USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Aevo against Lighter+0.067%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.067% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter USELESS	0.2836	0.0096	pay 0.0012% / 1h	31m 40s	$1.3M	$1.1M	3x
Short	Aevo USELESS-PERP	0.2838	0.0200	get 0.0025% / 1h	31m 40s	$10K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee AevobpOrdersPrice spread, now +0.067%Rate

Funding earned: $21.84
Price spread: +0.067% → 0.000%: $6.7
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: $12.54
Costs to cover: 0.160%
Break-even: 3.0 days

Slippage unknown: Lighter: live order book, 4 min ago; Aevo: no order-book sample. 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 Lighter live order book, 4 min ago	5.98 bp	24.5 bp −$25	61.2 bp −$612	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 USELESSlong	+0.0096%	1h	0.2836	long leg	$1.3M	$1.1M	3x
Pacifica USELESS	+0.0100%	1h	0.2838	+0.078%	$32K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2839	+0.123%	$10.0M	$66.6M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2850	+0.504%	$48K	$172K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2836	−0.014%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2842	+0.208%	$19K	$507K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2834	−0.081%	$597K	$1.2M	20x	as long as short
KuCoin USELESSUSDTM	+0.0176%	4h	0.2835	−0.028%	$5.2M	$10.1M	12x	as long as short
Aevo USELESS-PERPshort	+0.0200%	1h	0.2838	+0.067%	$10K	—	3x
Bitget USELESSUSDT	+0.0446%	4h	0.2838	+0.081%	$5.5M	$9.6M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance USELESSUSDT	+0.0464%	4h	0.2838	+0.072%	$24.0M	$116.3M	50x	as long as short
edgeX USELESSUSDC	+0.0469%	4h	0.2848	+0.423%	$21K	$193K	10x	as long as short
Extended USELESS-USD	+0.0472%	1h	0.2836	−0.009%	$300K	$1.2M	5x	as long as short
MEXC USELESS_USDT	+0.0472%	4h	0.2836	−0.014%	$10.7M	$5.9M	50x	as long as short
ApeX Omni USELESSUSDT	+0.0499%	1h	0.2854	+0.638%	$40K	$703K	25x	as long as short
Variational Omni USELESS	+0.1041%	4h	0.2843	+0.242%	$1.2M	$1.7M	—	as long as short
Aster USELESSUSDT	+0.1048%	4h	0.2838	+0.074%	$652K	$2.3M	10x	as long as short
Bybit USELESSUSDT	+0.1086%	4h	0.2839	+0.113%	$27.9M	$46.1M	13x	as long as short
Hyperliquid USELESS	+0.1159%	1h	0.2840	+0.148%	$14.3M	$21.0M	3x	as long as short
Orderly PERP_USELESS_USDC	+0.1269%	4h	0.2838	+0.078%	$22K	$1.4M	10x	as long as short
Gate USELESS_USDT	+0.1290%	4h	0.2836	−0.011%	$7.1M	$8.4M	50x	as long as short
BingX USELESS-USDT	+0.1326%	4h	0.2839	+0.120%	—	$5.1M	—	as long as short
BloFin USELESS-USDT	+0.1814%	4h	0.2854	+0.649%	$1.2M	$2.0M	12x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.3014	+6.287%	$5K	$9K	5.5x	as long as short