Funding you earn now, next payment 00:00 UTC+0.1693%/8h= +185.4% APRnext payment +$8.47 per $10,000 · paid last 24h +0.207%
Price spread now: BloFin against HTX−0.576%59s7-day average +0.154% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.754%+$75 on $10k
+Price spread, last 3 days (all we have)+0.722%+$72 · spread now −0.576%, 7d avg +0.154%
=Funding pays, the price is against you. BloFin is 0.730% cheaper against HTX than usual: you would sell low and buy high (spread −0.576% now, against its 7-day average of +0.154%). If the spread goes back, that is −$73 on $10k: about 34 hours of funding at the current rate (+$51 a day). At the pace of the last 7 days (+0.754% in total) that is about 6.8 days. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.754% in total (about 39.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.47 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 | 0.2741 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $18K | $489K | 20x |
| Short | BloFin USELESS-USDT | 0.2725 | 0.1793 | get 0.0897% / 4h | 1h 17m | $1.2M | $1.9M | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $355.58
- Price spread: −0.576% → +0.154%
- −$73.02
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $258.56
- Costs to cover
- 0.240%
- Break-even
- 1.9 days
Slippage unknown: HTX: live order book, 65 min ago; BloFin: live order book, 5 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, 65 min ago | 46.22 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.37 bp | 11.5 bp −$11 | 32.7 bp −$327 | 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 | 0.2728 | −0.474% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2727 | −0.509% | $30K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2727 | −0.514% | $9.5M | $63.1M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2736 | −0.182% | $26K | $146K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2737 | −0.153% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDTlong | +0.0100% | 4h | 0.2741 | long leg | $18K | $489K | 20x | |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2726 | −0.547% | $559K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2734 | −0.277% | $10K | — | 3x | as long as short |
| ApeX Omni USELESSUSDT | +0.0277% | 1h | 0.2731 | −0.372% | $38K | $700K | 25x | as long as short |
| KuCoin USELESSUSDTM | +0.0326% | 4h | 0.2727 | −0.525% | $5.1M | $9.9M | 12x | 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 | +0.0350% | 4h | 0.2725 | −0.606% | $6.8M | $8.1M | 50x | as long as short |
| Extended USELESS-USD | +0.0480% | 1h | 0.2727 | −0.503% | $287K | $965K | 5x | as long as short |
| MEXC USELESS_USDT | +0.0480% | 4h | 0.2729 | −0.452% | $9.9M | $5.9M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0489% | 4h | 0.2733 | −0.282% | $20K | $191K | 10x | as long as short |
| Binance USELESSUSDT | +0.0489% | 4h | 0.2729 | −0.463% | $23.1M | $114.0M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0492% | 4h | 0.2726 | −0.555% | $5.2M | $9.1M | 20x | as long as short |
| Hyperliquid USELESS | +0.0843% | 1h | 0.2728 | −0.471% | $13.3M | $20.6M | 3x | as long as short |
| Aster USELESSUSDT | +0.1118% | 4h | 0.2728 | −0.490% | $639K | $2.2M | 10x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1269% | 4h | 0.2737 | −0.150% | $21K | $1.4M | 10x | as long as short |
| BingX USELESS-USDT | +0.1320% | 4h | 0.2730 | −0.394% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.1384% | 4h | 0.2731 | −0.390% | $27.3M | $44.7M | 13x | as long as short |
| Variational Omni USELESS | +0.1483% | 4h | 0.2728 | −0.467% | $1.1M | $1.8M | — | as long as short |
| BloFin USELESS-USDTshort | +0.1793% | 4h | 0.2725 | −0.576% | $1.2M | $1.9M | 12x | |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2894 | +5.589% | $5K | $9K | 5.5x | as long as short |
HTX USELESS-USDT
BloFin USELESS-USDT
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDT
KuCoin USELESSUSDTM
Gate USELESS_USDT
Extended USELESS-USD
MEXC USELESS_USDT
edgeX USELESSUSDC
Binance USELESSUSDT
Bitget USELESSUSDT
Hyperliquid USELESS
Aster USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Injective USELESS/USDC PERP