data as of
Settings8H · net · $10k
Funding arb /

USELESS

all USELESS markets
SwapPrice view
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Funding spread now, next payment 14:00 UTC+0.0120%/8h
paid, last 24h+0.048%paid, last 7 days+0.036%to open and close $10k−$90
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni USELESSUSDT0.27800.0100pay 0.0013% / 1h37m 50s$42K$671K25x
ShortBitget USELESSUSDT0.28090.0220get 0.0110% / 4h2h 37m$5.3M$5.7M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$25.2
Slippage, 4 orders
−$68.14
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$64.94
Break-even
25.0 days
Slippage from ApeX Omni: live order book, 22 min ago; Bitget: live order book, 2 min ago.

Price risk

price view
Price gap now
+1.043%
Avg gap 7d
−0.072%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 22 min ago7.13 bp16.1 bp −$1698.0 bp −$980doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.41 bp26.7 bp −$27doesn't fitdoesn't fitdoesn't fit

USELESS on 24 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective USELESS/USDC PERP−0.5000%1h$3K$25K5.5xas long as short
Lighter USELESS+0.0096%1h$1.3M$822K3xas long as short
Pacifica USELESS+0.0100%1h$26K$101K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.6M$49.7M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.4M$5.0M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.1M$5.7M12xas long as short
ApeX Omni USELESSUSDTlong+0.0100%1h$42K$671K25x
Polymarket Perps USELESS-USD+0.0100%1h$54K$201K3xas long as short
SunX USELESS-USDT+0.0100%4h$1.2M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$275K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$495K$1.3M20xas long as short
Hyperliquid USELESS+0.0211%1h$12.4M$12.5M3xas long as short
Aevo USELESS-PERP+0.0216%1h$10K3xas long as short
Bitget USELESSUSDTshort+0.0220%4h$5.3M$5.7M20x
edgeX USELESSUSDC+0.0536%4h$21K$182K10xas long as short
Extended USELESS-USD+0.0544%1h$262K$911K5xas long as short
Binance USELESSUSDT+0.0546%4h$24.0M$78.5M50xas long as short
MEXC USELESS_USDT+0.0546%4h$16.7M$4.1M50xas long as short
BingX USELESS-USDT+0.0697%4h$3.7Mas long as short
Variational Omni USELESS+0.0774%4h$1.2M$1.3Mas long as short
Bybit USELESSUSDT+0.0831%4h$27.5M$30.9M13xas long as short
Aster USELESSUSDT+0.0876%4h$580K$1.1M10xas long as short
BloFin USELESS-USDT+0.0994%4h$1.2M$1.5M12xas long as short
Orderly PERP_USELESS_USDC+0.1112%4h$18K$1.4M10xas long as short