data as of
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Funding arb /

USELESS

all USELESS markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 20:00 UTC−0.0324%/8h
next payment, per $10,000−$1.62paid, last 24h−0.139%paid, last 7 days−0.246%to open and closeno order book
Long on BingXShort on HTX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX USELESS-USDT0.28860.0424pay 0.0212% / 4h3h 02m—$4.3M—
ShortHTX USELESS-USDT0.28750.0100get 0.0050% / 4h3h 02m$21K$326K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$68.04
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$90.04
Break-even
never at this rate
Slippage unknown: BingX: live order book, 9 min ago; HTX: live order book, 41 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.360%
Avg gap 7d
−0.101%
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, 9 min ago1.41 bp18.6 bp −$1947.1 bp −$471366.2 bp −$36.6K1218.9 bp −$609.5K
Sell HTX live order book, 41 min ago48.91 bpdoesn't fitdoesn'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$29K$93K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.8M$56.8M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.8M$6.2M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.2M$7.4M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$34K$692K25xas long as short
SunX USELESS-USDT+0.0100%4h—$1.3M10xas long as short
HTX USELESS-USDTshort+0.0100%4h$21K$326K20x
Phemex USELESSUSDT+0.0100%4h$519K$1.3M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget USELESSUSDT+0.0130%4h$5.4M$6.8M20xas long as short
Aevo USELESS-PERP+0.0192%1h$10K—3xas long as short
Bybit USELESSUSDT+0.0324%4h$28.2M$36.4M13xas long as short
Variational Omni USELESS+0.0382%4h$1.2M$1.5M—as long as short
BingX USELESS-USDTlong+0.0424%4h—$4.3M—
edgeX USELESSUSDC+0.0431%4h$22K$185K10xas long as short
Binance USELESSUSDT+0.0439%4h$24.4M$89.9M50xas long as short
Extended USELESS-USD+0.0440%1h$269K$912K5xas long as short
MEXC USELESS_USDT+0.0444%4h$18.5M$4.8M50xas long as short
BloFin USELESS-USDT+0.0565%4h$1.2M$1.7M12xas long as short
Polymarket Perps USELESS-USD+0.0767%1h$30K$109K3xas long as short
Orderly PERP_USELESS_USDC+0.0972%4h$22K$1.4M10xas long as short
Hyperliquid USELESS+0.1028%1h$13.7M$14.5M3xas long as short
Aster USELESSUSDT+0.1040%4h$664K$1.6M10xas long as short