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

USELESS

all USELESS markets
SwapPrice view
Alert
Funding spread now, next payment 20:00 UTC+0.0018%/8h
next payment, per $10,000+$0.09paid, last 24h−0.002%paid, last 7 days−0.008%to open and close $10k−$217
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance USELESSUSDT0.28360.0469pay 0.0235% / 4h3h 17m$24.0M$89.7M50x
ShortedgeX USELESSUSDC0.28370.0487get 0.0243% / 4h3h 17m$22K$185K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$3.71
Slippage, 4 orders
−$198.29
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$213.58
Break-even
410.1 days
Slippage from Binance: live order book, 12 min ago; edgeX: live order book, 26 min ago.

Price risk

price view
Price gap now
+0.019%
Avg gap 7d
+0.102%
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 Binance live order book, 12 min ago0.17 bp13.7 bp −$1437.7 bp −$377doesn't fitdoesn't fit
Sell edgeX live order book, 26 min ago0.85 bp40.8 bp −$41doesn'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$18K5.5xas long as short
Lighter USELESS+0.0096%1h$1.3M$1.0M3xas long as short
Pacifica USELESS+0.0100%1h$28K$93K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.6M$55.8M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.6M$6.2M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.1M$7.3M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$34K$690K25xas long as short
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$323K20xas long as short
Phemex USELESSUSDT+0.0100%4h$508K$1.3M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget USELESSUSDT+0.0166%4h$5.3M$6.8M20xas long as short
Aevo USELESS-PERP+0.0200%1h$10K3xas long as short
Variational Omni USELESS+0.0466%4h$1.2M$1.5Mas long as short
Binance USELESSUSDTlong+0.0469%4h$24.0M$89.7M50x
Extended USELESS-USD+0.0472%1h$264K$912K5xas long as short
MEXC USELESS_USDT+0.0474%4h$18.0M$4.7M50xas long as short
edgeX USELESSUSDCshort+0.0487%4h$22K$185K10x
BingX USELESS-USDT+0.0504%4h$4.3Mas long as short
Bybit USELESSUSDT+0.0590%4h$27.8M$36.6M13xas long as short
Polymarket Perps USELESS-USD+0.0757%1h$32K$107K3xas long as short
BloFin USELESS-USDT+0.0950%4h$1.2M$1.7M12xas long as short
Orderly PERP_USELESS_USDC+0.0963%4h$22K$1.4M10xas long as short
Hyperliquid USELESS+0.0998%1h$13.4M$14.4M3xas long as short
Aster USELESSUSDT+0.1055%4h$642K$1.5M10xas long as short