K	$1.1M	5x	as long as short
Binance USELESSUSDT	+0.0225%	4h	0.2683	−0.026%	$22.4M	$122.1M	50x	as long as short
MEXC USELESS_USDT	+0.0230%	4h	0.2683	−0.015%	$10.9M	$6.0M	50x	as long as short
ApeX Omni USELESSUSDT	+0.0263%	1h	0.2688	+0.160%	$47K	$697K	25x	as long as short
BingX USELESS-USDT	+0.0346%	4h	0.2681	−0.082%	—	$5.3M	—	as long as short
Bybit USELESSUSDT	+0.0359%	4h	0.2682	−0.060%	$25.3M	$48.4M	13x	as long as short
Variational Omni USELESSshort	+0.0516%	4h	0.2686	+0.085%	$1.0M	$1.8M	—
BloFin USELESS-USDT	+0.0618%	4h	0.2680	−0.138%	$1.1M	$2.0M	12x	as long as short
Gate USELESS_USDT	+0.0870%	4h	0.2680	−0.145%	$6.7M	$8.6M	50x	as long as short
Orderly PERP_USELESS_USDC	+0.1177%	4h	0.2683	−0.022%	$20K	$1.2M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2826	+5.310%	$5K	$11K	5.5x	as long as short