Funding you earn now, next payment 04:00 UTC+0.0546%/8h= +59.8% APRpaid last 24h +0.153%
Price spread now: BingX against Pacifica−0.263%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.380%+$38 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. BingX is 0.263% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.263% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 39 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.380% in total) that is about 4.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.380% in total (about 19.8% a year). A funding rate is set anew for every payment. 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 | 0.2549 | 0.0100 | pay 0.0013% / 1h | 46m 59s | $28K | $70K | 3x |
| Short | BingX USELESS-USDT | 0.2542 | 0.0646 | get 0.0323% / 4h | 46m 59s | — | $5.3M | — |
Pacifica USELESS
BingX USELESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Pacifica. 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
- $114.66
- Price spread: −0.263% → 0.000%
- −$26.29
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $70.37
- Costs to cover
- 0.180%
- Break-even
- 2.7 days
Slippage unknown: Pacifica: no order-book sample; BingX: live order book, 3 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 BingX live order book, 3 min ago | 5.12 bp | 21.8 bp −$22 | 58.9 bp −$589 | 316.8 bp −$31.7K | 933.8 bp −$466.9K |
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 | 0.2536 | −0.494% | $1.1M | $1.2M | 3x | as long as short |
| Hyperliquid USELESS | +0.0100% | 1h | 0.2540 | −0.314% | $11.5M | $22.7M | 3x | as long as short |
| Pacifica USELESSlong | +0.0100% | 1h | 0.2549 | long leg | $28K | $70K | 3x | |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2542 | −0.239% | $6.4M | $8.6M | 50x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2551 | +0.102% | $35K | $219K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2540 | −0.349% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2548 | −0.016% | $17K | $518K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2538 | −0.416% | $559K | $1.1M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0153% | 1h | 0.2540 | −0.334% | $32K | $699K | 25x | as long as short |
| Aevo USELESS-PERP | +0.0208% | 1h | 0.2543 | −0.200% | $9K | — | 3x | as long as short |
Lighter USELESS
Hyperliquid USELESS
Gate USELESS_USDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDT
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX USELESS-USDT-SWAP | +0.0217% | 4h | 0.2534 | −0.569% | $8.8M | $62.3M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0236% | 4h | 0.2544 | −0.177% | $4.6M | $10.6M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0432% | 4h | 0.2532 | −0.640% | $4.9M | $10.4M | 20x | as long as short |
| MEXC USELESS_USDT | +0.0516% | 4h | 0.2540 | −0.322% | $10.2M | $6.2M | 50x | as long as short |
| Binance USELESSUSDT | +0.0516% | 4h | 0.2540 | −0.351% | $21.2M | $123.1M | 50x | as long as short |
| Extended USELESS-USD | +0.0520% | 1h | 0.2543 | −0.207% | $112K | $1.2M | 5x | as long as short |
| edgeX USELESSUSDC | +0.0528% | 4h | 0.2544 | −0.184% | $19K | $196K | 10x | as long as short |
| Aster USELESSUSDT | +0.0631% | 4h | 0.2543 | −0.226% | $503K | $2.4M | 10x | as long as short |
| BingX USELESS-USDTshort | +0.0646% | 4h | 0.2542 | −0.263% | — | $5.3M | — | |
| Bybit USELESSUSDT | +0.0669% | 4h | 0.2533 | −0.608% | $24.3M | $48.7M | 13x | as long as short |
| Variational Omni USELESS | +0.0842% | 4h | 0.2544 | −0.190% | $1.0M | $1.8M | — | as long as short |
| BloFin USELESS-USDT | +0.0903% | 4h | 0.2539 | −0.381% | $1.1M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1325% | 4h | 0.2541 | −0.279% | $19K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2703 | +6.074% | $5K | $11K | 5.5x | as long as short |
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTM
Bitget USELESSUSDT
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
edgeX USELESSUSDC
Aster USELESSUSDT
Bybit USELESSUSDT
Variational Omni USELESS
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP