USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0134%/8h= +14.7% APRnext payment +$0.67 per $10,000 · paid last 24h +0.010%

Price spread now: OKX against HTX−0.107%7-day average +0.075% · you buy dearer than you sell

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

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 4 days (all we have)+0.787%+$79 · spread now −0.107%, 7d avg +0.075%

Together, before fees+0.817%+$82 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.182% cheaper against HTX than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of +0.075%). If the spread goes back, that is −$18 on $10k: about 4.5 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.030% in total) that is about 43 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX USELESS-USDT	0.2707	0.0100	pay 0.0050% / 4h	1h 08m	$18K	$512K	20x
Short	OKX USELESS-USDT-SWAP	0.2704	0.0234	get 0.0117% / 4h	1h 08m	$9.5M	$63.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.107%Rate

Funding earned: $28.17
Price spread: −0.107% → +0.075%: −$18.19
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$12.03
Costs to cover: 0.220%
Break-even: 10.0 days

Slippage unknown: HTX: live order book, 55 min ago; OKX: 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, 55 min ago	40.47 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.10 bp	12.0 bp −$12	74.4 bp −$744	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	0.2702	−0.163%	$1.2M	$1.2M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2706	−0.024%	$30K	$70K	3x	as long as short
Gate USELESS_USDT	+0.0100%	4h	0.2703	−0.148%	$6.8M	$8.6M	50x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2709	+0.070%	$39K	$217K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2711	+0.155%	—	$1.4M	10x	as long as short
HTX USELESS-USDTlong	+0.0100%	4h	0.2707	long leg	$18K	$512K	20x
Phemex USELESSUSDT	+0.0100%	4h	0.2706	−0.048%	$599K	$1.1M	20x	as long as short
ApeX Omni USELESSUSDT	+0.0219%	1h	0.2714	+0.262%	$37K	$696K	25x	as long as short
Aevo USELESS-PERP	+0.0232%	1h	0.2713	+0.211%	$10K	—	3x	as long as short
OKX USELESS-USDT-SWAPshort	+0.0234%	4h	0.2704	−0.107%	$9.5M	$63.6M	10x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin USELESSUSDTM	+0.0296%	4h	0.2703	−0.155%	$5.0M	$10.4M	12x	as long as short
Bitget USELESSUSDT	+0.0554%	4h	0.2705	−0.085%	$5.2M	$10.0M	20x	as long as short
edgeX USELESSUSDC	+0.0591%	4h	0.2715	+0.293%	$20K	$195K	10x	as long as short
MEXC USELESS_USDT	+0.0616%	4h	0.2705	−0.066%	$10.8M	$6.1M	50x	as long as short
Hyperliquid USELESS	+0.0629%	1h	0.2706	−0.047%	$13.2M	$20.9M	3x	as long as short
Binance USELESSUSDT	+0.0631%	4h	0.2703	−0.159%	$22.9M	$118.5M	50x	as long as short
Extended USELESS-USD	+0.0632%	1h	0.2706	−0.017%	$285K	$1.1M	5x	as long as short
BingX USELESS-USDT	+0.0888%	4h	0.2705	−0.070%	—	$5.2M	—	as long as short
Bybit USELESSUSDT	+0.0975%	4h	0.2703	−0.140%	$26.1M	$46.6M	13x	as long as short
Variational Omni USELESS	+0.0982%	4h	0.2712	+0.180%	$1.2M	$1.7M	—	as long as short
Aster USELESSUSDT	+0.1021%	4h	0.2703	−0.128%	$536K	$2.4M	10x	as long as short
BloFin USELESS-USDT	+0.1298%	4h	0.2707	+0.022%	$1.2M	$1.9M	12x	as long as short
Orderly PERP_USELESS_USDC	+0.1400%	4h	0.2712	+0.181%	$21K	$1.3M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2877	+6.273%	$5K	$9K	5.5x	as long as short