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

USELESS

all USELESS markets
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Funding spread now, next payment 20:00 UTC−0.0124%/8h
next payment, per $10,000$0.62paid, last 24h−0.065%paid, last 7 days−0.052%to open and close $10k−$131
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget USELESSUSDT0.29390.0224pay 0.0112% / 4h3h 34m$5.5M$6.8M20x
ShortGate USELESS_USDT0.29320.0100get 0.0050% / 4h3h 34m$6.8M$6.0M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$26.04
Slippage, 4 orders
−$104.01
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$157.05
Break-even
never at this rate
Slippage from Bitget: live order book, 10 min ago; Gate: live order book, 1 min ago.

Price risk

price view
Price gap now
−0.242%
Avg gap 7d
−0.096%
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, 10 min ago2.91 bp34.3 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago2.56 bp35.4 bp −$35doesn'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$1.4M$935K3xas long as short
Pacifica USELESS+0.0100%1h$29K$103K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$10.1M$57.0M10xas long as short
Gate USELESS_USDTshort+0.0100%4h$6.8M$6.0M50x
KuCoin USELESSUSDTM+0.0100%4h$5.5M$7.1M12xas long as short
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$22K$318K20xas long as short
Aevo USELESS-PERP+0.0216%1h$11K3xas long as short
Bitget USELESSUSDTlong+0.0224%4h$5.5M$6.8M20x
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni USELESS+0.0485%4h$1.3M$1.5Mas long as short
edgeX USELESSUSDC+0.0508%4h$23K$184K10xas long as short
Binance USELESSUSDT+0.0528%4h$25.2M$88.3M50xas long as short
Extended USELESS-USD+0.0528%1h$277K$915K5xas long as short
MEXC USELESS_USDT+0.0536%4h$18.6M$4.6M50xas long as short
ApeX Omni USELESSUSDT+0.0586%1h$39K$690K25xas long as short
Bybit USELESSUSDT+0.0778%4h$29.0M$36.1M13xas long as short
Phemex USELESSUSDT+0.0792%4h$526K$1.3M20xas long as short
Orderly PERP_USELESS_USDC+0.0995%4h$22K$1.4M10xas long as short
Hyperliquid USELESS+0.1036%1h$13.9M$14.2M3xas long as short
Polymarket Perps USELESS-USD+0.1060%1h$35K$114K3xas long as short
Aster USELESSUSDT+0.1200%4h$697K$1.4M10xas long as short
BloFin USELESS-USDT+0.1303%4h$1.2M$1.7M12xas long as short
BingX USELESS-USDT+0.1408%4h$4.1Mas long as short