USELESS

Alert

Funding spread now, next payment 18:00 UTC+0.0092%/8h

paid, last 24h−0.059%paid, last 5 days−0.121%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget USELESSUSDT	0.2914	0.0100	pay 0.0050% / 4h	2h 36m	$5.5M	$6.9M	20x
Short	Aevo USELESS-PERP	0.2895	0.0192	get 0.0024% / 1h	36m 05s	$10K	—	3x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee AevobpOrdersRate

Funding earned: $19.32
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$8.68
Break-even: 10.1 days

Slippage unknown: Bitget: live order book, 4 min ago; Aevo: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.644%
Avg gap 7d: —

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 Bitget live order book, 4 min ago	3.62 bp	25.3 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective USELESS/USDC PERP	−0.5000%	1h	$855	$20K	5.5x	as long as short
Lighter USELESS	+0.0096%	1h	$1.3M	$1.0M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	$29K	$83K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	$9.9M	$58.3M	10x	as long as short
Gate USELESS_USDT	+0.0100%	4h	$6.8M	$6.3M	50x	as long as short
KuCoin USELESSUSDTM	+0.0100%	4h	$5.2M	$7.6M	12x	as long as short
Bitget USELESSUSDTlong	+0.0100%	4h	$5.5M	$6.9M	20x
ApeX Omni USELESSUSDT	+0.0100%	1h	$36K	$694K	25x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	$28K	$113K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	—	$1.3M	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
HTX USELESS-USDT	+0.0100%	4h	$21K	$332K	20x	as long as short
Bybit USELESSUSDT	+0.0122%	4h	$28.6M	$36.8M	13x	as long as short
Aevo USELESS-PERPshort	+0.0192%	1h	$10K	—	3x
Variational Omni USELESS	+0.0353%	4h	$1.2M	$1.5M	—	as long as short
BloFin USELESS-USDT	+0.0394%	4h	$1.2M	$1.7M	12x	as long as short
BingX USELESS-USDT	+0.0416%	4h	—	$4.4M	—	as long as short
edgeX USELESSUSDC	+0.0423%	4h	$22K	$185K	10x	as long as short
Extended USELESS-USD	+0.0432%	1h	$269K	$912K	5x	as long as short
MEXC USELESS_USDT	+0.0434%	4h	$18.9M	$4.8M	50x	as long as short
Binance USELESSUSDT	+0.0436%	4h	$24.7M	$91.8M	50x	as long as short
Phemex USELESSUSDT	+0.0704%	4h	$534K	$1.3M	20x	as long as short
Hyperliquid USELESS	+0.0861%	1h	$14.1M	$15.1M	3x	as long as short
Orderly PERP_USELESS_USDC	+0.0947%	4h	$22K	$1.4M	10x	as long as short
Aster USELESSUSDT	+0.0999%	4h	$675K	$1.6M	10x	as long as short