Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against edgeX+0.173%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2492.488% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)−0.290%−$29 · spread now +0.173%, 7d avg −0.042%
=Together, before fees−0.279%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.215% dearer against edgeX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX USELESSUSDC | 0.2714 | 0.0612 | pay 0.0306% / 4h | 1h 10m | $20K | $195K | 10x |
| Short | Binance USELESSUSDT | 0.2719 | 0.0605 | get 0.0303% / 4h | 1h 10m | $23.1M | $118.6M | 50x |
edgeX USELESSUSDC
Binance USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.33
- Price spread: +0.173% → −0.042%
- $21.5
- Slippage, 4 orders
- −$229.76
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$228.59
- Costs to cover
- 2.488%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 51 min ago; Binance: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 51 min ago | 1.42 bp | 99.3 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.18 bp | 12.9 bp −$13 | 53.1 bp −$531 | doesn't fit | doesn't fit |
USELESS on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2715 | +0.032% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2703 | −0.385% | $30K | $70K | 3x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2708 | −0.223% | $6.8M | $8.6M | 50x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2714 | −0.005% | $38K | $217K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2717 | +0.116% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2712 | −0.053% | $18K | $513K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2710 | −0.138% | $600K | $1.1M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0219% | 1h | 0.2714 | +0.002% | $37K | $696K | 25x | as long as short |
| Aevo USELESS-PERP | +0.0232% | 1h | 0.2717 | +0.098% | $10K | — | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0234% | 4h | 0.2718 | +0.146% | $9.6M | $64.1M | 10x | as long as short |
Lighter USELESS
Pacifica USELESS
Gate USELESS_USDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDT
Aevo USELESS-PERP
OKX USELESS-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USELESSUSDTM | +0.0294% | 4h | 0.2711 | −0.127% | $5.0M | $10.4M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0554% | 4h | 0.2718 | +0.142% | $5.3M | $10.0M | 20x | as long as short |
| MEXC USELESS_USDT | +0.0604% | 4h | 0.2716 | +0.083% | $10.8M | $6.1M | 50x | as long as short |
| Binance USELESSUSDTshort | +0.0605% | 4h | 0.2719 | +0.173% | $23.1M | $118.6M | 50x | |
| Extended USELESS-USD | +0.0608% | 1h | 0.2715 | +0.055% | $285K | $1.1M | 5x | as long as short |
| edgeX USELESSUSDClong | +0.0612% | 4h | 0.2714 | long leg | $20K | $195K | 10x | |
| Hyperliquid USELESS | +0.0652% | 1h | 0.2717 | +0.120% | $13.2M | $21.2M | 3x | as long as short |
| BingX USELESS-USDT | +0.0888% | 4h | 0.2719 | +0.172% | — | $5.2M | — | as long as short |
| Bybit USELESSUSDT | +0.0979% | 4h | 0.2717 | +0.131% | $26.3M | $46.6M | 13x | as long as short |
| Variational Omni USELESS | +0.0982% | 4h | 0.2712 | −0.080% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDT | +0.1014% | 4h | 0.2713 | −0.028% | $571K | $2.4M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1228% | 4h | 0.2715 | +0.050% | $1.2M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1395% | 4h | 0.2715 | +0.028% | $21K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2878 | +6.052% | $5K | $9K | 5.5x | as long as short |
KuCoin USELESSUSDTM
Bitget USELESSUSDT
MEXC USELESS_USDT
Extended USELESS-USD
Hyperliquid USELESS
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Aster USELESSUSDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP