USELESS

Alert

Funding spread now, next payment 17:00 UTC+0.0404%/8h

next payment, per $10,000+$0.51paid, last 24h+0.114%paid, last 5 days+0.335%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica USELESS	0.2869	0.0100	pay 0.0013% / 1h	27m 56s	$29K	$104K	3x
Short	Extended USELESS-USD	0.2867	0.0504	get 0.0063% / 1h	27m 56s	$268K	$917K	5x

Funding history

latest

Range statsloading…

click an exchange to add or hide it

latest

Position, each leg$Hold fordaysFee PacificabpFee ExtendedbpOrdersRate

Slippage unknown: Pacifica: live order book, 16 min ago; Extended: live order book, 17 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, 16 min ago	35.87 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 17 min ago	61.16 bp	82.3 bp −$82	doesn't fit	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	$1.3M	$950K	3x	as long as short
Pacifica USELESSlong	+0.0100%	1h	$29K	$104K	3x
OKX USELESS-USDT-SWAP	+0.0100%	4h	$9.8M	$56.0M	10x	as long as short
Gate USELESS_USDT	+0.0100%	4h	$6.7M	$6.1M	50x	as long as short
KuCoin USELESSUSDTM	+0.0100%	4h	$5.2M	$7.2M	12x	as long as short
SunX USELESS-USDT	+0.0100%	4h	—	$1.3M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	$21K	$320K	20x	as long as short
Aevo USELESS-PERP	+0.0208%	1h	$10K	—	3x	as long as short
Bitget USELESSUSDT	+0.0210%	4h	$5.4M	$6.7M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni USELESSUSDT	+0.0217%	1h	$38K	$690K	25x	as long as short
Phemex USELESSUSDT	+0.0343%	4h	$514K	$1.3M	20x	as long as short
Variational Omni USELESS	+0.0429%	4h	$1.2M	$1.5M	—	as long as short
Binance USELESSUSDT	+0.0503%	4h	$24.5M	$89.1M	50x	as long as short
Extended USELESS-USDshort	+0.0504%	1h	$268K	$917K	5x
MEXC USELESS_USDT	+0.0510%	4h	$18.2M	$4.6M	50x	as long as short
edgeX USELESSUSDC	+0.0523%	4h	$22K	$185K	10x	as long as short
BingX USELESS-USDT	+0.0740%	4h	—	$4.2M	—	as long as short
Polymarket Perps USELESS-USD	+0.0886%	1h	$34K	$114K	3x	as long as short
Bybit USELESSUSDT	+0.0940%	4h	$28.1M	$36.4M	13x	as long as short
Hyperliquid USELESS	+0.0970%	1h	$13.6M	$14.4M	3x	as long as short
Orderly PERP_USELESS_USDC	+0.0983%	4h	$22K	$1.4M	10x	as long as short
BloFin USELESS-USDT	+0.1056%	4h	$1.2M	$1.7M	12x	as long as short
Aster USELESSUSDT	+0.1142%	4h	$682K	$1.4M	10x	as long as short