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

USELESS

all USELESS markets
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Funding spread now, next payment 16:00 UTC−0.0118%/8h
next payment, per $10,000$0.59paid, last 24h−0.067%paid, last 5 days−0.200%to open and close $10k−$81
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USELESSUSDT0.27790.0872pay 0.0436% / 4h2h 40m$576K$1.1M10x
ShortBybit USELESSUSDT0.27810.0754get 0.0377% / 4h2h 40m$27.2M$30.9M13x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$24.79
Slippage, 4 orders
−$62.41
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$106.2
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; Bybit: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.057%
Avg gap 7d
+0.002%
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, 4 min ago4.49 bp22.8 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.18 bp19.0 bp −$1938.2 bp −$382doesn'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$25K$101K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.5M$49.1M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.4M$5.0M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.0M$5.7M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$42K$672K25xas long as short
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$20K$275K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$489K$1.3M20xas long as short
Hyperliquid USELESS+0.0150%1h$12.3M$12.5M3xas long as short
Bitget USELESSUSDT+0.0216%4h$5.3M$5.7M20xas long as short
Aevo USELESS-PERP+0.0216%1h$10K3xas long as short
edgeX USELESSUSDC+0.0536%4h$21K$182K10xas long as short
MEXC USELESS_USDT+0.0548%4h$16.5M$4.1M50xas long as short
Binance USELESSUSDT+0.0549%4h$23.7M$78.4M50xas long as short
Extended USELESS-USD+0.0552%1h$261K$911K5xas long as short
BingX USELESS-USDT+0.0678%4h$3.7Mas long as short
Bybit USELESSUSDTshort+0.0754%4h$27.2M$30.9M13x
Variational Omni USELESS+0.0774%4h$1.2M$1.3Mas long as short
Aster USELESSUSDTlong+0.0872%4h$576K$1.1M10x
BloFin USELESS-USDT+0.0968%4h$1.2M$1.5M12xas long as short
Orderly PERP_USELESS_USDC+0.1103%4h$18K$1.4M10xas long as short