USELESS

Alert

Funding spread now, next payment 20:00 UTC−0.0424%/8h

next payment, per $10,000−$2.12paid, last 24h−0.070%paid, last 7 days−0.573%to open and close $10k−$118

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin USELESS-USDT	0.2838	0.0524	pay 0.0262% / 4h	1h 19m	$1.2M	$1.7M	12x
Short	Phemex USELESSUSDT	0.2843	0.0100	get 0.0050% / 4h	1h 19m	$530K	$1.3M	20x

Funding history

latest

Range statsloading…

click an exchange to add or hide it

latest

Position, each leg$Hold fordaysFee BloFinbpFee PhemexbpOrdersRate

Slippage from BloFin: live order book, 5 min ago; Phemex: live order book, 5 min ago.

A gap far from its average can cost days of funding.

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 5 min ago	0.35 bp	15.4 bp −$15	37.0 bp −$370	doesn't fit	doesn't fit
Sell Phemex live order book, 5 min ago	8.05 bp	40.1 bp −$40	doesn't fit	doesn't fit	doesn't fit

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective USELESS/USDC PERP	−0.5000%	1h	$855	$14K	5.5x	as long as short
Lighter USELESS	+0.0096%	1h	$1.3M	$945K	3x	as long as short
Pacifica USELESS	+0.0100%	1h	$32K	$76K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	$9.7M	$57.2M	10x	as long as short
Gate USELESS_USDT	+0.0100%	4h	$6.8M	$6.6M	50x	as long as short
KuCoin USELESSUSDTM	+0.0100%	4h	$5.1M	$8.0M	12x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	$35K	$693K	25x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	$27K	$122K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	—	$1.3M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	$20K	$340K	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex USELESSUSDTshort	+0.0100%	4h	$530K	$1.3M	20x
Aevo USELESS-PERP	+0.0176%	1h	$10K	—	3x	as long as short
Bitget USELESSUSDT	+0.0184%	4h	$5.4M	$7.1M	20x	as long as short
Bybit USELESSUSDT	+0.0194%	4h	$27.7M	$37.1M	13x	as long as short
Variational Omni USELESS	+0.0329%	4h	$1.2M	$1.5M	—	as long as short
edgeX USELESSUSDC	+0.0369%	4h	$22K	$187K	10x	as long as short
Binance USELESSUSDT	+0.0374%	4h	$24.1M	$93.2M	50x	as long as short
Extended USELESS-USD	+0.0376%	1h	$260K	$920K	5x	as long as short
MEXC USELESS_USDT	+0.0378%	4h	$19.0M	$5.0M	50x	as long as short
BingX USELESS-USDT	+0.0380%	4h	—	$4.4M	—	as long as short
BloFin USELESS-USDTlong	+0.0524%	4h	$1.2M	$1.7M	12x
Hyperliquid USELESS	+0.0740%	1h	$13.6M	$15.5M	3x	as long as short
Aster USELESSUSDT	+0.0844%	4h	$636K	$1.9M	10x	as long as short
Orderly PERP_USELESS_USDC	+0.0897%	4h	$22K	$1.4M	10x	as long as short