data as of
Settings8H · net · $10k
Funding arb /

USELESS

all USELESS markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 5 days−0.140%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX USELESS-USDT0.28940.0100pay 0.0050% / 4h2h 39m$21K$330K20x
ShortPacifica USELESS0.28960.0100get 0.0013% / 1h39m 10s$29K$83K3x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$20
Break-even
never at this rate
Slippage unknown: HTX: live order book, 64 min ago; Pacifica: live order book, 65 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.048%
Avg gap 7d
+0.066%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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, 64 min ago48.91 bp586.2 bp −$586doesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 65 min ago35.87 bp55.9 bp −$56doesn't fitdoesn't fitdoesn't fit

USELESS on 24 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective USELESS/USDC PERP−0.5000%1h$3K$16K5.5xas long as short
Lighter USELESS+0.0096%1h$1.3M$1.0M3xas long as short
Pacifica USELESSshort+0.0100%1h$29K$83K3x
OKX USELESS-USDT-SWAP+0.0100%4h$9.9M$57.7M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.8M$6.2M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.2M$7.6M12xas long as short
Bitget USELESSUSDT+0.0100%4h$5.5M$6.9M20xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$35K$695K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$28K$112K3xas long as short
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
HTX USELESS-USDTlong+0.0100%4h$21K$330K20x
Bybit USELESSUSDT+0.0183%4h$28.5M$36.5M13xas long as short
Aevo USELESS-PERP+0.0184%1h$10K3xas long as short
Variational Omni USELESS+0.0353%4h$1.2M$1.5Mas long as short
BingX USELESS-USDT+0.0422%4h$4.4Mas long as short
Extended USELESS-USD+0.0424%1h$270K$912K5xas long as short
MEXC USELESS_USDT+0.0424%4h$18.9M$4.8M50xas long as short
Binance USELESSUSDT+0.0426%4h$24.6M$91.0M50xas long as short
edgeX USELESSUSDC+0.0436%4h$22K$185K10xas long as short
BloFin USELESS-USDT+0.0453%4h$1.2M$1.7M12xas long as short
Phemex USELESSUSDT+0.0810%4h$537K$1.3M20xas long as short
Hyperliquid USELESS+0.0919%1h$14.0M$14.9M3xas long as short
Orderly PERP_USELESS_USDC+0.0965%4h$22K$1.4M10xas long as short
Aster USELESSUSDT+0.0999%4h$677K$1.6M10xas long as short