Funding you earn now, next payment 22:00 UTC−0.0581%/8h= −63.6% APRpaid last 24h −0.118%
Price spread now: Pacifica against Binance−0.014%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.284%−$28 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.284% in total (about -14.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USELESSUSDT | 0.2940 | 0.0681 | pay 0.0341% / 4h | 2h 23m | $25.4M | $109.2M | 50x |
| Short | Pacifica USELESS | 0.2940 | 0.0100 | get 0.0013% / 1h | 23m 36s | $33K | $70K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$122.02
- Price spread: −0.014% → 0.000%
- −$1.43
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$141.45
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 4 min ago; Pacifica: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 4 min ago | 1.52 bp | 14.8 bp −$15 | 64.4 bp −$644 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
USELESS on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2939 | −0.048% | $1.4M | $1.1M | 3x | as long as short |
| Pacifica USELESSshort | +0.0100% | 1h | 0.2940 | −0.014% | $33K | $70K | 3x | |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2935 | −0.173% | $10.5M | $65.6M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2948 | +0.269% | $29K | $137K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2947 | +0.224% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2931 | −0.323% | $20K | $379K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2938 | −0.071% | $586K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0228% | 4h | 0.2938 | −0.085% | $5.5M | $9.6M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0240% | 1h | 0.2948 | +0.258% | $11K | — | 3x | as long as short |
| Gate USELESS_USDT | +0.0420% | 4h | 0.2935 | −0.180% | $7.3M | $7.8M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni USELESSUSDT | +0.0470% | 1h | 0.2959 | +0.629% | $42K | $698K | 25x | as long as short |
| Bitget USELESSUSDT | +0.0548% | 4h | 0.2937 | −0.136% | $5.6M | $8.7M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0653% | 4h | 0.2965 | +0.819% | $22K | $189K | 10x | as long as short |
| Extended USELESS-USD | +0.0680% | 1h | 0.2937 | −0.116% | $310K | $967K | 5x | as long as short |
| MEXC USELESS_USDT | +0.0680% | 4h | 0.2941 | +0.024% | $10.4M | $5.8M | 50x | as long as short |
| Binance USELESSUSDTlong | +0.0681% | 4h | 0.2940 | long leg | $25.4M | $109.2M | 50x | |
| Orderly PERP_USELESS_USDC | +0.1184% | 4h | 0.2948 | +0.241% | $22K | $1.4M | 10x | as long as short |
| BingX USELESS-USDT | +0.1278% | 4h | 0.2935 | −0.194% | — | $4.9M | — | as long as short |
| Variational Omni USELESS | +0.1334% | 4h | 0.2964 | +0.785% | $1.2M | $1.6M | — | as long as short |
| Bybit USELESSUSDT | +0.1338% | 4h | 0.2938 | −0.102% | $29.6M | $42.5M | 13x | as long as short |
| Aster USELESSUSDT | +0.1393% | 4h | 0.2946 | +0.202% | $680K | $2.1M | 10x | as long as short |
| Hyperliquid USELESS | +0.1582% | 1h | 0.2947 | +0.228% | $15.1M | $19.6M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1785% | 4h | 0.2957 | +0.575% | $1.2M | $2.0M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3137 | +6.669% | $5K | $10K | 5.5x | as long as short |
Binance USELESSUSDT
Pacifica USELESS
Lighter USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Gate USELESS_USDT
ApeX Omni USELESSUSDT
Bitget USELESSUSDT
edgeX USELESSUSDC
Extended USELESS-USD
MEXC USELESS_USDT
BingX USELESS-USDT
Variational Omni USELESS
Bybit USELESSUSDT
Aster USELESSUSDT
Hyperliquid USELESS
BloFin USELESS-USDT
Injective USELESS/USDC PERP