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

USELESS

all USELESS markets
SwapPrice view
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Funding spread now, next payment 15:00 UTC0.0000%/8h
paid, last 24h−0.024%paid, last 5 days−0.198%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate USELESS_USDT0.27900.0100pay 0.0050% / 4h1h 58m$6.4M$5.1M50x
ShortPacifica USELESS0.27920.0100get 0.0013% / 1h58m 07s$28K$103K3x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$23
Break-even
never at this rate
Slippage unknown: Gate: live order book, 2 min ago; Pacifica: live order book, 61 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.061%
Avg gap 7d
+0.073%
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, 2 min ago3.05 bp61.7 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 61 min ago29.21 bp63.1 bp −$63doesn'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$25K5.5xas long as short
Lighter USELESS+0.0096%1h$1.3M$833K3xas long as short
Pacifica USELESSshort+0.0100%1h$28K$103K3x
OKX USELESS-USDT-SWAP+0.0100%4h$9.5M$49.8M10xas long as short
Gate USELESS_USDTlong+0.0100%4h$6.4M$5.1M50x
KuCoin USELESSUSDTM+0.0100%4h$5.1M$6.0M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$41K$679K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$54K$201K3xas long as short
SunX USELESS-USDT+0.0100%4h$1.2M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$284K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$499K$1.4M20xas long as short
Aevo USELESS-PERP+0.0200%1h$10K3xas long as short
Bitget USELESSUSDT+0.0206%4h$5.3M$5.8M20xas long as short
Hyperliquid USELESS+0.0215%1h$12.2M$12.8M3xas long as short
Extended USELESS-USD+0.0488%1h$264K$915K5xas long as short
edgeX USELESSUSDC+0.0489%4h$21K$184K10xas long as short
Binance USELESSUSDT+0.0491%4h$23.8M$79.6M50xas long as short
MEXC USELESS_USDT+0.0498%4h$16.8M$4.0M50xas long as short
Bybit USELESSUSDT+0.0651%4h$27.3M$31.4M13xas long as short
BingX USELESS-USDT+0.0706%4h$3.7Mas long as short
Variational Omni USELESS+0.0777%4h$1.2M$1.4Mas long as short
BloFin USELESS-USDT+0.0883%4h$1.2M$1.6M12xas long as short
Aster USELESSUSDT+0.0884%4h$589K$1.1M10xas long as short
Orderly PERP_USELESS_USDC+0.1132%4h$18K$1.4M10xas long as short