Funding you earn now, next payment 05:00 UTC−0.0176%/8h= −19.3% APRpaid last 24h −0.082%
Price spread now: Aevo against MEXC−0.091%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aevo is 0.091% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USELESS_USDT | 0.2623 | 0.0344 | pay 0.0172% / 4h | 3h 23m | $10.6M | $6.0M | 50x |
| Short | Aevo USELESS-PERP | 0.2621 | 0.0168 | get 0.0021% / 1h | 23m 52s | $9K | — | 3x |
MEXC USELESS_USDT
Aevo USELESS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against MEXC. 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
- −$36.96
- Price spread: −0.091% → 0.000%
- −$9.07
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$70.03
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: MEXC: 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 MEXC live order book, 4 min ago | 0.19 bp | 7.7 bp −$8 | 38.5 bp −$385 | 124.0 bp −$12.4K | 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 USELESS | +0.0096% | 1h | 0.2621 | −0.099% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2617 | −0.255% | $28K | $18K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2621 | −0.072% | $25K | $235K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2621 | −0.103% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2617 | −0.259% | $18K | $519K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2621 | −0.084% | $603K | $1.1M | 20x | as long as short |
| Aevo USELESS-PERPshort | +0.0168% | 1h | 0.2621 | −0.091% | $9K | — | 3x | |
| Bitget USELESSUSDT | +0.0182% | 4h | 0.2619 | −0.160% | $5.0M | $10.3M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0196% | 4h | 0.2620 | −0.149% | $4.7M | $10.7M | 12x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0199% | 4h | 0.2620 | −0.126% | $8.9M | $63.3M | 10x | as long as short |
Lighter USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Bitget USELESSUSDT
KuCoin USELESSUSDTM
OKX USELESS-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster USELESSUSDT | +0.0207% | 4h | 0.2617 | −0.237% | $517K | $2.4M | 10x | as long as short |
| ApeX Omni USELESSUSDT | +0.0216% | 1h | 0.2619 | −0.168% | $36K | $695K | 25x | as long as short |
| Gate USELESS_USDT | +0.0236% | 4h | 0.2617 | −0.255% | $6.5M | $8.6M | 50x | as long as short |
| Extended USELESS-USD | +0.0336% | 1h | 0.2622 | −0.040% | $112K | $1.1M | 5x | as long as short |
| Binance USELESSUSDT | +0.0337% | 4h | 0.2621 | −0.099% | $21.9M | $121.7M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0337% | 4h | 0.2617 | −0.241% | $19K | $196K | 10x | as long as short |
| MEXC USELESS_USDTlong | +0.0344% | 4h | 0.2623 | long leg | $10.6M | $6.0M | 50x | |
| Hyperliquid USELESS | +0.0405% | 1h | 0.2620 | −0.114% | $11.5M | $22.6M | 3x | as long as short |
| Variational Omni USELESS | +0.0610% | 4h | 0.2613 | −0.415% | $1.0M | $1.8M | — | as long as short |
| Bybit USELESSUSDT | +0.0845% | 4h | 0.2620 | −0.122% | $24.7M | $48.4M | 13x | as long as short |
| BingX USELESS-USDT | +0.0936% | 4h | 0.2621 | −0.107% | — | $5.3M | — | as long as short |
| BloFin USELESS-USDT | +0.1148% | 4h | 0.2617 | −0.229% | $1.1M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1291% | 4h | 0.2621 | −0.091% | $19K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2768 | +5.527% | $5K | $11K | 5.5x | as long as short |
Aster USELESSUSDT
ApeX Omni USELESSUSDT
Gate USELESS_USDT
Extended USELESS-USD
Binance USELESSUSDT
edgeX USELESSUSDC
Hyperliquid USELESS
Variational Omni USELESS
Bybit USELESSUSDT
BingX USELESS-USDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP