USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0310%/8h= +34.0% APRnext payment +$1.55 per $10,000 · paid last 24h +0.061%

Price spread now: BloFin against Variational Omni−0.110%116s7-day average −0.093% · you buy dearer than you sell

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

Long on Variational Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.197%+$20 on $10k

Price spread, last 3 days (all we have)−0.025%−$2 · spread now −0.110%, 7d avg −0.093%

Together, before fees+0.173%+ Points / potential airdropVariational Omni: Active · farm board+$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.093%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 116 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	Variational Omni USELESS	0.2728	0.1483	pay 0.0741% / 4h	1h 17m	$1.1M	$1.8M	—
Short	BloFin USELESS-USDT	0.2725	0.1793	get 0.0897% / 4h	1h 17m	$1.2M	$1.9M	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee BloFinbpOrdersPrice spread, now −0.110%Rate

Funding earned: $65.2
Price spread: −0.110% → −0.093%: −$1.77
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $51.44
Costs to cover: 0.120%
Break-even: 1.5 days

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; BloFin: live order book, 5 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 Variational Omni RFQ quote, 2 min ago	7.33 bp	doesn't fit	99.0 bp −$990	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	0.37 bp	11.5 bp −$11	32.7 bp −$327	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	0.2728	−0.008%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2727	−0.043%	$30K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2725	−0.132%	$9.6M	$63.0M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2727	−0.033%	$26K	$146K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2737	+0.315%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2741	+0.469%	$18K	$489K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2726	−0.081%	$559K	$1.2M	20x	as long as short
Aevo USELESS-PERP	+0.0200%	1h	0.2726	−0.085%	$10K	—	3x	as long as short
ApeX Omni USELESSUSDT	+0.0277%	1h	0.2731	+0.095%	$38K	$700K	25x	as long as short
KuCoin USELESSUSDTM	+0.0326%	4h	0.2728	−0.022%	$5.1M	$9.9M	12x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate USELESS_USDT	+0.0350%	4h	0.2724	−0.151%	$6.8M	$8.1M	50x	as long as short
MEXC USELESS_USDT	+0.0480%	4h	0.2729	+0.018%	$9.9M	$5.9M	50x	as long as short
Extended USELESS-USD	+0.0488%	1h	0.2726	−0.105%	$287K	$965K	5x	as long as short
edgeX USELESSUSDC	+0.0489%	4h	0.2733	+0.185%	$20K	$191K	10x	as long as short
Binance USELESSUSDT	+0.0489%	4h	0.2727	−0.066%	$23.1M	$114.0M	50x	as long as short
Bitget USELESSUSDT	+0.0492%	4h	0.2727	−0.059%	$5.2M	$9.1M	20x	as long as short
Hyperliquid USELESS	+0.0839%	1h	0.2728	−0.004%	$13.3M	$20.6M	3x	as long as short
Aster USELESSUSDT	+0.1118%	4h	0.2726	−0.085%	$639K	$2.2M	10x	as long as short
Orderly PERP_USELESS_USDC	+0.1274%	4h	0.2727	−0.037%	$21K	$1.4M	10x	as long as short
BingX USELESS-USDT	+0.1320%	4h	0.2727	−0.070%	—	$5.0M	—	as long as short
Bybit USELESSUSDT	+0.1384%	4h	0.2726	−0.074%	$27.3M	$44.7M	13x	as long as short
Variational Omni USELESSlong	+0.1483%	4h	0.2728	long leg	$1.1M	$1.8M	—
BloFin USELESS-USDTshort	+0.1793%	4h	0.2725	−0.110%	$1.2M	$1.9M	12x
Injective USELESS/USDC PERP	+0.5000%	1h	0.2894	+6.084%	$5K	$9K	5.5x	as long as short