Funding you earn now, next payment 00:00 UTC−0.1335%/8h= −146.2% APRnext payment −$6.68 per $10,000 · paid last 24h −0.147%
Price spread now: HTX against Variational Omni+1.184%7-day average −0.246% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.281%−$28 on $10k
+Price spread, last 3 days (all we have)−1.464%−$146 · spread now +1.184%, 7d avg −0.246%
=Together, before fees−1.744%+ Points / potential airdropVariational Omni: Active · farm board−$174 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 1.429% dearer against Variational Omni than usual: you sell high and buy low (spread +1.184% now, against its 7-day average of −0.246%): +$143 on $10k if it goes back. Holding the pair costs −$40 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 3 days (−0.281% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.281% in total (about -31.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni USELESS | 0.2748 | 0.1435 | pay 0.0718% / 4h | 56m 45s | $1.2M | $1.7M | — |
| Short | HTX USELESS-USDT | 0.2780 | 0.0100 | get 0.0050% / 4h | 56m 45s | $18K | $492K | 20x |
Variational Omni USELESS
HTX USELESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Variational Omni. 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
- −$280.39
- Price spread: +1.184% → −0.246%
- $142.93
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$149.46
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; HTX: live order book, 22 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 | 5.42 bp | doesn't fit | 66.8 bp −$668 | doesn't fit | doesn't fit |
| Sell HTX live order book, 22 min ago | 45.05 bp | doesn't fit | 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 | 0.2796 | +1.770% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2793 | +1.646% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2798 | +1.842% | $9.7M | $65.4M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2786 | +1.402% | $29K | $152K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2791 | +1.562% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDTshort | +0.0100% | 4h | 0.2780 | +1.184% | $18K | $492K | 20x | |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2784 | +1.311% | $560K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0208% | 1h | 0.2792 | +1.613% | $10K | — | 3x | as long as short |
| ApeX Omni USELESSUSDT | +0.0276% | 1h | 0.2770 | +0.812% | $38K | $701K | 25x | as long as short |
| KuCoin USELESSUSDTM | +0.0330% | 4h | 0.2792 | +1.613% | $5.2M | $9.9M | 12x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
ApeX Omni USELESSUSDT
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0360% | 4h | 0.2790 | +1.540% | $7.0M | $8.2M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0436% | 4h | 0.2795 | +1.708% | $5.3M | $9.2M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0498% | 4h | 0.2772 | +0.902% | $21K | $191K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0518% | 4h | 0.2794 | +1.704% | $10.2M | $5.9M | 50x | as long as short |
| Extended USELESS-USD | +0.0520% | 1h | 0.2794 | +1.683% | $293K | $966K | 5x | as long as short |
| Binance USELESSUSDT | +0.0526% | 4h | 0.2796 | +1.770% | $23.7M | $115.0M | 50x | as long as short |
| Aster USELESSUSDT | +0.1138% | 4h | 0.2788 | +1.470% | $641K | $2.2M | 10x | as long as short |
| BingX USELESS-USDT | +0.1230% | 4h | 0.2797 | +1.777% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.1241% | 4h | 0.2795 | +1.737% | $27.8M | $45.3M | 13x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1321% | 4h | 0.2792 | +1.613% | $22K | $1.4M | 10x | as long as short |
| Hyperliquid USELESS | +0.1354% | 1h | 0.2797 | +1.795% | $13.8M | $20.9M | 3x | as long as short |
| Variational Omni USELESSlong | +0.1435% | 4h | 0.2748 | long leg | $1.2M | $1.7M | — | |
| BloFin USELESS-USDT | +0.1634% | 4h | 0.2793 | +1.649% | $1.2M | $2.0M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2946 | +7.225% | $5K | $9K | 5.5x | as long as short |
Gate USELESS_USDT
Bitget USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Extended USELESS-USD
Binance USELESSUSDT
Aster USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
BloFin USELESS-USDT
Injective USELESS/USDC PERP