USELESS

Alert

Funding spread now, next payment 17:00 UTC+0.1100%/8h

paid, last 24h+0.212%paid, last 5 days+0.586%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica USELESS	0.2944	0.0100	pay 0.0013% / 1h	33m 49s	$29K	$103K	3x
Short	Aster USELESSUSDT	0.2941	0.1200	get 0.0600% / 4h	3h 33m	$699K	$1.4M	10x

Funding history

latest

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latest

Position, each leg$Hold fordaysFee PacificabpFee AsterbpOrdersRate

Slippage unknown: Pacifica: live order book, 10 min ago; Aster: live order book, 1 min ago. Net counts fees only.

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 Pacifica live order book, 10 min ago	35.87 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	3.40 bp	17.1 bp −$17	98.5 bp −$985	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	$18K	5.5x	as long as short
Lighter USELESS	+0.0096%	1h	$1.4M	$936K	3x	as long as short
Pacifica USELESSlong	+0.0100%	1h	$29K	$103K	3x
OKX USELESS-USDT-SWAP	+0.0100%	4h	$10.1M	$57.1M	10x	as long as short
Gate USELESS_USDT	+0.0100%	4h	$6.9M	$6.0M	50x	as long as short
KuCoin USELESSUSDTM	+0.0100%	4h	$5.4M	$7.1M	12x	as long as short
SunX USELESS-USDT	+0.0100%	4h	—	$1.3M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	$22K	$318K	20x	as long as short
Aevo USELESS-PERP	+0.0216%	1h	$11K	—	3x	as long as short
Bitget USELESSUSDT	+0.0224%	4h	$5.6M	$6.8M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni USELESS	+0.0485%	4h	$1.3M	$1.5M	—	as long as short
edgeX USELESSUSDC	+0.0508%	4h	$23K	$184K	10x	as long as short
MEXC USELESS_USDT	+0.0526%	4h	$18.7M	$4.6M	50x	as long as short
Binance USELESSUSDT	+0.0528%	4h	$25.2M	$88.3M	50x	as long as short
Extended USELESS-USD	+0.0528%	1h	$277K	$915K	5x	as long as short
ApeX Omni USELESSUSDT	+0.0586%	1h	$39K	$690K	25x	as long as short
Bybit USELESSUSDT	+0.0778%	4h	$29.1M	$36.1M	13x	as long as short
Phemex USELESSUSDT	+0.0792%	4h	$526K	$1.3M	20x	as long as short
Orderly PERP_USELESS_USDC	+0.0995%	4h	$22K	$1.4M	10x	as long as short
Hyperliquid USELESS	+0.1044%	1h	$13.9M	$14.2M	3x	as long as short
Polymarket Perps USELESS-USD	+0.1060%	1h	$35K	$114K	3x	as long as short
Aster USELESSUSDTshort	+0.1200%	4h	$699K	$1.4M	10x
BloFin USELESS-USDT	+0.1303%	4h	$1.2M	$1.7M	12x	as long as short
BingX USELESS-USDT	+0.1408%	4h	—	$4.1M	—	as long as short