USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0271%/8h= +29.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.041%

Price spread now: ApeX Omni against Pacifica+1.989%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.159%+$16 on $10k

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

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and ApeX Omni is 1.989% dearer against Pacifica than usual: you sell high and buy low: +$199 more if the spread goes back to zero (this spread has no 7-day history yet).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.159% in total (about 8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica USELESS	0.2861	0.0100	pay 0.0013% / 1h	10m 56s	$32K	$70K	3x
Short	ApeX Omni USELESSUSDT	0.2918	0.0371	get 0.0046% / 1h	10m 56s	$41K	$700K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Pacifica. 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 PacificabpFee ApeX OmnibpOrdersPrice spread, now +1.989%Rate

Funding earned: $56.97
Price spread: +1.989% → 0.000%: $198.95
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $237.91
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Pacifica: no order-book sample; ApeX Omni: live order book, 13 min ago. 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 Pacifica no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 13 min ago	10.22 bp	18.3 bp −$18	105.8 bp −$1,058	doesn't fit	doesn't fit

Pacifica: 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	0.2860	−0.027%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESSlong	+0.0100%	1h	0.2861	long leg	$32K	$70K	3x
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2864	+0.106%	$10.2M	$64.4M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2858	−0.104%	$28K	$138K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2862	+0.025%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2846	−0.531%	$20K	$385K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2853	−0.268%	$571K	$1.2M	20x	as long as short
KuCoin USELESSUSDTM	+0.0232%	4h	0.2860	−0.052%	$5.3M	$9.7M	12x	as long as short
Aevo USELESS-PERP	+0.0240%	1h	0.2857	−0.147%	$10K	—	3x	as long as short
ApeX Omni USELESSUSDTshort	+0.0371%	1h	0.2918	+1.989%	$41K	$700K	25x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate USELESS_USDT	+0.0376%	4h	0.2858	−0.122%	$7.1M	$7.8M	50x	as long as short
Bitget USELESSUSDT	+0.0528%	4h	0.2865	+0.137%	$5.5M	$8.8M	20x	as long as short
Binance USELESSUSDT	+0.0615%	4h	0.2865	+0.151%	$24.6M	$110.4M	50x	as long as short
Extended USELESS-USD	+0.0616%	1h	0.2865	+0.142%	$301K	$968K	5x	as long as short
MEXC USELESS_USDT	+0.0624%	4h	0.2864	+0.109%	$10.1M	$5.9M	50x	as long as short
edgeX USELESSUSDC	+0.0650%	4h	0.2925	+2.227%	$22K	$191K	10x	as long as short
BingX USELESS-USDT	+0.1166%	4h	0.2865	+0.127%	—	$4.9M	—	as long as short
Bybit USELESSUSDT	+0.1174%	4h	0.2865	+0.147%	$29.0M	$43.0M	13x	as long as short
Orderly PERP_USELESS_USDC	+0.1183%	4h	0.2858	−0.122%	$22K	$1.4M	10x	as long as short
Aster USELESSUSDT	+0.1298%	4h	0.2861	−0.013%	$661K	$2.2M	10x	as long as short
Variational Omni USELESS	+0.1330%	4h	0.2930	+2.392%	$1.2M	$1.7M	—	as long as short
BloFin USELESS-USDT	+0.1530%	4h	0.2859	−0.055%	$1.2M	$1.9M	12x	as long as short
Hyperliquid USELESS	+0.1559%	1h	0.2866	+0.182%	$14.7M	$19.7M	3x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.3027	+5.803%	$5K	$10K	5.5x	as long as short