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

USELESS

all USELESS markets
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Funding spread now, next payment 16:00 UTC−0.0894%/8h
next payment, per $10,000$4.47paid, last 24h−0.167%paid, last 7 days−0.668%to open and close $10k−$132
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin USELESS-USDT0.27910.0994pay 0.0497% / 4h2h 37m$1.2M$1.5M12x
ShortGate USELESS_USDT0.28080.0100get 0.0050% / 4h2h 37m$6.4M$5.0M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$187.7
Slippage, 4 orders
−$104.5
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$319.2
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Gate: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.616%
Avg gap 7d
−0.172%
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, 2 min ago4.11 bp11.3 bp −$1131.7 bp −$317doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago2.52 bp55.5 bp −$56doesn'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$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$9.6M$49.8M10xas long as short
Gate USELESS_USDTshort+0.0100%4h$6.4M$5.0M50x
KuCoin USELESSUSDTM+0.0100%4h$5.1M$5.7M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$42K$671K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$55K$201K3xas long as short
SunX USELESS-USDT+0.0100%4h$1.2M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$276K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$495K$1.3M20xas long as short
Aevo USELESS-PERP+0.0216%1h$10K3xas long as short
Hyperliquid USELESS+0.0221%1h$12.5M$12.5M3xas long as short
Bitget USELESSUSDT+0.0226%4h$5.3M$5.7M20xas long as short
MEXC USELESS_USDT+0.0544%4h$16.7M$4.1M50xas long as short
edgeX USELESSUSDC+0.0545%4h$21K$182K10xas long as short
Extended USELESS-USD+0.0560%1h$264K$911K5xas long as short
Binance USELESSUSDT+0.0564%4h$24.0M$78.5M50xas long as short
BingX USELESS-USDT+0.0755%4h$3.7Mas long as short
Variational Omni USELESS+0.0774%4h$1.2M$1.3Mas long as short
Aster USELESSUSDT+0.0899%4h$582K$1.1M10xas long as short
Bybit USELESSUSDT+0.0931%4h$27.6M$30.9M13xas long as short
BloFin USELESS-USDTlong+0.0994%4h$1.2M$1.5M12x
Orderly PERP_USELESS_USDC+0.1121%4h$18K$1.4M10xas long as short