Funding you earn now, next payment 08:00 UTC+0.0501%/8h= +54.8% APRpaid last 24h +0.103%
Price spread now: BloFin against Extended−0.084%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1751.755% of the position
Funding, last 7 days+0.557%+$56 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.084%, 7d avg +0.018%
=Together, before fees+0.488%+ Points / potential airdropExtended: Active · farm board+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.103% cheaper against Extended than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of +0.018%). If the spread goes back, that is −$10 on $10k: about 16 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended USELESS-USD | 0.2863 | 0.0352 | pay 0.0044% / 1h | 18m 50s | $272K | $1.7M | 5x |
| Short | BloFin USELESS-USDT | 0.2861 | 0.0853 | get 0.0426% / 4h | 18m 50s | $1.2M | $2.2M | 12x |
Extended USELESS-USD
BloFin USELESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Extended. 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
- $105.16
- Price spread: −0.084% → +0.018%
- −$10.26
- Slippage, 4 orders
- −$158.47
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$80.57
- Costs to cover
- 1.755%
- Break-even
- 12.4 days
Slippage from Extended: live order book, 4 min ago; BloFin: live order book, 4 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 Extended live order book, 4 min ago | 53.32 bp | 72.1 bp −$72 | 372.9 bp −$3,729 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 3.32 bp | 17.7 bp −$18 | 47.6 bp −$476 | 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 | 0.2862 | −0.036% | $1.3M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2853 | −0.357% | $30K | $19K | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0100% | 4h | 0.2856 | −0.252% | $5.2M | $10.8M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0100% | 4h | 0.2858 | −0.189% | $5.5M | $11.0M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2858 | −0.175% | $29K | $281K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2858 | −0.168% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2858 | −0.168% | $19K | $514K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2860 | −0.112% | $648K | $1.2M | 20x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0102% | 4h | 0.2856 | −0.263% | $10.0M | $72.7M | 10x | as long as short |
| Aevo USELESS-PERP | +0.0160% | 1h | 0.2851 | −0.430% | $10K | — | 3x | as long as short |
Lighter USELESS
Pacifica USELESS
KuCoin USELESSUSDTM
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
OKX USELESS-USDT-SWAP
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0250% | 4h | 0.2853 | −0.353% | $7.2M | $8.9M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0308% | 4h | 0.2869 | +0.200% | $21K | $198K | 10x | as long as short |
| Aster USELESSUSDT | +0.0329% | 4h | 0.2855 | −0.295% | $559K | $2.2M | 10x | as long as short |
| MEXC USELESS_USDT | +0.0340% | 4h | 0.2862 | −0.050% | $12.7M | $6.3M | 50x | as long as short |
| Binance USELESSUSDT | +0.0349% | 4h | 0.2858 | −0.175% | $23.8M | $127.3M | 50x | as long as short |
| Extended USELESS-USDlong | +0.0352% | 1h | 0.2863 | long leg | $272K | $1.7M | 5x | |
| ApeX Omni USELESSUSDT | +0.0380% | 1h | 0.2855 | −0.291% | $53K | $701K | 25x | as long as short |
| BingX USELESS-USDT | +0.0554% | 4h | 0.2858 | −0.189% | — | $5.4M | — | as long as short |
| Variational Omni USELESS | +0.0606% | 4h | 0.2852 | −0.402% | $1.2M | $1.9M | — | as long as short |
| Bybit USELESSUSDT | +0.0613% | 4h | 0.2856 | −0.242% | $27.1M | $50.4M | 13x | as long as short |
| BloFin USELESS-USDTshort | +0.0853% | 4h | 0.2861 | −0.084% | $1.2M | $2.2M | 12x | |
| Orderly PERP_USELESS_USDC | +0.0962% | 4h | 0.2859 | −0.147% | $21K | $1.7M | 10x | as long as short |
| Hyperliquid USELESS | +0.1136% | 1h | 0.2867 | +0.144% | $12.6M | $23.8M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3021 | +5.521% | $5K | $11K | 5.5x | as long as short |
Gate USELESS_USDT
edgeX USELESSUSDC
Aster USELESSUSDT
MEXC USELESS_USDT
Binance USELESSUSDT
ApeX Omni USELESSUSDT
BingX USELESS-USDT
Variational Omni USELESS
Bybit USELESSUSDT
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
Injective USELESS/USDC PERP