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

USELESS

all USELESS markets
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Funding spread now, next payment 16:00 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h+0.006%paid, last 7 days−0.023%to open and close $10k−$88
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate USELESS_USDT0.27510.0100pay 0.0050% / 4h56m 11s$6.4M$5.5M50x
ShortOKX USELESS-USDT-SWAP0.27540.0100get 0.0050% / 4h56m 11s$9.3M$50.6M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$63.23
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$88.23
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; OKX: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.098%
Avg gap 7d
+0.034%
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 Gate live order book, 4 min ago3.45 bp26.4 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.18 bp19.5 bp −$19doesn'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$773K3xas long as short
Pacifica USELESS+0.0100%1h$27K$103K3xas long as short
OKX USELESS-USDT-SWAPshort+0.0100%4h$9.3M$50.6M10x
Gate USELESS_USDTlong+0.0100%4h$6.4M$5.5M50x
KuCoin USELESSUSDTM+0.0100%4h$4.9M$6.5M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$42K$678K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$53K$166K3xas long as short
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$300K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$500K$1.4M20xas long as short
Aevo USELESS-PERP+0.0192%1h$10K3xas long as short
Bitget USELESSUSDT+0.0216%4h$5.3M$6.1M20xas long as short
Binance USELESSUSDT+0.0423%4h$23.2M$82.5M50xas long as short
Extended USELESS-USD+0.0424%1h$259K$915K5xas long as short
edgeX USELESSUSDC+0.0424%4h$21K$182K10xas long as short
MEXC USELESS_USDT+0.0428%4h$16.7M$4.2M50xas long as short
BingX USELESS-USDT+0.0472%4h$3.9Mas long as short
Bybit USELESSUSDT+0.0482%4h$26.7M$33.1M13xas long as short
Variational Omni USELESS+0.0664%4h$1.2M$1.5Mas long as short
BloFin USELESS-USDT+0.0738%4h$1.1M$1.6M12xas long as short
Hyperliquid USELESS+0.0785%1h$12.0M$13.1M3xas long as short
Aster USELESSUSDT+0.0876%4h$600K$1.2M10xas long as short
Orderly PERP_USELESS_USDC+0.1087%4h$18K$1.4M10xas long as short