data as of
Settings8H · net · $10k
Funding arb /

USELESS

all USELESS markets
SwapPrice view
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Funding spread now, next payment 17:00 UTC0.0000%/8h
paid, last 24h−0.030%paid, last 5 days−0.171%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX USELESS-USDT-SWAP0.28400.0100pay 0.0050% / 4h3h 23m$9.7M$55.8M10x
ShortPacifica USELESS0.28480.0100get 0.0013% / 1h23m 00s$28K$104K3x

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 OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$18
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Pacifica: live order book, 21 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.271%
Avg gap 7d
+0.008%
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 OKX live order book, 2 min ago1.24 bp18.7 bp −$1984.4 bp −$844doesn't fitdoesn't fit
Sell Pacifica live order book, 21 min ago35.87 bp55.9 bp −$56doesn'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$18K5.5xas long as short
Lighter USELESS+0.0096%1h$1.3M$981K3xas long as short
Pacifica USELESSshort+0.0100%1h$28K$104K3x
OKX USELESS-USDT-SWAPlong+0.0100%4h$9.7M$55.8M10x
Gate USELESS_USDT+0.0100%4h$6.6M$6.1M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.2M$7.3M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$37K$690K25xas long as short
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$321K20xas long as short
Phemex USELESSUSDT+0.0100%4h$507K$1.3M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget USELESSUSDT+0.0194%4h$5.4M$6.8M20xas long as short
Aevo USELESS-PERP+0.0200%1h$10K3xas long as short
Variational Omni USELESS+0.0467%4h$1.2M$1.5Mas long as short
Extended USELESS-USD+0.0480%1h$265K$917K5xas long as short
MEXC USELESS_USDT+0.0482%4h$18.0M$4.7M50xas long as short
Binance USELESSUSDT+0.0483%4h$24.1M$89.4M50xas long as short
edgeX USELESSUSDC+0.0490%4h$22K$184K10xas long as short
BingX USELESS-USDT+0.0662%4h$4.3Mas long as short
Polymarket Perps USELESS-USD+0.0789%1h$33K$109K3xas long as short
Bybit USELESSUSDT+0.0843%4h$27.9M$36.5M13xas long as short
Orderly PERP_USELESS_USDC+0.0963%4h$22K$1.4M10xas long as short
Hyperliquid USELESS+0.1004%1h$13.5M$14.3M3xas long as short
BloFin USELESS-USDT+0.1035%4h$1.2M$1.7M12xas long as short
Aster USELESSUSDT+0.1087%4h$644K$1.4M10xas long as short