Funding you earn now, next payment 12:00 UTC+0.0751%/8h= +82.3% APRpaid last 24h +0.105%
Price spread now: edgeX against Pacifica+0.859%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.317%+$32 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropPacifica: Active · edgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and edgeX is 0.859% dearer against Pacifica than usual: you sell high and buy low: +$86 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.317% in total (about 16.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica USELESS | 0.3066 | 0.0100 | pay 0.0013% / 1h | 50m 37s | $33K | $18K | 3x |
| Short | edgeX USELESSUSDC | 0.3092 | 0.0851 | get 0.0426% / 4h | 50m 37s | $23K | $200K | 10x |
Pacifica USELESS
edgeX USELESSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $157.76
- Price spread: +0.859% → 0.000%
- $85.89
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $226.64
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Pacifica: no order-book sample; edgeX: live order book, 54 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 edgeX live order book, 54 min ago | 1.00 bp | 128.9 bp −$129 | doesn't fit | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Pacifica USELESSlong | +0.0100% | 1h | 0.3066 | long leg | $33K | $18K | 3x | |
| SunX USELESS-USDT | +0.0100% | 4h | 0.3051 | −0.488% | — | $1.3M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.3039 | −0.873% | $39K | $533K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.3044 | −0.707% | $721K | $1.3M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0181% | 1h | 0.3058 | −0.253% | $29K | $295K | 3x | as long as short |
| Lighter USELESS | +0.0232% | 1h | 0.3064 | −0.074% | $1.4M | $1.1M | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0282% | 4h | 0.3072 | +0.200% | $11.8M | $75.8M | 10x | as long as short |
| Aevo USELESS-PERP | +0.0304% | 1h | 0.3052 | −0.467% | $11K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0510% | 4h | 0.3062 | −0.126% | $5.8M | $10.2M | 10x | as long as short |
| Bitget USELESSUSDT | +0.0550% | 4h | 0.3074 | +0.272% | $6.1M | $11.2M | 20x | as long as short |
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Polymarket Perps USELESS-USD
Lighter USELESS
OKX USELESS-USDT-SWAP
Aevo USELESS-PERP
KuCoin USELESSUSDTM
Bitget USELESSUSDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0836% | 4h | 0.3062 | −0.139% | $7.7M | $8.6M | 50x | as long as short |
| edgeX USELESSUSDCshort | +0.0851% | 4h | 0.3092 | +0.859% | $23K | $200K | 10x | |
| Aster USELESSUSDT | +0.0880% | 4h | 0.3071 | +0.145% | $664K | $2.4M | 10x | as long as short |
| Extended USELESS-USD | +0.0896% | 1h | 0.3071 | +0.150% | $305K | $1.9M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0898% | 4h | 0.3069 | +0.086% | $18.0M | $7.2M | 50x | as long as short |
| Binance USELESSUSDT | +0.0907% | 4h | 0.3076 | +0.337% | $27.1M | $133.1M | 50x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1429% | 4h | 0.3051 | −0.492% | $25K | $1.8M | 10x | as long as short |
| ApeX Omni USELESSUSDT | +0.1446% | 1h | 0.3089 | +0.748% | $58K | $700K | 25x | as long as short |
| BingX USELESS-USDT | +0.1528% | 4h | 0.3076 | +0.321% | — | $5.8M | — | as long as short |
| Variational Omni USELESS | +0.1609% | 4h | 0.3065 | −0.030% | $1.3M | $1.9M | — | as long as short |
| Bybit USELESSUSDT | +0.1698% | 4h | 0.3074 | +0.262% | $31.1M | $52.8M | 13x | as long as short |
| Hyperliquid USELESS | +0.1738% | 1h | 0.3069 | +0.110% | $14.6M | $21.5M | 3x | as long as short |
| BloFin USELESS-USDT | +0.2121% | 4h | 0.3049 | −0.540% | $1.4M | $2.5M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3264 | +6.462% | $6K | $10K | 5.5x | as long as short |
Gate USELESS_USDT
Aster USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
Binance USELESSUSDT
Orderly PERP_USELESS_USDC
ApeX Omni USELESSUSDT
BingX USELESS-USDT
Variational Omni USELESS
Bybit USELESSUSDT
Hyperliquid USELESS
BloFin USELESS-USDT
Injective USELESS/USDC PERP