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−0.0255%/8h
next payment, per $10,000−$1.28paid, last 24h−0.075%paid, last 7 days−0.526%to open and close $10k−$71
Long on BloFinShort on Bybit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin USELESS-USDT0.27530.0738pay 0.0369% / 4h55m 46s$1.1M$1.6M12x
ShortBybit USELESSUSDT0.27530.0482get 0.0241% / 4h55m 46s$26.7M$33.1M13x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$53.63
Slippage, 4 orders
−$48.44
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$125.07
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Bybit: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.022%
Avg gap 7d
−0.074%
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, 3 min ago4.69 bp18.6 bp −$1934.7 bp −$347doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.36 bp18.8 bp −$1945.9 bp −$459doesn'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$1.3M$773K3xas long as short
Pacifica USELESS+0.0100%1h$27K$103K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.3M$50.6M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.4M$5.5M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$4.9M$6.5M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$42K$678K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$53K$166K3xas long as short
SunX USELESS-USDT+0.0100%4h—$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$300K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$500K$1.4M20xas long as short
Aevo USELESS-PERP+0.0192%1h$10K—3xas long as short
Bitget USELESSUSDT+0.0216%4h$5.3M$6.1M20xas long as short
Binance USELESSUSDT+0.0423%4h$23.2M$82.5M50xas long as short
Extended USELESS-USD+0.0424%1h$259K$915K5xas long as short
edgeX USELESSUSDC+0.0424%4h$21K$182K10xas long as short
MEXC USELESS_USDT+0.0428%4h$16.7M$4.2M50xas long as short
BingX USELESS-USDT+0.0472%4h—$3.9M—as long as short
Bybit USELESSUSDTshort+0.0482%4h$26.7M$33.1M13x
Variational Omni USELESS+0.0600%4h$1.2M$1.5M—as long as short
BloFin USELESS-USDTlong+0.0738%4h$1.1M$1.6M12x
Hyperliquid USELESS+0.0793%1h$12.0M$13.1M3xas long as short
Aster USELESSUSDT+0.0876%4h$600K$1.2M10xas long as short
Orderly PERP_USELESS_USDC+0.1087%4h$18K$1.4M10xas long as short