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

USELESS

all USELESS markets
SwapPrice view
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Funding spread now, next payment 14:00 UTC0.0000%/8h
paid, last 24h+0.030%paid, last 5 days+0.175%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica USELESS0.28110.0100pay 0.0013% / 1h36m 42s$26K$101K3x
ShortOKX USELESS-USDT-SWAP0.28070.0100get 0.0050% / 4h2h 36m$9.6M$49.7M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$18
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 22 min ago; OKX: live order book, 4 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.153%
Avg gap 7d
−0.004%
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, 22 min ago29.21 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.54 bp18.2 bp −$1868.9 bp −$689doesn'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$822K3xas long as short
Pacifica USELESSlong+0.0100%1h$26K$101K3x
OKX USELESS-USDT-SWAPshort+0.0100%4h$9.6M$49.7M10x
Gate USELESS_USDT+0.0100%4h$6.4M$5.0M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.1M$5.7M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$42K$671K25xas long as short
Polymarket Perps USELESS-USD+0.0100%1h$55K$201K3xas long as short
SunX USELESS-USDT+0.0100%4h$1.2M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$276K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$495K$1.3M20xas long as short
Aevo USELESS-PERP+0.0216%1h$10K3xas long as short
Bitget USELESSUSDT+0.0226%4h$5.3M$5.7M20xas long as short
Hyperliquid USELESS+0.0227%1h$12.5M$12.5M3xas long as short
MEXC USELESS_USDT+0.0544%4h$16.7M$4.1M50xas long as short
edgeX USELESSUSDC+0.0545%4h$21K$182K10xas long as short
Extended USELESS-USD+0.0560%1h$264K$911K5xas long as short
Binance USELESSUSDT+0.0564%4h$24.0M$78.5M50xas long as short
BingX USELESS-USDT+0.0774%4h$3.7Mas long as short
Variational Omni USELESS+0.0774%4h$1.2M$1.3Mas long as short
Aster USELESSUSDT+0.0923%4h$583K$1.1M10xas long as short
Bybit USELESSUSDT+0.0931%4h$27.5M$30.9M13xas long as short
BloFin USELESS-USDT+0.1070%4h$1.2M$1.5M12xas long as short
Orderly PERP_USELESS_USDC+0.1121%4h$18K$1.4M10xas long as short