Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against HTX+0.084%7-day average +0.095% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 3 days (all we have)+0.515%+$51 · spread now +0.084%, 7d avg +0.095%
=Together, before fees+0.599%+ Points / potential airdropLighter: Season 3 · farm board+$60 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX USELESS-USDT | 0.2844 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $20K | $386K | 20x |
| Short | Lighter USELESS | 0.2846 | 0.0096 | get 0.0012% / 1h | 8m 39s | $1.3M | $1.1M | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: +0.084% → +0.095%
- −$1.07
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$13.91
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 14 min ago; Lighter: live order book, 8 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, 14 min ago | 46.22 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 4.27 bp | 17.9 bp −$18 | 98.7 bp −$987 | 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 USELESSshort | +0.0096% | 1h | 0.2846 | +0.084% | $1.3M | $1.1M | 3x | |
| Pacifica USELESS | +0.0100% | 1h | 0.2846 | +0.079% | $32K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2837 | −0.250% | $10.1M | $63.9M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2850 | +0.218% | $28K | $139K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2849 | +0.176% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDTlong | +0.0100% | 4h | 0.2844 | long leg | $20K | $386K | 20x | |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2837 | −0.232% | $568K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0232% | 1h | 0.2849 | +0.164% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0242% | 4h | 0.2839 | −0.176% | $5.3M | $9.7M | 12x | as long as short |
| ApeX Omni USELESSUSDT | +0.0306% | 1h | 0.2856 | +0.425% | $41K | $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 | +0.0394% | 4h | 0.2836 | −0.271% | $7.1M | $7.9M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0526% | 4h | 0.2838 | −0.207% | $5.4M | $8.8M | 20x | as long as short |
| Binance USELESSUSDT | +0.0595% | 4h | 0.2837 | −0.260% | $24.2M | $110.7M | 50x | as long as short |
| MEXC USELESS_USDT | +0.0606% | 4h | 0.2842 | −0.060% | $10.0M | $5.9M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0607% | 4h | 0.2863 | +0.686% | $21K | $190K | 10x | as long as short |
| Extended USELESS-USD | +0.0608% | 1h | 0.2838 | −0.215% | $299K | $968K | 5x | as long as short |
| BingX USELESS-USDT | +0.1166% | 4h | 0.2836 | −0.285% | — | $4.9M | — | as long as short |
| Orderly PERP_USELESS_USDC | +0.1187% | 4h | 0.2850 | +0.222% | $21K | $1.4M | 10x | as long as short |
| Bybit USELESSUSDT | +0.1254% | 4h | 0.2837 | −0.243% | $28.8M | $43.1M | 13x | as long as short |
| Aster USELESSUSDT | +0.1283% | 4h | 0.2843 | −0.028% | $659K | $2.2M | 10x | as long as short |
| Variational Omni USELESS | +0.1295% | 4h | 0.2859 | +0.532% | $1.2M | $1.7M | — | as long as short |
| BloFin USELESS-USDT | +0.1525% | 4h | 0.2850 | +0.222% | $1.2M | $1.9M | 12x | as long as short |
| Hyperliquid USELESS | +0.1537% | 1h | 0.2852 | +0.277% | $14.6M | $19.8M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3027 | +6.442% | $5K | $10K | 5.5x | as long as short |
HTX USELESS-USDT
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
ApeX Omni USELESSUSDT
Gate USELESS_USDT
Bitget USELESSUSDT
Binance USELESSUSDT
MEXC USELESS_USDT
edgeX USELESSUSDC
Extended USELESS-USD
BingX USELESS-USDT
Bybit USELESSUSDT
Aster USELESSUSDT
Variational Omni USELESS
BloFin USELESS-USDT
Hyperliquid USELESS
Injective USELESS/USDC PERP