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

USELESS

all USELESS markets
SwapPrice view
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Funding spread now, next payment 20:00 UTC−0.0439%/8h
next payment, per $10,000$2.19paid, last 24h−0.096%paid, last 5 days−0.262%to open and close $10k−$66
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USELESSUSDT0.28530.0798pay 0.0399% / 4h1h 13m$640K$1.9M10x
ShortBinance USELESSUSDT0.28590.0359get 0.0180% / 4h1h 13m$24.2M$94.0M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$92.12
Slippage, 4 orders
−$47.76
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$157.88
Break-even
never at this rate
Slippage from Aster: live order book, 1 min ago; Binance: live order book, 1 min ago.

Price risk

price view
Price gap now
+0.207%
Avg gap 7d
+0.021%
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 Aster live order book, 1 min ago6.33 bp20.6 bp −$2183.2 bp −$832doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago0.17 bp15.2 bp −$1543.2 bp −$432doesn'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$855$14K5.5xas long as short
Lighter USELESS+0.0096%1h$1.3M$949K3xas long as short
Pacifica USELESS+0.0100%1h$32K$76K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.8M$58.1M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.8M$6.6M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.2M$8.1M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$34K$693K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$27K$113K3xas long as short
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$20K$344K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$540K$1.3M20xas long as short
Bybit USELESSUSDT+0.0167%4h$27.9M$37.3M13xas long as short
Bitget USELESSUSDT+0.0176%4h$5.4M$7.1M20xas long as short
Aevo USELESS-PERP+0.0176%1h$10K3xas long as short
Variational Omni USELESS+0.0287%4h$1.2M$1.5Mas long as short
edgeX USELESSUSDC+0.0355%4h$21K$187K10xas long as short
MEXC USELESS_USDT+0.0356%4h$19.1M$5.0M50xas long as short
Binance USELESSUSDTshort+0.0359%4h$24.2M$94.0M50x
Extended USELESS-USD+0.0360%1h$261K$920K5xas long as short
BingX USELESS-USDT+0.0374%4h$4.4Mas long as short
BloFin USELESS-USDT+0.0401%4h$1.2M$1.7M12xas long as short
Hyperliquid USELESS+0.0694%1h$13.7M$15.5M3xas long as short
Aster USELESSUSDTlong+0.0798%4h$640K$1.9M10x
Orderly PERP_USELESS_USDC+0.0887%4h$22K$1.4M10xas long as short