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

USELESS

all USELESS markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC−0.0088%/8h
paid, last 24h−0.020%paid, last 7 days−0.053%to open and close $10k−$202
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX USELESS-USDT0.27700.0536pay 0.0268% / 4h1h 01m$3.9M
ShortExtended USELESS-USD0.27640.0448get 0.0056% / 1h1m 09s$261K$915K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$18.48
Slippage, 4 orders
−$187.25
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$220.73
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Extended: live order book, 53 min ago.

Price risk

price view
Price gap now
−0.222%
Avg gap 7d
−0.035%
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 BingX live order book, 10 min ago2.39 bp13.9 bp −$1444.8 bp −$448389.7 bp −$39.0Kdoesn't fit
Sell Extended live order book, 53 min ago67.30 bp86.0 bp −$86doesn'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$50.9M10xas 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$299K20xas 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+0.0400%1h$12.0M$13.1M3xas long as short
edgeX USELESSUSDC+0.0443%4h$21K$183K10xas long as short
Binance USELESSUSDT+0.0447%4h$23.4M$82.6M50xas long as short
Extended USELESS-USDshort+0.0448%1h$261K$915K5x
MEXC USELESS_USDT+0.0450%4h$16.7M$4.3M50xas long as short
BingX USELESS-USDTlong+0.0536%4h$3.9M
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 USELESSUSDT+0.0911%4h$590K$1.2M10xas long as short
Orderly PERP_USELESS_USDC+0.1099%4h$18K$1.4M10xas long as short