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−0.0233%/8h
next payment, per $10,000−$1.16paid, last 24h−0.090%paid, last 7 days−0.554%to open and close $10k−$51
Long on BloFinShort on MEXC
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin USELESS-USDT0.27450.0711pay 0.0355% / 4h1h 41m$1.1M$1.5M12x
ShortMEXC USELESS_USDT0.27460.0478get 0.0239% / 4h1h 41m$16.5M$4.1M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$48.92
Slippage, 4 orders
−$31.08
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$100
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; MEXC: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.051%
Avg gap 7d
−0.034%
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 ago4.53 bp13.6 bp −$1429.8 bp −$298doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.27 bp7.4 bp −$740.7 bp −$407148.3 bp −$14.8Kdoesn'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$9.3M$49.3M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.3M$5.2M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$4.9M$6.1M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$41K$678K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$53K$200K3xas long as short
SunX USELESS-USDT+0.0100%4h—$1.2M10xas long as short
HTX USELESS-USDT+0.0100%4h$20K$288K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$498K$1.4M20xas long as short
Bitget USELESSUSDT+0.0194%4h$5.2M$5.8M20xas long as short
Aevo USELESS-PERP+0.0200%1h$10K—3xas long as short
Hyperliquid USELESS+0.0276%1h$11.9M$12.9M3xas long as short
Bybit USELESSUSDT+0.0450%4h$26.7M$31.8M13xas long as short
BingX USELESS-USDT+0.0450%4h—$3.8M—as long as short
edgeX USELESSUSDC+0.0459%4h$21K$185K10xas long as short
Binance USELESSUSDT+0.0477%4h$23.2M$80.2M50xas long as short
MEXC USELESS_USDTshort+0.0478%4h$16.5M$4.1M50x
Extended USELESS-USD+0.0480%1h$258K$915K5xas long as short
Variational Omni USELESS+0.0666%4h$1.1M$1.5M—as long as short
BloFin USELESS-USDTlong+0.0711%4h$1.1M$1.5M12x
Aster USELESSUSDT+0.0869%4h$577K$1.1M10xas long as short
Orderly PERP_USELESS_USDC+0.1109%4h$18K$1.4M10xas long as short