USELESS

Alert

Funding spread now, next payment 18:00 UTC−0.0787%/8h

next payment, per $10,000−$0.98paid, last 24h−0.236%paid, last 7 days−0.703%to open and close $10k−$69

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid USELESS	0.2923	0.0883	pay 0.0110% / 1h	38m 27s	$14.1M	$15.0M	3x
Short	Lighter USELESS	0.2940	0.0096	get 0.0012% / 1h	38m 27s	$1.4M	$1.0M	3x

Funding history

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latest

Position, each leg$Hold fordaysFee HyperliquidbpFee LighterbpOrdersRate

Slippage from Hyperliquid: live order book, 6 min ago; Lighter: live order book, 4 min ago.

A gap far from its average can cost days of funding.

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 6 min ago	1.03 bp	19.7 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	5.72 bp	19.4 bp −$19	86.6 bp −$866	doesn't fit	doesn't fit

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective USELESS/USDC PERP	−0.5000%	1h	$3K	$16K	5.5x	as long as short
Lighter USELESSshort	+0.0096%	1h	$1.4M	$1.0M	3x
Pacifica USELESS	+0.0100%	1h	$29K	$83K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	$10.0M	$58.1M	10x	as long as short
Gate USELESS_USDT	+0.0100%	4h	$6.9M	$6.3M	50x	as long as short
KuCoin USELESSUSDTM	+0.0100%	4h	$5.3M	$7.6M	12x	as long as short
Bitget USELESSUSDT	+0.0100%	4h	$5.5M	$6.9M	20x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	$35K	$695K	25x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	$28K	$112K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	—	$1.3M	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
HTX USELESS-USDT	+0.0100%	4h	$21K	$330K	20x	as long as short
Bybit USELESSUSDT	+0.0154%	4h	$28.7M	$36.8M	13x	as long as short
Aevo USELESS-PERP	+0.0184%	1h	$10K	—	3x	as long as short
Variational Omni USELESS	+0.0353%	4h	$1.2M	$1.5M	—	as long as short
BingX USELESS-USDT	+0.0422%	4h	—	$4.4M	—	as long as short
MEXC USELESS_USDT	+0.0424%	4h	$19.0M	$4.8M	50x	as long as short
Binance USELESSUSDT	+0.0429%	4h	$24.7M	$91.4M	50x	as long as short
Extended USELESS-USD	+0.0432%	1h	$272K	$912K	5x	as long as short
edgeX USELESSUSDC	+0.0436%	4h	$22K	$185K	10x	as long as short
BloFin USELESS-USDT	+0.0453%	4h	$1.2M	$1.7M	12x	as long as short
Phemex USELESSUSDT	+0.0810%	4h	$537K	$1.3M	20x	as long as short
Hyperliquid USELESSlong	+0.0883%	1h	$14.1M	$15.0M	3x
Orderly PERP_USELESS_USDC	+0.0962%	4h	$22K	$1.4M	10x	as long as short
Aster USELESSUSDT	+0.1007%	4h	$684K	$1.6M	10x	as long as short