USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0566%/8h= +62.0% APRnext payment +$2.83 per $10,000 · paid last 24h +0.118%

Price spread now: Binance against HTX+0.833%7-day average +0.122% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.203%+$20 on $10k

Price spread, last 3 days (all we have)−0.477%−$48 · spread now +0.833%, 7d avg +0.122%

Together, before fees−0.274%−$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Binance is 0.711% dearer against HTX than usual: you sell high and buy low: +$71 more if the spread goes back to its 7-day average of +0.122%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.203% in total (about 10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX USELESS-USDT	0.2918	0.0100	pay 0.0050% / 4h	2h 21m	$20K	$379K	20x
Short	Binance USELESSUSDT	0.2943	0.0666	get 0.0333% / 4h	2h 21m	$25.4M	$109.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee BinancebpOrdersPrice spread, now +0.833%Rate

Funding earned: $118.84
Price spread: +0.833% → +0.122%: $71.07
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: $167.91
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: HTX: live order book, 1 min ago; Binance: live order book, 6 min ago. Net counts fees only.

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, 1 min ago	46.22 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	1.52 bp	17.7 bp −$18	71.5 bp −$715	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	0.2943	+0.860%	$1.4M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2943	+0.840%	$33K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2940	+0.737%	$10.5M	$65.7M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2942	+0.819%	$29K	$137K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2944	+0.870%	—	$1.4M	10x	as long as short
HTX USELESS-USDTlong	+0.0100%	4h	0.2918	long leg	$20K	$379K	20x
Phemex USELESSUSDT	+0.0100%	4h	0.2934	+0.535%	$585K	$1.2M	20x	as long as short
KuCoin USELESSUSDTM	+0.0238%	4h	0.2946	+0.959%	$5.5M	$9.6M	12x	as long as short
Aevo USELESS-PERP	+0.0240%	1h	0.2939	+0.699%	$11K	—	3x	as long as short
ApeX Omni USELESSUSDT	+0.0398%	1h	0.2933	+0.504%	$42K	$699K	25x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate USELESS_USDT	+0.0432%	4h	0.2940	+0.740%	$7.3M	$7.8M	50x	as long as short
Bitget USELESSUSDT	+0.0540%	4h	0.2939	+0.702%	$5.6M	$8.7M	20x	as long as short
Binance USELESSUSDTshort	+0.0666%	4h	0.2943	+0.833%	$25.4M	$109.3M	50x
edgeX USELESSUSDC	+0.0666%	4h	0.2938	+0.691%	$22K	$190K	10x	as long as short
MEXC USELESS_USDT	+0.0670%	4h	0.2947	+0.966%	$10.4M	$5.8M	50x	as long as short
Extended USELESS-USD	+0.0672%	1h	0.2941	+0.773%	$310K	$967K	5x	as long as short
Orderly PERP_USELESS_USDC	+0.1176%	4h	0.2939	+0.716%	$22K	$1.4M	10x	as long as short
Bybit USELESSUSDT	+0.1262%	4h	0.2941	+0.788%	$29.7M	$42.6M	13x	as long as short
BingX USELESS-USDT	+0.1272%	4h	0.2941	+0.768%	—	$4.9M	—	as long as short
Variational Omni USELESS	+0.1334%	4h	0.2964	+1.552%	$1.2M	$1.6M	—	as long as short
Aster USELESSUSDT	+0.1384%	4h	0.2948	+1.023%	$681K	$2.1M	10x	as long as short
Hyperliquid USELESS	+0.1593%	1h	0.2942	+0.809%	$15.1M	$19.6M	3x	as long as short
BloFin USELESS-USDT	+0.1740%	4h	0.2935	+0.583%	$1.2M	$2.0M	12x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.3120	+6.898%	$5K	$10K	5.5x	as long as short