USELESS

Alert

Funding spread now, next payment 16:00 UTC+0.0009%/8h

next payment, per $10,000+$0.04paid, last 24h−0.003%paid, last 7 days−0.009%to open and close $10k−$216

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC USELESS_USDT	0.2778	0.0550	pay 0.0275% / 4h	2h 31m	$16.5M	$4.1M	50x
Short	edgeX USELESSUSDC	0.2788	0.0559	get 0.0279% / 4h	2h 31m	$21K	$183K	10x

Funding history

latest

Range statsloading…

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latest

Position, each leg$Hold fordaysFee MEXCbpFee edgeXbpOrdersRate

Slippage from MEXC: live order book, 4 min ago; edgeX: live order book, 27 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 MEXC live order book, 4 min ago	0.18 bp	7.0 bp −$7	45.5 bp −$455	140.3 bp −$14.0K	doesn't fit
Sell edgeX live order book, 27 min ago	1.07 bp	170.5 bp −$170	doesn't fit	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	$25K	5.5x	as long as short
Lighter USELESS	+0.0096%	1h	$1.3M	$822K	3x	as long as short
Pacifica USELESS	+0.0100%	1h	$26K	$101K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	$9.5M	$49.1M	10x	as long as short
Gate USELESS_USDT	+0.0100%	4h	$6.4M	$5.1M	50x	as long as short
KuCoin USELESSUSDTM	+0.0100%	4h	$5.0M	$5.7M	12x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	$42K	$674K	25x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	$54K	$201K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	—	$1.2M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	$20K	$276K	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex USELESSUSDT	+0.0100%	4h	$492K	$1.3M	20x	as long as short
Hyperliquid USELESS	+0.0211%	1h	$12.3M	$12.6M	3x	as long as short
Aevo USELESS-PERP	+0.0216%	1h	$10K	—	3x	as long as short
Bitget USELESSUSDT	+0.0226%	4h	$5.3M	$5.8M	20x	as long as short
Extended USELESS-USD	+0.0536%	1h	$261K	$911K	5x	as long as short
Binance USELESSUSDT	+0.0539%	4h	$23.7M	$78.6M	50x	as long as short
MEXC USELESS_USDTlong	+0.0550%	4h	$16.5M	$4.1M	50x
edgeX USELESSUSDCshort	+0.0559%	4h	$21K	$183K	10x
Variational Omni USELESS	+0.0839%	4h	$1.2M	$1.3M	—	as long as short
Aster USELESSUSDT	+0.0888%	4h	$575K	$1.1M	10x	as long as short
BingX USELESS-USDT	+0.0896%	4h	—	$3.7M	—	as long as short
Bybit USELESSUSDT	+0.0943%	4h	$27.2M	$31.0M	13x	as long as short
Orderly PERP_USELESS_USDC	+0.1114%	4h	$18K	$1.4M	10x	as long as short
BloFin USELESS-USDT	+0.1193%	4h	$1.2M	$1.5M	12x	as long as short