USELESS

Alert

Funding spread now, next payment 20:00 UTC+0.0498%/8h

next payment, per $10,000+$2.49paid, last 24h+0.074%paid, last 5 days+0.198%to open and close $10k−$75

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.198% in total (about 14.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.49 per $10,000. 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	BingX USELESS-USDT	0.2839	0.0390	pay 0.0195% / 4h	1h 56m	—	$4.4M	—
Short	Aster USELESSUSDT	0.2841	0.0888	get 0.0444% / 4h	1h 56m	$591K	$1.8M	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee AsterbpOrdersRate

Funding earned: $104.67
Slippage, 4 orders: −$57.11
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $29.56
Break-even: 5.0 days

Slippage from BingX: live order book, 15 min ago; Aster: live order book, 3 min ago.

Price risk

price view

Price gap now: +0.077%
Avg gap 7d: −0.025%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 15 min ago	4.56 bp	16.7 bp −$17	58.1 bp −$581	392.3 bp −$39.2K	doesn't fit
Sell Aster live order book, 3 min ago	8.57 bp	16.2 bp −$16	77.6 bp −$776	doesn't fit	doesn't fit

USELESS on 24 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective USELESS/USDC PERP	−0.5000%	1h	$855	$14K	5.5x	as long as short
Lighter USELESS	+0.0096%	1h	$1.3M	$919K	3x	as long as short
Pacifica USELESS	+0.0100%	1h	$32K	$76K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	$9.6M	$57.9M	10x	as long as short
Gate USELESS_USDT	+0.0100%	4h	$6.8M	$6.4M	50x	as long as short
KuCoin USELESSUSDTM	+0.0100%	4h	$5.1M	$7.9M	12x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	$35K	$695K	25x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	$27K	$117K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	—	$1.3M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	$21K	$339K	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex USELESSUSDT	+0.0100%	4h	$512K	$1.3M	20x	as long as short
Bitget USELESSUSDT	+0.0136%	4h	$5.4M	$7.1M	20x	as long as short
Aevo USELESS-PERP	+0.0176%	1h	$10K	—	3x	as long as short
Bybit USELESSUSDT	+0.0212%	4h	$27.8M	$37.5M	13x	as long as short
Variational Omni USELESS	+0.0314%	4h	$1.2M	$1.6M	—	as long as short
edgeX USELESSUSDC	+0.0362%	4h	$22K	$185K	10x	as long as short
MEXC USELESS_USDT	+0.0388%	4h	$18.8M	$4.9M	50x	as long as short
Binance USELESSUSDT	+0.0389%	4h	$24.1M	$93.7M	50x	as long as short
BingX USELESS-USDTlong	+0.0390%	4h	—	$4.4M	—
Extended USELESS-USD	+0.0392%	1h	$265K	$915K	5x	as long as short
BloFin USELESS-USDT	+0.0465%	4h	$1.2M	$1.7M	12x	as long as short
Hyperliquid USELESS	+0.0674%	1h	$13.8M	$15.7M	3x	as long as short
Aster USELESSUSDTshort	+0.0888%	4h	$591K	$1.8M	10x
Orderly PERP_USELESS_USDC	+0.0916%	4h	$22K	$1.4M	10x	as long as short