Funding you earn now, next payment 01:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.023%
Price spread now: KuCoin against Pacifica−0.151%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+0.334%+$33 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. KuCoin is 0.151% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.151% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 6.6 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.334% in total) that is about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica USELESS | 0.2839 | 0.0100 | pay 0.0013% / 1h | 30m 37s | $32K | $70K | 3x |
| Short | KuCoin USELESSUSDTM | 0.2834 | 0.0176 | get 0.0088% / 4h | 3h 30m | $5.2M | $10.1M | 12x |
Pacifica USELESS
KuCoin USELESSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $15.96
- Price spread: −0.151% → 0.000%
- −$15.15
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$19.19
- Costs to cover
- 0.200%
- Break-even
- 15.4 days
Slippage unknown: Pacifica: no order-book sample; KuCoin: 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 KuCoin live order book, 3 min ago | 9.48 bp | 48.9 bp −$49 | 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 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 | 0.2837 | −0.067% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESSlong | +0.0100% | 1h | 0.2839 | long leg | $32K | $70K | 3x | |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2843 | +0.162% | $10.0M | $66.6M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2841 | +0.070% | $48K | $172K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2842 | +0.120% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2831 | −0.261% | $18K | $507K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2835 | −0.141% | $597K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTMshort | +0.0176% | 4h | 0.2834 | −0.151% | $5.2M | $10.1M | 12x | |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2838 | −0.020% | $10K | — | 3x | as long as short |
| Bitget USELESSUSDT | +0.0450% | 4h | 0.2843 | +0.148% | $5.5M | $9.6M | 20x | as long as short |
Lighter USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
Bitget USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended USELESS-USD | +0.0464% | 1h | 0.2837 | −0.079% | $300K | $1.2M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0464% | 4h | 0.2837 | −0.070% | $10.7M | $5.9M | 50x | as long as short |
| Binance USELESSUSDT | +0.0464% | 4h | 0.2840 | +0.037% | $24.0M | $116.3M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0469% | 4h | 0.2848 | +0.320% | $21K | $193K | 10x | as long as short |
| ApeX Omni USELESSUSDT | +0.0499% | 1h | 0.2854 | +0.535% | $40K | $703K | 25x | as long as short |
| Aster USELESSUSDT | +0.1030% | 4h | 0.2838 | −0.028% | $652K | $2.3M | 10x | as long as short |
| Variational Omni USELESS | +0.1043% | 4h | 0.2842 | +0.115% | $1.2M | $1.7M | — | as long as short |
| Hyperliquid USELESS | +0.1156% | 1h | 0.2845 | +0.225% | $14.3M | $21.0M | 3x | as long as short |
| Bybit USELESSUSDT | +0.1196% | 4h | 0.2840 | +0.053% | $27.9M | $46.0M | 13x | as long as short |
| Gate USELESS_USDT | +0.1196% | 4h | 0.2835 | −0.134% | $7.1M | $8.4M | 50x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1266% | 4h | 0.2842 | +0.099% | $22K | $1.4M | 10x | as long as short |
| BingX USELESS-USDT | +0.1326% | 4h | 0.2837 | −0.056% | — | $5.1M | — | as long as short |
| BloFin USELESS-USDT | +0.1735% | 4h | 0.2840 | +0.032% | $1.2M | $2.0M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2999 | +5.626% | $5K | $9K | 5.5x | as long as short |
Extended USELESS-USD
MEXC USELESS_USDT
Binance USELESSUSDT
edgeX USELESSUSDC
ApeX Omni USELESSUSDT
Aster USELESSUSDT
Variational Omni USELESS
Hyperliquid USELESS
Bybit USELESSUSDT
Gate USELESS_USDT
Orderly PERP_USELESS_USDC
BingX USELESS-USDT
BloFin USELESS-USDT
Injective USELESS/USDC PERP