Settings8H · net · $10k
Funding arb · Price arb /

USELESS

all USELESS markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX USELESS-USDT0.28440.0100pay 0.0050% / 4h2h 08m$20K$386K20x
ShortLighter USELESS0.28460.0096get 0.0012% / 1h8m 39s$1.3M$1.1M3x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 14 min ago46.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 8 min ago4.27 bp17.9 bp −$1898.7 bp −$987doesn't fitdoesn't fit

USELESS on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter USELESSshort+0.0096%1h0.2846+0.084%$1.3M$1.1M3x
Pacifica USELESS+0.0100%1h0.2846+0.079%$32K$70K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h0.2837−0.250%$10.1M$63.9M10xas long as short
Polymarket Perps USELESS-USD+0.0100%1h0.2850+0.218%$28K$139K3xas long as short
SunX USELESS-USDT+0.0100%4h0.2849+0.176%$1.4M10xas long as short
HTX USELESS-USDTlong+0.0100%4h0.2844long leg$20K$386K20x
Phemex USELESSUSDT+0.0100%4h0.2837−0.232%$568K$1.2M20xas long as short
Aevo USELESS-PERP+0.0232%1h0.2849+0.164%$10K3xas long as short
KuCoin USELESSUSDTM+0.0242%4h0.2839−0.176%$5.3M$9.7M12xas long as short
ApeX Omni USELESSUSDT+0.0306%1h0.2856+0.425%$41K$699K25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate USELESS_USDT+0.0394%4h0.2836−0.271%$7.1M$7.9M50xas long as short
Bitget USELESSUSDT+0.0526%4h0.2838−0.207%$5.4M$8.8M20xas long as short
Binance USELESSUSDT+0.0595%4h0.2837−0.260%$24.2M$110.7M50xas long as short
MEXC USELESS_USDT+0.0606%4h0.2842−0.060%$10.0M$5.9M50xas long as short
edgeX USELESSUSDC+0.0607%4h0.2863+0.686%$21K$190K10xas long as short
Extended USELESS-USD+0.0608%1h0.2838−0.215%$299K$968K5xas long as short
BingX USELESS-USDT+0.1166%4h0.2836−0.285%$4.9Mas long as short
Orderly PERP_USELESS_USDC+0.1187%4h0.2850+0.222%$21K$1.4M10xas long as short
Bybit USELESSUSDT+0.1254%4h0.2837−0.243%$28.8M$43.1M13xas long as short
Aster USELESSUSDT+0.1283%4h0.2843−0.028%$659K$2.2M10xas long as short
Variational Omni USELESS+0.1295%4h0.2859+0.532%$1.2M$1.7Mas long as short
BloFin USELESS-USDT+0.1525%4h0.2850+0.222%$1.2M$1.9M12xas long as short
Hyperliquid USELESS+0.1537%1h0.2852+0.277%$14.6M$19.8M3xas long as short
Injective USELESS/USDC PERP+0.5000%1h0.3027+6.442%$5K$10K5.5xas long as short