Funding you earn now, next payment 00:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.098%
Price spread now: Extended against Gate+0.209%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2382.382% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.209%, 7d avg +0.085%
=Together, before fees−0.021%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.123% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate USELESS_USDT | 0.2843 | 0.0480 | pay 0.0240% / 4h | 49m 23s | $7.1M | $8.2M | 50x |
| Short | Extended USELESS-USD | 0.2848 | 0.0536 | get 0.0067% / 1h | 49m 23s | $298K | $966K | 5x |
Gate USELESS_USDT
Extended USELESS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Gate. 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
- $11.76
- Price spread: +0.209% → +0.085%
- $12.32
- Slippage, 4 orders
- −$218.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$214.08
- Costs to cover
- 2.382%
- Break-even
- 134.4 days
Slippage from Gate: live order book, 4 min ago; Extended: live order book, 29 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 Gate live order book, 4 min ago | 6.74 bp | 68.3 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 29 min ago | 7.80 bp | 22.0 bp −$22 | 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 | 0.2846 | +0.106% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2845 | +0.088% | $32K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2838 | −0.151% | $10.0M | $66.6M | 10x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2839 | −0.130% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2838 | −0.172% | $19K | $493K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2836 | −0.225% | $570K | $1.2M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0164% | 1h | 0.2849 | +0.229% | $31K | $153K | 3x | as long as short |
| Aevo USELESS-PERP | +0.0216% | 1h | 0.2839 | −0.128% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0338% | 4h | 0.2848 | +0.201% | $5.3M | $9.9M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0422% | 4h | 0.2849 | +0.246% | $5.4M | $9.3M | 20x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Polymarket Perps USELESS-USD
Aevo USELESS-PERP
KuCoin USELESSUSDTM
Bitget USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDTlong | +0.0480% | 4h | 0.2843 | long leg | $7.1M | $8.2M | 50x | |
| edgeX USELESSUSDC | +0.0529% | 4h | 0.2841 | −0.049% | $21K | $192K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0534% | 4h | 0.2849 | +0.225% | $10.5M | $5.9M | 50x | as long as short |
| Extended USELESS-USDshort | +0.0536% | 1h | 0.2848 | +0.209% | $298K | $966K | 5x | |
| Binance USELESSUSDT | +0.0543% | 4h | 0.2846 | +0.108% | $24.0M | $115.5M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0820% | 1h | 0.2833 | −0.334% | $39K | $701K | 25x | as long as short |
| BingX USELESS-USDT | +0.1162% | 4h | 0.2846 | +0.123% | — | $5.0M | — | as long as short |
| Aster USELESSUSDT | +0.1165% | 4h | 0.2846 | +0.134% | $655K | $2.3M | 10x | as long as short |
| Bybit USELESSUSDT | +0.1233% | 4h | 0.2844 | +0.049% | $28.2M | $45.4M | 13x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1337% | 4h | 0.2840 | −0.074% | $22K | $1.4M | 10x | as long as short |
| Variational Omni USELESS | +0.1363% | 4h | 0.2833 | −0.320% | $1.2M | $1.7M | — | as long as short |
| Hyperliquid USELESS | +0.1504% | 1h | 0.2850 | +0.278% | $14.1M | $21.0M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1572% | 4h | 0.2842 | −0.011% | $1.2M | $2.0M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2988 | +5.126% | $5K | $9K | 5.5x | as long as short |
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
ApeX Omni USELESSUSDT
BingX USELESS-USDT
Aster USELESSUSDT
Bybit USELESSUSDT
Orderly PERP_USELESS_USDC
Variational Omni USELESS
Hyperliquid USELESS
BloFin USELESS-USDT
Injective USELESS/USDC PERP