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

USELESS

all USELESS markets
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Funding spread now, next payment 16:00 UTC−0.0468%/8h
next payment, per $10,000$2.34paid, last 24h−0.085%paid, last 5 days−0.236%to open and close $10k−$266
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USELESSUSDT0.27660.0911pay 0.0456% / 4h1h 01m$589K$1.2M10x
ShortedgeX USELESSUSDC0.27740.0443get 0.0222% / 4h1h 01m$21K$183K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$98.27
Slippage, 4 orders
−$249.07
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$364.33
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; edgeX: live order book, 52 min ago.

Price risk

price view
Price gap now
+0.294%
Avg gap 7d
+0.122%
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, 3 min ago1.98 bp19.9 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 52 min ago5.61 bp45.6 bp −$46doesn'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$846K3xas long as short
Pacifica USELESS+0.0100%1h$27K$103K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.3M$50.8M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.4M$5.6M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.0M$6.5M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$42K$678K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$54K$167K3xas long as short
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$298K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$503K$1.4M20xas long as short
Aevo USELESS-PERP+0.0192%1h$10K3xas long as short
Bitget USELESSUSDT+0.0226%4h$5.3M$6.1M20xas long as short
Hyperliquid USELESS+0.0395%1h$12.0M$13.1M3xas long as short
edgeX USELESSUSDCshort+0.0443%4h$21K$183K10x
Binance USELESSUSDT+0.0447%4h$23.3M$82.5M50xas long as short
Extended USELESS-USD+0.0448%1h$261K$915K5xas long as short
MEXC USELESS_USDT+0.0450%4h$16.7M$4.3M50xas long as short
BingX USELESS-USDT+0.0536%4h$3.9Mas long as short
Bybit USELESSUSDT+0.0547%4h$26.8M$33.1M13xas long as short
Variational Omni USELESS+0.0629%4h$1.2M$1.5Mas long as short
BloFin USELESS-USDT+0.0804%4h$1.1M$1.6M12xas long as short
Aster USELESSUSDTlong+0.0911%4h$589K$1.2M10x
Orderly PERP_USELESS_USDC+0.1099%4h$18K$1.4M10xas long as short