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

USELESS

all USELESS markets
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Funding spread now, next payment 15:00 UTC+0.0134%/8h
paid, last 24h+0.085%paid, last 5 days+0.252%to open and close $10k−$147
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica USELESS0.27510.0100pay 0.0013% / 1h7m 02s$27K$103K3x
ShortBitget USELESSUSDT0.27580.0234get 0.0117% / 4h1h 07m$5.3M$6.1M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$28.14
Slippage, 4 orders
−$127.34
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$119.2
Break-even
36.7 days
Slippage from Pacifica: live order book, 47 min ago; Bitget: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.246%
Avg gap 7d
+0.027%
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 Pacifica live order book, 47 min ago22.68 bp57.5 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago3.10 bp28.1 bp −$28doesn'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$25K5.5xas long as short
Lighter USELESS+0.0096%1h$1.3M$845K3xas long as short
Pacifica USELESSlong+0.0100%1h$27K$103K3x
OKX USELESS-USDT-SWAP+0.0100%4h$9.3M$50.5M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.4M$5.5M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.0M$6.4M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$41K$680K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$53K$174K3xas long as short
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$297K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$499K$1.4M20xas long as short
Aevo USELESS-PERP+0.0192%1h$10K3xas long as short
Bitget USELESSUSDTshort+0.0234%4h$5.3M$6.1M20x
Hyperliquid USELESS+0.0345%1h$11.9M$13.1M3xas long as short
edgeX USELESSUSDC+0.0424%4h$21K$183K10xas long as short
MEXC USELESS_USDT+0.0442%4h$16.5M$4.2M50xas long as short
Binance USELESSUSDT+0.0445%4h$23.2M$82.3M50xas long as short
Extended USELESS-USD+0.0448%1h$259K$915K5xas long as short
BingX USELESS-USDT+0.0472%4h$3.8Mas long as short
Bybit USELESSUSDT+0.0493%4h$26.5M$32.9M13xas long as short
Variational Omni USELESS+0.0665%4h$1.1M$1.5Mas long as short
BloFin USELESS-USDT+0.0733%4h$1.1M$1.6M12xas long as short
Aster USELESSUSDT+0.0882%4h$586K$1.2M10xas long as short
Orderly PERP_USELESS_USDC+0.1108%4h$18K$1.4M10xas long as short