USELESS

Alert

Funding spread now, next payment 17:00 UTC+0.0100%/8h

paid, last 24h+0.030%paid, last 5 days−0.019%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX USELESS-USDT	0.2832	0.0100	pay 0.0050% / 4h	3h 22m	$21K	$321K	20x
Short	Aevo USELESS-PERP	0.2835	0.0200	get 0.0025% / 1h	22m 30s	$10K	—	3x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee AevobpOrdersRate

Funding earned: $21
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$7
Break-even: 9.3 days

Slippage unknown: HTX: live order book, 21 min ago; Aevo: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.088%
Avg gap 7d: —

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

Backtest

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

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 HTX live order book, 21 min ago	48.91 bp	586.2 bp −$586	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

USELESS on 24 venues

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	$988K	3x	as long as short
Pacifica USELESS	+0.0100%	1h	$28K	$104K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	$9.7M	$56.0M	10x	as long as short
Gate USELESS_USDT	+0.0100%	4h	$6.7M	$6.1M	50x	as long as short
KuCoin USELESSUSDTM	+0.0100%	4h	$5.2M	$7.3M	12x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	$37K	$690K	25x	as long as short
SunX USELESS-USDT	+0.0100%	4h	—	$1.3M	10x	as long as short
HTX USELESS-USDTlong	+0.0100%	4h	$21K	$321K	20x
Phemex USELESSUSDT	+0.0100%	4h	$507K	$1.3M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget USELESSUSDT	+0.0190%	4h	$5.4M	$6.8M	20x	as long as short
Aevo USELESS-PERPshort	+0.0200%	1h	$10K	—	3x
Variational Omni USELESS	+0.0467%	4h	$1.2M	$1.5M	—	as long as short
Extended USELESS-USD	+0.0480%	1h	$265K	$917K	5x	as long as short
MEXC USELESS_USDT	+0.0482%	4h	$18.1M	$4.7M	50x	as long as short
Binance USELESSUSDT	+0.0487%	4h	$24.2M	$89.4M	50x	as long as short
edgeX USELESSUSDC	+0.0490%	4h	$22K	$184K	10x	as long as short
BingX USELESS-USDT	+0.0662%	4h	—	$4.3M	—	as long as short
Bybit USELESSUSDT	+0.0746%	4h	$28.0M	$36.5M	13x	as long as short
Polymarket Perps USELESS-USD	+0.0786%	1h	$33K	$106K	3x	as long as short
Orderly PERP_USELESS_USDC	+0.0962%	4h	$22K	$1.4M	10x	as long as short
Hyperliquid USELESS	+0.1011%	1h	$13.5M	$14.3M	3x	as long as short
BloFin USELESS-USDT	+0.1035%	4h	$1.2M	$1.7M	12x	as long as short
Aster USELESSUSDT	+0.1087%	4h	$645K	$1.4M	10x	as long as short