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

USELESS

all USELESS markets
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Funding spread now, next payment 16:00 UTC−0.0355%/8h
next payment, per $10,000$1.78paid, last 24h−0.082%paid, last 5 days−0.228%to open and close $10k−$107
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USELESSUSDT0.28140.0899pay 0.0450% / 4h2h 36m$583K$1.1M10x
ShortMEXC USELESS_USDT0.28150.0544get 0.0272% / 4h2h 36m$16.7M$4.1M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$74.58
Slippage, 4 orders
−$91.45
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$182.04
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; MEXC: live order book, 8 min ago.

Price risk

price view
Price gap now
+0.025%
Avg gap 7d
+0.039%
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, 2 min ago6.62 bp55.5 bp −$56doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 8 min ago0.18 bp10.2 bp −$1046.6 bp −$466168.2 bp −$16.8K591.1 bp −$295.5K

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 USELESSUSDT+0.0100%1h$42K$671K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$55K$201K3xas long as short
SunX USELESS-USDT+0.0100%4h$1.2M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$276K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$495K$1.3M20xas long as short
Aevo USELESS-PERP+0.0216%1h$10K3xas long as short
Hyperliquid USELESS+0.0218%1h$12.4M$12.5M3xas long as short
Bitget USELESSUSDT+0.0226%4h$5.3M$5.7M20xas long as short
MEXC USELESS_USDTshort+0.0544%4h$16.7M$4.1M50x
edgeX USELESSUSDC+0.0545%4h$21K$182K10xas long as short
Extended USELESS-USD+0.0560%1h$264K$911K5xas long as short
Binance USELESSUSDT+0.0564%4h$24.0M$78.5M50xas long as short
BingX USELESS-USDT+0.0774%4h$3.7Mas long as short
Variational Omni USELESS+0.0774%4h$1.2M$1.3Mas long as short
Aster USELESSUSDTlong+0.0899%4h$583K$1.1M10x
Bybit USELESSUSDT+0.0931%4h$27.6M$30.9M13xas long as short
BloFin USELESS-USDT+0.1070%4h$1.2M$1.5M12xas long as short
Orderly PERP_USELESS_USDC+0.1121%4h$18K$1.4M10xas long as short