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

USELESS

all USELESS markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0653%/8h
paid, last 24h−0.212%paid, last 7 days−0.759%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid USELESS0.27570.0753pay 0.0094% / 1h54m 26s$11.9M$13.0M3x
ShortHTX USELESS-USDT0.27450.0100get 0.0050% / 4h54m 26s$20K$300K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$137.09
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$158.09
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; HTX: live order book, 59 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.439%
Avg gap 7d
−0.184%
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 Hyperliquid live order book, 10 min ago2.88 bp12.6 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 59 min ago44.66 bpdoesn't fitdoesn'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$18K5.5xas long as short
Polymarket Perps USELESS-USD−0.2002%1h$53K$167K3xas long as short
ApeX Omni USELESSUSDT−0.0044%1h$41K$679K25xas long as short
Lighter USELESS+0.0096%1h$1.3M$773K3xas long as short
Pacifica USELESS+0.0100%1h$27K$103K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.3M$50.5M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.4M$5.5M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$4.9M$6.5M12xas long as short
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDTshort+0.0100%4h$20K$300K20x
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$499K$1.4M20xas long as short
Aevo USELESS-PERP+0.0184%1h$10K3xas long as short
Bitget USELESSUSDT+0.0226%4h$5.3M$6.1M20xas long as short
MEXC USELESS_USDT+0.0422%4h$16.7M$4.2M50xas long as short
Binance USELESSUSDT+0.0423%4h$23.2M$82.5M50xas long as short
Extended USELESS-USD+0.0424%1h$259K$915K5xas long as short
edgeX USELESSUSDC+0.0424%4h$21K$182K10xas long as short
Bybit USELESSUSDT+0.0450%4h$26.6M$33.1M13xas long as short
BingX USELESS-USDT+0.0472%4h$3.9Mas long as short
Variational Omni USELESS+0.0600%4h$1.2M$1.5Mas long as short
BloFin USELESS-USDT+0.0722%4h$1.1M$1.6M12xas long as short
Hyperliquid USELESSlong+0.0753%1h$11.9M$13.0M3x
Aster USELESSUSDT+0.0879%4h$600K$1.2M10xas long as short
Orderly PERP_USELESS_USDC+0.1086%4h$18K$1.4M10xas long as short