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

USELESS

all USELESS markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC0.0000%/8h
paid, last 24h−0.008%paid, last 7 days−0.023%to open and close $10k−$124
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended USELESS-USD0.28100.0424pay 0.0053% / 1h57m 18s$265K$915K5x
ShortMEXC USELESS_USDT0.28080.0424get 0.0212% / 4h3h 57m$17.7M$4.4M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$110.61
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$123.61
Break-even
never at this rate
Slippage from Extended: live order book, 52 min ago; MEXC: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.081%
Avg gap 7d
+0.044%
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 Extended live order book, 52 min ago6.30 bp62.7 bp −$63371.4 bp −$3,714doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.53 bp8.3 bp −$851.8 bp −$518176.7 bp −$17.7Kdoesn'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$902K3xas long as short
Pacifica USELESS+0.0100%1h$28K$103K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.4M$52.7M10xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.1M$6.9M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$36K$685K25xas long as short
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$312K20xas long as short
Bitget USELESSUSDT+0.0182%4h$5.2M$6.6M20xas long as short
Aevo USELESS-PERP+0.0192%1h$10K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni USELESS+0.0415%4h$1.2M$1.6Mas long as short
BingX USELESS-USDT+0.0422%4h$4.0Mas long as short
Extended USELESS-USDlong+0.0424%1h$265K$915K5x
MEXC USELESS_USDTshort+0.0424%4h$17.7M$4.4M50x
edgeX USELESSUSDC+0.0424%4h$21K$185K10xas long as short
Binance USELESSUSDT+0.0425%4h$23.7M$85.3M50xas long as short
BloFin USELESS-USDT+0.0574%4h$1.2M$1.7M12xas long as short
Polymarket Perps USELESS-USD+0.0643%1h$38K$108K3xas long as short
Gate USELESS_USDT+0.0658%4h$6.5M$5.8M50xas long as short
Bybit USELESSUSDT+0.0692%4h$27.4M$34.9M13xas long as short
Orderly PERP_USELESS_USDC+0.0988%4h$19K$1.4M10xas long as short
Aster USELESSUSDT+0.0997%4h$669K$1.4M10xas long as short
Hyperliquid USELESS+0.1101%1h$12.5M$13.7M3xas long as short
Phemex USELESSUSDT+0.3189%4h$512K$1.3M20xas long as short