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

USELESS

all USELESS markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC+0.0774%/8h
next payment, per $10,000+$3.87paid, last 24h+0.107%paid, last 7 days+0.613%to open and close $10k−$96
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget USELESSUSDT0.28010.0220pay 0.0110% / 4h2h 38m$5.3M$5.7M20x
ShortBloFin USELESS-USDT0.27910.0994get 0.0497% / 4h2h 38m$1.2M$1.5M12x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$162.5
Slippage, 4 orders
−$72.25
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$66.25
Break-even
4.1 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.346%
Avg gap 7d
+0.084%
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, 1 min ago3.41 bp31.9 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago5.39 bp18.6 bp −$1939.1 bp −$391doesn'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$822K3xas long as short
Pacifica USELESS+0.0100%1h$26K$101K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.5M$49.5M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.4M$5.0M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.0M$5.7M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$42K$671K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$54K$201K3xas long as short
SunX USELESS-USDT+0.0100%4h$1.2M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$275K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$491K$1.3M20xas long as short
Hyperliquid USELESS+0.0182%1h$12.4M$12.5M3xas long as short
Aevo USELESS-PERP+0.0216%1h$10K3xas long as short
Bitget USELESSUSDTlong+0.0220%4h$5.3M$5.7M20x
edgeX USELESSUSDC+0.0536%4h$21K$182K10xas long as short
Extended USELESS-USD+0.0544%1h$262K$911K5xas long as short
Binance USELESSUSDT+0.0546%4h$24.0M$78.5M50xas long as short
MEXC USELESS_USDT+0.0546%4h$16.6M$4.1M50xas long as short
BingX USELESS-USDT+0.0678%4h$3.7Mas long as short
Variational Omni USELESS+0.0774%4h$1.2M$1.3Mas long as short
Bybit USELESSUSDT+0.0814%4h$27.4M$30.9M13xas long as short
Aster USELESSUSDT+0.0876%4h$579K$1.1M10xas long as short
BloFin USELESS-USDTshort+0.0994%4h$1.2M$1.5M12x
Orderly PERP_USELESS_USDC+0.1106%4h$18K$1.4M10xas long as short