Funding you earn now, next payment 06:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h −0.095%
Price spread now: Gate against Extended−0.006%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$431as in the Funding arb table
Net, price: spread back to 7d avg − costs−$407as in the Price arb table
costs, in and out, $10k−$4124.120% of the position
Funding, last 7 days−0.185%−$19 on $10k
+Price spread, last 7 days−0.264%−$26 · spread now −0.006%, 7d avg −0.056%
=Together, before fees−0.449%+ Points / potential airdropExtended: Active · farm board−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Gate is 0.050% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.056%. Mind the row above: over the last 7 days funding on this pair cost −0.185%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.185% in total (about -9.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended USELESS-USD | 0.2762 | 0.0248 | pay 0.0031% / 1h | 14m 33s | $138K | $1.2M | 5x |
| Short | Gate USELESS_USDT | 0.2762 | 0.0628 | get 0.0314% / 4h | 2h 14m | $6.9M | $8.6M | 50x |
Extended USELESS-USD
Gate USELESS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $79.8
- Price spread: −0.006% → −0.056%
- $4.96
- Slippage, 4 orders
- −$392.04
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$327.27
- Costs to cover
- 4.120%
- Break-even
- 35.7 days
Slippage from Extended: live order book, 4 min ago; Gate: 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 | 85.19 bp | 102.1 bp −$102 | 426.0 bp −$4,260 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 11.28 bp | 123.6 bp −$124 | doesn't fit | 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 | 0.2760 | −0.078% | $1.3M | $1.2M | 3x | as long as short |
| Hyperliquid USELESS | +0.0100% | 1h | 0.2768 | +0.237% | $12.1M | $23.3M | 3x | as long as short |
| Aster USELESSUSDT | +0.0100% | 4h | 0.2759 | −0.100% | $540K | $2.1M | 10x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2762 | +0.002% | $29K | $19K | 3x | as long as short |
| Bitget USELESSUSDT | +0.0100% | 4h | 0.2765 | +0.103% | $5.3M | $10.4M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2766 | +0.157% | $27K | $254K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2768 | +0.211% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2753 | −0.314% | $19K | $518K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2767 | +0.179% | $652K | $1.1M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0124% | 4h | 0.2764 | +0.084% | $5.1M | $10.6M | 12x | as long as short |
Lighter USELESS
Hyperliquid USELESS
Aster USELESSUSDT
Pacifica USELESS
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERP | +0.0144% | 1h | 0.2769 | +0.267% | $10K | — | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0165% | 4h | 0.2767 | +0.182% | $9.5M | $68.0M | 10x | as long as short |
| edgeX USELESSUSDC | +0.0228% | 4h | 0.2762 | 0.000% | $21K | $197K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0244% | 4h | 0.2763 | +0.037% | $11.2M | $6.1M | 50x | as long as short |
| Binance USELESSUSDT | +0.0246% | 4h | 0.2765 | +0.097% | $23.0M | $122.9M | 50x | as long as short |
| Extended USELESS-USDlong | +0.0248% | 1h | 0.2762 | long leg | $138K | $1.2M | 5x | |
| BingX USELESS-USDT | +0.0348% | 4h | 0.2762 | +0.019% | — | $5.3M | — | as long as short |
| Bybit USELESSUSDT | +0.0361% | 4h | 0.2768 | +0.204% | $26.1M | $48.7M | 13x | as long as short |
| Variational Omni USELESS | +0.0473% | 4h | 0.2771 | +0.316% | $1.0M | $1.8M | — | as long as short |
| ApeX Omni USELESSUSDT | +0.0565% | 1h | 0.2758 | −0.144% | $49K | $699K | 25x | as long as short |
| BloFin USELESS-USDT | +0.0627% | 4h | 0.2764 | +0.066% | $1.1M | $2.1M | 12x | as long as short |
| Gate USELESS_USDTshort | +0.0628% | 4h | 0.2762 | −0.006% | $6.9M | $8.6M | 50x | |
| Orderly PERP_USELESS_USDC | +0.1150% | 4h | 0.2771 | +0.309% | $21K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2826 | +2.326% | $5K | $11K | 5.5x | as long as short |
Aevo USELESS-PERP
OKX USELESS-USDT-SWAP
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
ApeX Omni USELESSUSDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP