Settings8H · net · $10k
Funding arb · Price arb /

USELESS

all USELESS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.030%
Price spread now: HTX against Aevo−0.005%54s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo USELESS-PERP0.26270.0160pay 0.0020% / 1h19m 21s$9K3x
ShortHTX USELESS-USDT0.26270.0100get 0.0050% / 4h3h 19m$18K$519K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Aevo. 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

Funding earned
−$12.6
Price spread: −0.005% → 0.000%
−$0.49
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee HTX: 6 bp × 2 orders
−$12
Net
−$41.09
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; HTX: live order book, 34 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell HTX live order book, 34 min ago30.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

USELESS on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter USELESS+0.0096%1h0.2630+0.094%$1.2M$1.2M3xas long as short
Pacifica USELESS+0.0100%1h0.2628+0.052%$28K$18K3xas long as short
Polymarket Perps USELESS-USD+0.0100%1h0.2629+0.075%$25K$236K3xas long as short
SunX USELESS-USDT+0.0100%4h0.2633+0.208%$1.4M10xas long as short
HTX USELESS-USDTshort+0.0100%4h0.2627−0.005%$18K$519K20x
Phemex USELESSUSDT+0.0100%4h0.2631+0.147%$606K$1.1M20xas long as short
Aevo USELESS-PERPlong+0.0160%1h0.2627long leg$9K3x
Bitget USELESSUSDT+0.0162%4h0.2628+0.018%$5.0M$10.3M20xas long as short
OKX USELESS-USDT-SWAP+0.0177%4h0.2629+0.056%$8.9M$63.5M10xas long as short
Aster USELESSUSDT+0.0181%4h0.2629+0.060%$519K$2.4M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin USELESSUSDTM+0.0208%4h0.2627+0.006%$4.8M$10.7M12xas long as short
Gate USELESS_USDT+0.0224%4h0.2624−0.123%$6.5M$8.6M50xas long as short
edgeX USELESSUSDC+0.0328%4h0.2623−0.167%$19K$197K10xas long as short
Extended USELESS-USD+0.0328%1h0.2627+0.012%$112K$1.1M5xas long as short
MEXC USELESS_USDT+0.0330%4h0.2629+0.060%$10.6M$6.1M50xas long as short
Binance USELESSUSDT+0.0331%4h0.2629+0.058%$21.9M$121.6M50xas long as short
ApeX Omni USELESSUSDT+0.0348%1h0.2621−0.233%$36K$695K25xas long as short
Hyperliquid USELESS+0.0391%1h0.2630+0.098%$11.5M$22.6M3xas long as short
Variational Omni USELESS+0.0627%4h0.2619−0.314%$1.0M$1.8Mas long as short
Bybit USELESSUSDT+0.0766%4h0.2627−0.013%$24.8M$48.4M13xas long as short
BingX USELESS-USDT+0.0804%4h0.2628+0.048%$5.3Mas long as short
BloFin USELESS-USDT+0.1042%4h0.2620−0.256%$1.1M$1.9M12xas long as short
Orderly PERP_USELESS_USDC+0.1288%4h0.2631+0.128%$19K$1.2M10xas long as short
Injective USELESS/USDC PERP+0.5000%1h0.2773+5.549%$5K$11K5.5xas long as short