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

USELESS

all USELESS markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC−0.0073%/8h
paid, last 24h−0.201%paid, last 7 days−0.777%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin USELESS-USDT0.28010.0776pay 0.0388% / 4h3h 53m$1.2M$1.7M12x
ShortPolymarket Perps USELESS-USD0.28130.0703get 0.0088% / 1h53m 27s$38K$108K3x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$15.32
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$35.32
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 6 min ago; Polymarket Perps: live order book, 61 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.418%
Avg gap 7d
−0.062%
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, 6 min ago4.63 bp14.8 bp −$1530.4 bp −$304doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 61 min ago30.24 bpdoesn't fitdoesn'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$18K5.5xas long as short
Lighter USELESS+0.0096%1h$1.3M$903K3xas long as short
Pacifica USELESS+0.0100%1h$28K$103K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.4M$52.8M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.5M$5.8M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.1M$6.9M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$36K$686K25xas long as short
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$313K20xas long as short
Bitget USELESSUSDT+0.0172%4h$5.2M$6.6M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aevo USELESS-PERP+0.0184%1h$10K3xas long as short
Bybit USELESSUSDT+0.0205%4h$27.5M$35.1M13xas long as short
edgeX USELESSUSDC+0.0406%4h$21K$183K10xas long as short
Variational Omni USELESS+0.0407%4h$1.2M$1.6Mas long as short
MEXC USELESS_USDT+0.0414%4h$17.7M$4.4M50xas long as short
Binance USELESSUSDT+0.0414%4h$23.8M$85.5M50xas long as short
Extended USELESS-USD+0.0416%1h$264K$915K5xas long as short
Polymarket Perps USELESS-USDshort+0.0703%1h$38K$108K3x
BloFin USELESS-USDTlong+0.0776%4h$1.2M$1.7M12x
Hyperliquid USELESS+0.0881%1h$12.5M$13.5M3xas long as short
Aster USELESSUSDT+0.0985%4h$670K$1.3M10xas long as short
Orderly PERP_USELESS_USDC+0.0985%4h$19K$1.4M10xas long as short
Phemex USELESSUSDT+0.1054%4h$509K$1.3M20xas long as short
BingX USELESS-USDT+0.2276%4h$4.0Mas long as short