Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.069%
Price spread now: Phemex against HTX+0.255%7-day average +0.129% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.160%+$16 on $10k
+Price spread, last 3 days (all we have)−0.017%−$2 · spread now +0.255%, 7d avg +0.129%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.126% dearer against HTX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.129%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX USELESS-USDT | 0.2784 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $18K | $502K | 20x |
| Short | Phemex USELESSUSDT | 0.2792 | 0.0100 | get 0.0050% / 4h | 3h 55m | $585K | $1.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- Price spread: +0.255% → +0.129%
- $12.63
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$11.37
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 18 min ago; Phemex: live order book, 3 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, 18 min ago | 55.28 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 33.27 bp | 84.1 bp −$84 | 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 | 0.2794 | +0.327% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2797 | +0.436% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2800 | +0.546% | $9.8M | $66.0M | 10x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2797 | +0.460% | $7.0M | $8.2M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0100% | 1h | 0.2805 | +0.736% | $39K | $703K | 25x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2792 | +0.273% | $42K | $166K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2795 | +0.363% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDTlong | +0.0100% | 4h | 0.2784 | long leg | $18K | $502K | 20x | |
| Phemex USELESSUSDTshort | +0.0100% | 4h | 0.2792 | +0.255% | $585K | $1.2M | 20x | |
| KuCoin USELESSUSDTM | +0.0154% | 4h | 0.2789 | +0.147% | $5.1M | $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 | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2811 | +0.942% | $10K | — | 3x | as long as short |
| Bitget USELESSUSDT | +0.0292% | 4h | 0.2800 | +0.557% | $5.3M | $9.4M | 20x | as long as short |
| Bybit USELESSUSDT | +0.0367% | 4h | 0.2798 | +0.503% | $27.4M | $45.8M | 13x | as long as short |
| edgeX USELESSUSDC | +0.0463% | 4h | 0.2807 | +0.794% | $21K | $192K | 10x | as long as short |
| Binance USELESSUSDT | +0.0478% | 4h | 0.2798 | +0.502% | $23.6M | $116.1M | 50x | as long as short |
| Extended USELESS-USD | +0.0480% | 1h | 0.2791 | +0.227% | $293K | $834K | 5x | as long as short |
| MEXC USELESS_USDT | +0.0480% | 4h | 0.2797 | +0.435% | $10.4M | $5.9M | 50x | as long as short |
| Variational Omni USELESS | +0.1018% | 4h | 0.2808 | +0.861% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDT | +0.1033% | 4h | 0.2790 | +0.196% | $641K | $2.3M | 10x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1316% | 4h | 0.2793 | +0.305% | $22K | $1.4M | 10x | as long as short |
| Hyperliquid USELESS | +0.1362% | 1h | 0.2804 | +0.715% | $14.0M | $21.1M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1661% | 4h | 0.2799 | +0.514% | $1.2M | $2.0M | 12x | as long as short |
| BingX USELESS-USDT | +0.3242% | 4h | 0.2801 | +0.603% | — | $5.0M | — | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2972 | +6.734% | $5K | $9K | 5.5x | as long as short |
HTX USELESS-USDT
Phemex USELESSUSDT
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Gate USELESS_USDT
ApeX Omni USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
KuCoin USELESSUSDTM
Bitget USELESSUSDT
Bybit USELESSUSDT
edgeX USELESSUSDC
Binance USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
Variational Omni USELESS
Aster USELESSUSDT
Hyperliquid USELESS
BloFin USELESS-USDT
BingX USELESS-USDT
Injective USELESS/USDC PERP