Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.037%
Price spread now: Phemex against HTX−0.044%7-day average +0.111% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.160%+$16 on $10k
+Price spread, last 4 days (all we have)+0.281%+$28 · spread now −0.044%, 7d avg +0.111%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.155% cheaper against HTX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX USELESS-USDT | 0.2746 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $19K | $517K | 20x |
| Short | Phemex USELESSUSDT | 0.2745 | 0.0100 | get 0.0050% / 4h | 1h 55m | $639K | $1.2M | 20x |
HTX USELESS-USDT
Phemex USELESSUSDTFunding 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: −0.044% → +0.111%
- −$15.5
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$39.5
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 53 min ago; Phemex: live order book, 2 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, 53 min ago | 43.33 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 18.17 bp | 56.3 bp −$56 | 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 | 0.2748 | +0.095% | $1.3M | $1.2M | 3x | as long as short |
| Aster USELESSUSDT | +0.0100% | 4h | 0.2747 | +0.029% | $538K | $2.1M | 10x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2751 | +0.192% | $29K | $19K | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0100% | 4h | 0.2748 | +0.073% | $5.0M | $10.6M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0100% | 4h | 0.2748 | +0.066% | $5.3M | $10.4M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2748 | +0.066% | $26K | $257K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2753 | +0.259% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDTlong | +0.0100% | 4h | 0.2746 | long leg | $19K | $517K | 20x | |
| Phemex USELESSUSDTshort | +0.0100% | 4h | 0.2745 | −0.044% | $639K | $1.2M | 20x | |
| Aevo USELESS-PERP | +0.0136% | 1h | 0.2749 | +0.116% | $10K | — | 3x | as long as short |
Lighter USELESS
Aster USELESSUSDT
Pacifica USELESS
KuCoin USELESSUSDTM
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX USELESS-USDT-SWAP | +0.0148% | 4h | 0.2751 | +0.193% | $9.5M | $67.9M | 10x | as long as short |
| edgeX USELESSUSDC | +0.0221% | 4h | 0.2762 | +0.573% | $21K | $195K | 10x | as long as short |
| Binance USELESSUSDT | +0.0223% | 4h | 0.2750 | +0.153% | $22.8M | $123.2M | 50x | as long as short |
| MEXC USELESS_USDT | +0.0228% | 4h | 0.2749 | +0.098% | $11.2M | $6.0M | 50x | as long as short |
| Extended USELESS-USD | +0.0232% | 1h | 0.2752 | +0.220% | $136K | $1.2M | 5x | as long as short |
| Gate USELESS_USDT | +0.0274% | 4h | 0.2745 | −0.022% | $6.9M | $8.6M | 50x | as long as short |
| Hyperliquid USELESS | +0.0291% | 1h | 0.2750 | +0.138% | $11.9M | $23.3M | 3x | as long as short |
| BingX USELESS-USDT | +0.0384% | 4h | 0.2750 | +0.131% | — | $5.3M | — | as long as short |
| Bybit USELESSUSDT | +0.0393% | 4h | 0.2748 | +0.095% | $25.8M | $48.7M | 13x | as long as short |
| Variational Omni USELESS | +0.0452% | 4h | 0.2748 | +0.068% | $1.0M | $1.8M | — | as long as short |
| ApeX Omni USELESSUSDT | +0.0571% | 1h | 0.2759 | +0.477% | $49K | $700K | 25x | as long as short |
| BloFin USELESS-USDT | +0.0654% | 4h | 0.2757 | +0.415% | $1.2M | $2.1M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1066% | 4h | 0.2752 | +0.222% | $21K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2924 | +6.504% | $5K | $11K | 5.5x | as long as short |
OKX USELESS-USDT-SWAP
edgeX USELESSUSDC
Binance USELESSUSDT
MEXC USELESS_USDT
Extended USELESS-USD
Gate USELESS_USDT
Hyperliquid USELESS
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
ApeX Omni USELESSUSDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP