Funding arb · Price arb / Crypto
USELESS
All USELESS markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1290 | +0.0100 | pay 0.0013% / 1h | 53m 15s | $42K | $320K | 12x | Long TxFlow5% off | |
| SHORT | 0.1290 | +0.1454 | get 0.0182% / 1h | 53m 15s | $28K | $96K | 25x | Short ApeX Omni5% off |
Price gap+0.008%
Funding gap+0.1354% /8h
Funding trade: +$41 a day on $10k at the current rate, before costs. The price gap is at zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8+0.1354% /8h now · paid +0.081% over the last 7D
Price—spread +0.008% now · no price history on both exchanges yet
Costsno datano order book for ApeX Omni
Result, before costs—+ Points / potential airdropTxFlow: points · farm boardneeds both price histories
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.081% in total, about +0.0039%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.008%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUSELESS on 29 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for ApeX Omni: its slippage is not counted.
- Note: Margin at max leverage$833 + $400TxFlow 12x, ApeX Omni 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$40.61Long TxFlow: 24 payments, −$3.00; short ApeX Omni: 24 payments, +$43.61.
- Note: No 7-day spread history+0.008%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$28K vs $42K OIApeX Omni sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · ApeX Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0039%/8h × 21 periods+$8.14
Price spread+0.008% → 0+$0.78
Slippage, 4 ordersno data for ApeX Omni—
Fee TxFlow bp × 2 orders−$9.00
Fee ApeX Omni bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$10.09
Costs to cover0.190%Break-even15.7 days
Slippage: TxFlow: live order book, 37 min ago; ApeX Omni: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.2227.4 bp−$27doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTApeX Omni—————
Closing costs about the same again.
ApeX Omni: no data.
| 10-02 16:07 | Lighter RH | Listing | New perp listing! You can now trade $USELESS on Lighter on Robinhood Chain at 3x leverage. @Lighter_xyz on X ↗ |
| 10-02 14:14 | Lighter RH | Listing | new market USELESS ($USELESS) seen by our collector |
| 10-01 10:34 | Avantis | Listing | new market USELESS/USD ($USELESS) seen by our collector |
| 09-25 05:25 | Arcus | Listing | $USELESS perpetuals are now live on Arcus. Up to 10x leverage. @arcus_xyz on X ↗ |
| 09-24 17:18 | Arcus | Listing | new market USELESS-USD ($USELESS) seen by our collector |
| 09-22 14:31 | Nado | Listing | new market USELESS-PERP ($USELESS) seen by our collector |

Lighter RH
Avantis