data as of
Settings8H · net · $10k
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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 16:00 UTC−0.0309%/8h
next payment, per $10,000−$1.55paid, last 24h−0.091%paid, last 7 days−0.555%to open and close $10k−$72
Long on BloFinShort on Binance
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin USELESS-USDT0.27650.0790pay 0.0395% / 4h1h 47m$1.2M$1.5M12x
ShortBinance USELESSUSDT0.27590.0480get 0.0240% / 4h1h 47m$23.4M$80.0M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$64.96
Slippage, 4 orders
−$49.86
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$136.82
Break-even
never at this rate
Slippage from BloFin: live order book, 1 min ago; Binance: live order book, 11 min ago.

Price risk

price view
Price gap now
−0.188%
Avg gap 7d
−0.059%
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 BloFin live order book, 1 min ago7.61 bp23.1 bp −$2347.9 bp −$479doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.18 bp14.6 bp −$1562.2 bp −$622doesn'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$835K3xas long as short
Pacifica USELESS+0.0100%1h$27K$103K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.4M$49.4M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.4M$5.2M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.0M$6.0M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$41K$679K25xas 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$20K$287K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$495K$1.4M20xas long as short
Bitget USELESSUSDT+0.0190%4h$5.3M$5.8M20xas long as short
Aevo USELESS-PERP+0.0200%1h$10K—3xas long as short
Hyperliquid USELESS+0.0334%1h$12.0M$12.8M3xas long as short
edgeX USELESSUSDC+0.0441%4h$21K$184K10xas long as short
MEXC USELESS_USDT+0.0478%4h$16.6M$4.1M50xas long as short
Extended USELESS-USD+0.0480%1h$260K$915K5xas long as short
Binance USELESSUSDTshort+0.0480%4h$23.4M$80.0M50x
Bybit USELESSUSDT+0.0519%4h$26.9M$31.6M13xas long as short
BingX USELESS-USDT+0.0572%4h—$3.8M—as long as short
Variational Omni USELESS+0.0690%4h$1.2M$1.4M—as long as short
BloFin USELESS-USDTlong+0.0790%4h$1.2M$1.5M12x
Aster USELESSUSDT+0.0871%4h$582K$1.1M10xas long as short
Orderly PERP_USELESS_USDC+0.1123%4h$18K$1.4M10xas long as short