USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0397%/8h= +43.5% APRnext payment +$1.99 per $10,000 · paid last 24h +0.116%

Price spread now: edgeX against HTX+0.599%7-day average +0.159% · you sell dearer than you buy

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

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.194%+$19 on $10k

Price spread, last 3 days (all we have)−0.173%−$17 · spread now +0.599%, 7d avg +0.159%

Together, before fees+0.020%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and edgeX is 0.440% dearer against HTX than usual: you sell high and buy low: +$44 more if the spread goes back to its 7-day average of +0.159%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.194% in total (about 10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.99 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	0.2806	0.0100	pay 0.0050% / 4h	26m 28s	$18K	$496K	20x
Short	edgeX USELESSUSDC	0.2823	0.0497	get 0.0249% / 4h	26m 28s	$21K	$191K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.599%Rate

Funding earned: $83.42
Price spread: +0.599% → +0.159%: $43.97
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $106.38
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: HTX: live order book, 52 min ago; edgeX: live order book, 50 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, 52 min ago	45.05 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 50 min ago	1.28 bp	113.6 bp −$114	doesn't fit	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	0.2811	+0.171%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2812	+0.230%	$31K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2809	+0.107%	$9.9M	$66.3M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2808	+0.093%	$35K	$158K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2818	+0.417%	—	$1.4M	10x	as long as short
HTX USELESS-USDTlong	+0.0100%	4h	0.2806	long leg	$18K	$496K	20x
Phemex USELESSUSDT	+0.0100%	4h	0.2806	−0.007%	$569K	$1.2M	20x	as long as short
ApeX Omni USELESSUSDT	+0.0147%	1h	0.2815	+0.328%	$39K	$702K	25x	as long as short
Aevo USELESS-PERP	+0.0208%	1h	0.2820	+0.493%	$10K	—	3x	as long as short
KuCoin USELESSUSDTM	+0.0234%	4h	0.2810	+0.153%	$5.2M	$10.0M	12x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget USELESSUSDT	+0.0324%	4h	0.2811	+0.178%	$5.3M	$9.4M	20x	as long as short
Gate USELESS_USDT	+0.0354%	4h	0.2809	+0.132%	$7.0M	$8.3M	50x	as long as short
edgeX USELESSUSDCshort	+0.0497%	4h	0.2823	+0.599%	$21K	$191K	10x
Binance USELESSUSDT	+0.0505%	4h	0.2811	+0.179%	$23.7M	$116.1M	50x	as long as short
MEXC USELESS_USDT	+0.0508%	4h	0.2809	+0.132%	$10.4M	$6.0M	50x	as long as short
Extended USELESS-USD	+0.0512%	1h	0.2810	+0.149%	$297K	$966K	5x	as long as short
BingX USELESS-USDT	+0.0960%	4h	0.2810	+0.146%	—	$5.0M	—	as long as short
Bybit USELESSUSDT	+0.0975%	4h	0.2811	+0.182%	$27.7M	$45.7M	13x	as long as short
Aster USELESSUSDT	+0.1089%	4h	0.2815	+0.330%	$647K	$2.3M	10x	as long as short
Variational Omni USELESS	+0.1185%	4h	0.2823	+0.598%	$1.2M	$1.8M	—	as long as short
BloFin USELESS-USDT	+0.1302%	4h	0.2817	+0.413%	$1.2M	$2.0M	12x	as long as short
Orderly PERP_USELESS_USDC	+0.1322%	4h	0.2818	+0.417%	$22K	$1.4M	10x	as long as short
Hyperliquid USELESS	+0.1536%	1h	0.2814	+0.292%	$14.0M	$21.0M	3x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2980	+6.198%	$5K	$9K	5.5x	as long as short