USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0546%/8h= +59.8% APRnext payment +$2.73 per $10,000 · paid last 24h +0.153%

Price spread now: BingX against HTX+0.597%7-day average +0.111% · you sell dearer than you buy

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

Long on HTX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.299%+$30 on $10k

Price spread, last 4 days (all we have)−0.356%−$36 · spread now +0.597%, 7d avg +0.111%

Together, before fees−0.058%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and BingX is 0.486% dearer against HTX than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of +0.111%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.299% in total (about 15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.73 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	0.2530	0.0100	pay 0.0050% / 4h	43m 05s	$17K	$519K	20x
Short	BingX USELESS-USDT	0.2545	0.0646	get 0.0323% / 4h	43m 05s	—	$5.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.597%Rate

Funding earned: $114.66
Price spread: +0.597% → +0.111%: $48.57
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: $141.23
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: HTX: live order book, 15 min ago; BingX: live order book, 7 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, 15 min ago	50.01 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	5.12 bp	21.8 bp −$22	58.9 bp −$589	316.8 bp −$31.7K	933.8 bp −$466.9K

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	0.2545	+0.573%	$1.2M	$1.2M	3x	as long as short
Hyperliquid USELESS	+0.0100%	1h	0.2546	+0.625%	$11.5M	$22.8M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2550	+0.810%	$28K	$70K	3x	as long as short
Gate USELESS_USDT	+0.0100%	4h	0.2543	+0.518%	$6.4M	$8.7M	50x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	0.2554	+0.949%	$33K	$699K	25x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2546	+0.625%	$35K	$219K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2545	+0.605%	—	$1.4M	10x	as long as short
HTX USELESS-USDTlong	+0.0100%	4h	0.2530	long leg	$17K	$519K	20x
Phemex USELESSUSDT	+0.0100%	4h	0.2543	+0.506%	$562K	$1.1M	20x	as long as short
Aevo USELESS-PERP	+0.0200%	1h	0.2547	+0.656%	$9K	—	3x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX USELESS-USDT-SWAP	+0.0211%	4h	0.2544	+0.561%	$8.8M	$62.7M	10x	as long as short
KuCoin USELESSUSDTM	+0.0236%	4h	0.2546	+0.625%	$4.6M	$10.6M	12x	as long as short
Bitget USELESSUSDT	+0.0412%	4h	0.2543	+0.526%	$4.9M	$10.5M	20x	as long as short
MEXC USELESS_USDT	+0.0500%	4h	0.2545	+0.581%	$10.2M	$6.2M	50x	as long as short
Extended USELESS-USD	+0.0504%	1h	0.2544	+0.569%	$112K	$1.2M	5x	as long as short
Binance USELESSUSDT	+0.0507%	4h	0.2544	+0.555%	$21.2M	$123.5M	50x	as long as short
edgeX USELESSUSDC	+0.0511%	4h	0.2542	+0.461%	$19K	$197K	10x	as long as short
Aster USELESSUSDT	+0.0607%	4h	0.2545	+0.584%	$504K	$2.4M	10x	as long as short
BingX USELESS-USDTshort	+0.0646%	4h	0.2545	+0.597%	—	$5.3M	—
Bybit USELESSUSDT	+0.0653%	4h	0.2545	+0.585%	$24.4M	$48.8M	13x	as long as short
Variational Omni USELESS	+0.0843%	4h	0.2536	+0.219%	$1.0M	$1.8M	—	as long as short
BloFin USELESS-USDT	+0.0904%	4h	0.2548	+0.708%	$1.1M	$1.9M	12x	as long as short
Orderly PERP_USELESS_USDC	+0.1318%	4h	0.2546	+0.632%	$19K	$1.3M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2703	+6.850%	$5K	$11K	5.5x	as long as short