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 24h−0.037%paid, last 7 days−0.287%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin USELESSUSDTM0.28930.0100pay 0.0050% / 4h2h 52m$5.2M$7.5M12x
ShortPolymarket Perps USELESS-USD0.28930.0100get 0.0013% / 1h52m 46s$29K$111K3x

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 KuCoin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$20
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 2 min ago; Polymarket Perps: live order book, 57 min ago. Net counts fees only.

Price risk

price view
Price gap now
0.000%
Avg gap 7d
+0.076%
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 KuCoin live order book, 2 min ago2.06 bp41.7 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 57 min ago0.18 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$16K5.5xas long as short
Lighter USELESS+0.0096%1h$1.3M$1.0M3xas long as short
Pacifica USELESS+0.0100%1h$29K$93K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.9M$57.6M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.8M$6.2M50xas long as short
KuCoin USELESSUSDTMlong+0.0100%4h$5.2M$7.5M12x
Polymarket Perps USELESS-USDshort+0.0100%1h$29K$111K3x
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$328K20xas long as short
Phemex USELESSUSDT+0.0100%4h$527K$1.3M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget USELESSUSDT+0.0102%4h$5.5M$6.8M20xas long as short
Aevo USELESS-PERP+0.0192%1h$10K3xas long as short
Bybit USELESSUSDT+0.0196%4h$28.5M$36.6M13xas long as short
Variational Omni USELESS+0.0400%4h$1.2M$1.5Mas long as short
BingX USELESS-USDT+0.0422%4h$4.3Mas long as short
edgeX USELESSUSDC+0.0423%4h$22K$184K10xas long as short
Binance USELESSUSDT+0.0442%4h$24.6M$90.7M50xas long as short
Extended USELESS-USD+0.0448%1h$270K$912K5xas long as short
MEXC USELESS_USDT+0.0448%4h$18.7M$4.7M50xas long as short
ApeX Omni USELESSUSDT+0.0457%1h$36K$695K25xas long as short
BloFin USELESS-USDT+0.0473%4h$1.2M$1.7M12xas long as short
Orderly PERP_USELESS_USDC+0.0958%4h$22K$1.4M10xas long as short
Hyperliquid USELESS+0.0980%1h$14.0M$14.8M3xas long as short
Aster USELESSUSDT+0.1056%4h$702K$1.6M10xas long as short