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

USELESS

all USELESS markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC−0.0349%/8h
paid, last 24h−0.201%paid, last 7 days−0.648%to open and close $10k−$64
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin USELESS-USDT0.28800.0445pay 0.0222% / 4h2h 14m$1.2M$1.7M12x
ShortLighter USELESS0.28710.0096get 0.0012% / 1h14m 03s$1.3M$1.0M3x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$73.24
Slippage, 4 orders
−$52.07
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$137.31
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Lighter: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.299%
Avg gap 7d
−0.079%
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, 5 min ago3.44 bp13.9 bp −$1439.3 bp −$393doesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago2.24 bp15.6 bp −$1679.9 bp −$799doesn'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$855$20K5.5xas long as short
Lighter USELESSshort+0.0096%1h$1.3M$1.0M3x
Pacifica USELESS+0.0100%1h$29K$74K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.8M$57.7M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.8M$6.5M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.2M$7.7M12xas long as short
Bitget USELESSUSDT+0.0100%4h$5.4M$7.0M20xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$35K$693K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$28K$114K3xas long as short
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
HTX USELESS-USDT+0.0100%4h$21K$337K20xas long as short
Phemex USELESSUSDT+0.0100%4h$519K$1.3M20xas long as short
Aevo USELESS-PERP+0.0184%1h$10K3xas long as short
Bybit USELESSUSDT+0.0319%4h$28.2M$37.1M13xas long as short
Variational Omni USELESS+0.0320%4h$1.2M$1.5Mas long as short
BingX USELESS-USDT+0.0392%4h$4.4Mas long as short
edgeX USELESSUSDC+0.0394%4h$22K$186K10xas long as short
MEXC USELESS_USDT+0.0408%4h$18.7M$4.9M50xas long as short
Binance USELESSUSDT+0.0412%4h$24.4M$92.6M50xas long as short
Extended USELESS-USD+0.0416%1h$268K$915K5xas long as short
BloFin USELESS-USDTlong+0.0445%4h$1.2M$1.7M12x
Hyperliquid USELESS+0.0901%1h$14.0M$15.3M3xas long as short
Orderly PERP_USELESS_USDC+0.0945%4h$22K$1.4M10xas long as short
Aster USELESSUSDT+0.0977%4h$693K$1.7M10xas long as short