USELESS

Alert

Funding spread now, next payment 16:00 UTC0.0000%/8h

paid, last 24h−0.026%paid, last 7 days−0.097%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate USELESS_USDT	0.2794	0.0100	pay 0.0050% / 4h	11m 49s	$6.5M	$5.9M	50x
Short	Polymarket Perps USELESS-USD	0.2794	0.0100	get 0.0013% / 1h	11m 49s	$38K	$162K	3x

Funding history

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latest

Position, each leg$Hold fordaysFee GatebpFee Polymarket PerpsbpOrdersRate

Slippage unknown: Gate: live order book, 3 min ago; Polymarket Perps: live order book, 43 min ago. Net counts fees only.

A gap far from its average can cost days of funding.

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 3 min ago	0.89 bp	29.6 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 43 min ago	30.24 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective USELESS/USDC PERP	−0.5000%	1h	$3K	$18K	5.5x	as long as short
Lighter USELESS	+0.0096%	1h	$1.3M	$882K	3x	as long as short
Pacifica USELESS	+0.0100%	1h	$28K	$103K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	$9.4M	$52.9M	10x	as long as short
Gate USELESS_USDTlong	+0.0100%	4h	$6.5M	$5.9M	50x
KuCoin USELESSUSDTM	+0.0100%	4h	$5.0M	$6.8M	12x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	$36K	$683K	25x	as long as short
Polymarket Perps USELESS-USDshort	+0.0100%	1h	$38K	$162K	3x
SunX USELESS-USDT	+0.0100%	4h	—	$1.3M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	$21K	$309K	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aevo USELESS-PERP	+0.0184%	1h	$10K	—	3x	as long as short
Bitget USELESSUSDT	+0.0210%	4h	$5.2M	$6.6M	20x	as long as short
Bybit USELESSUSDT	+0.0327%	4h	$27.3M	$34.9M	13x	as long as short
BingX USELESS-USDT	+0.0404%	4h	—	$4.0M	—	as long as short
edgeX USELESSUSDC	+0.0410%	4h	$21K	$185K	10x	as long as short
MEXC USELESS_USDT	+0.0424%	4h	$17.5M	$4.4M	50x	as long as short
Extended USELESS-USD	+0.0432%	1h	$263K	$915K	5x	as long as short
Binance USELESSUSDT	+0.0432%	4h	$23.7M	$85.4M	50x	as long as short
Variational Omni USELESS	+0.0453%	4h	$1.2M	$1.6M	—	as long as short
Phemex USELESSUSDT	+0.0534%	4h	$508K	$1.3M	20x	as long as short
BloFin USELESS-USDT	+0.0557%	4h	$1.2M	$1.6M	12x	as long as short
Aster USELESSUSDT	+0.0985%	4h	$660K	$1.3M	10x	as long as short
Orderly PERP_USELESS_USDC	+0.1021%	4h	$19K	$1.4M	10x	as long as short
Hyperliquid USELESS	+0.1133%	1h	$12.4M	$13.6M	3x	as long as short