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

USELESS

all USELESS markets
SwapPrice view
Alert
Funding spread now, next payment 20:00 UTC+0.0180%/8h
next payment, per $10,000+$0.90paid, last 24h+0.027%paid, last 7 days+0.078%to open and close $10k−$89
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget USELESSUSDT0.28220.0178pay 0.0089% / 4h1h 14m$5.4M$7.1M20x
ShortBinance USELESSUSDT0.28060.0358get 0.0179% / 4h1h 14m$23.8M$93.5M50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$37.77
Slippage, 4 orders
−$67.46
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$51.69
Break-even
16.6 days
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 14 min ago.

Price risk

price view
Price gap now
−0.559%
Avg gap 7d
+0.010%
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 Bitget live order book, 5 min ago1.94 bp31.1 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.17 bp16.4 bp −$1648.8 bp −$488doesn'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$855$14K5.5xas long as short
Lighter USELESS+0.0096%1h$1.3M$945K3xas long as short
Pacifica USELESS+0.0100%1h$31K$76K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.6M$56.8M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.7M$6.6M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.1M$8.0M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$35K$693K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$27K$115K3xas long as short
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$20K$342K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$528K$1.3M20xas long as short
Aevo USELESS-PERP+0.0176%1h$10K3xas long as short
Bitget USELESSUSDTlong+0.0178%4h$5.4M$7.1M20x
Bybit USELESSUSDT+0.0195%4h$27.4M$37.1M13xas long as short
Variational Omni USELESS+0.0287%4h$1.2M$1.5Mas long as short
edgeX USELESSUSDC+0.0355%4h$21K$187K10xas long as short
Binance USELESSUSDTshort+0.0358%4h$23.8M$93.5M50x
Extended USELESS-USD+0.0360%1h$256K$920K5xas long as short
MEXC USELESS_USDT+0.0364%4h$18.8M$5.0M50xas long as short
BingX USELESS-USDT+0.0376%4h$4.4Mas long as short
BloFin USELESS-USDT+0.0401%4h$1.2M$1.7M12xas long as short
Hyperliquid USELESS+0.0684%1h$13.5M$15.5M3xas long as short
Aster USELESSUSDT+0.0797%4h$629K$1.9M10xas long as short
Orderly PERP_USELESS_USDC+0.0888%4h$22K$1.4M10xas long as short