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

USELESS

all USELESS markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 17:00 UTC−0.0396%/8h
next payment, per $10,000−$0.50paid, last 24h−0.114%paid, last 5 days−0.335%to open and closeno order book
Long on ExtendedShort on Pacifica
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended USELESS-USD0.28520.0496pay 0.0062% / 1h26m 46s$266K$917K5x
ShortPacifica USELESS0.28540.0100get 0.0013% / 1h26m 46s$28K$104K3x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$83.16
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$96.16
Break-even
never at this rate
Slippage unknown: Extended: live order book, 18 min ago; Pacifica: live order book, 17 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.051%
Avg gap 7d
−0.011%
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, 18 min ago61.16 bp78.1 bp −$78374.1 bp −$3,741doesn't fitdoesn't fit
Sell Pacifica live order book, 17 min ago35.87 bp55.9 bp −$56doesn'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$951K3xas long as short
Pacifica USELESSshort+0.0100%1h$28K$104K3x
OKX USELESS-USDT-SWAP+0.0100%4h$9.8M$55.9M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.7M$6.1M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.2M$7.2M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$37K$690K25xas long as short
SunX USELESS-USDT+0.0100%4h—$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$320K20xas long as short
Bitget USELESSUSDT+0.0204%4h$5.4M$6.7M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aevo USELESS-PERP+0.0208%1h$10K—3xas long as short
Phemex USELESSUSDT+0.0262%4h$512K$1.3M20xas long as short
Variational Omni USELESS+0.0429%4h$1.2M$1.5M—as long as short
Extended USELESS-USDlong+0.0496%1h$266K$917K5x
MEXC USELESS_USDT+0.0496%4h$18.1M$4.7M50xas long as short
Binance USELESSUSDT+0.0497%4h$24.2M$89.2M50xas long as short
edgeX USELESSUSDC+0.0523%4h$22K$185K10xas long as short
BingX USELESS-USDT+0.0662%4h—$4.2M—as long as short
Polymarket Perps USELESS-USD+0.0848%1h$34K$113K3xas long as short
Orderly PERP_USELESS_USDC+0.0976%4h$22K$1.4M10xas long as short
Bybit USELESSUSDT+0.0977%4h$28.1M$36.4M13xas long as short
Hyperliquid USELESS+0.0982%1h$13.6M$14.4M3xas long as short
BloFin USELESS-USDT+0.1052%4h$1.2M$1.7M12xas long as short
Aster USELESSUSDT+0.1118%4h$678K$1.4M10xas long as short