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

USELESS

all USELESS markets
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Funding spread now, next payment 19:00 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h+0.028%paid, last 7 days+0.109%to open and close $10k−$134
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps USELESS-USD0.28050.0100pay 0.0013% / 1h15m 44s$27K$122K3x
ShortApeX Omni USELESSUSDT0.28260.0100get 0.0013% / 1h15m 44s$35K$693K25x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$115.93
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$133.93
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 24 min ago; ApeX Omni: live order book, 19 min ago.

Price risk

price view
Price gap now
+0.738%
Avg gap 7d
+0.034%
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 Polymarket Perps live order book, 24 min ago2.46 bp42.0 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 19 min ago10.58 bp17.9 bp −$18114.0 bp −$1,140doesn'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$855$14K5.5xas long as short
Lighter USELESS+0.0096%1h$1.3M$945K3xas long as short
Pacifica USELESS+0.0100%1h$31K$76K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.6M$56.7M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.7M$6.6M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.1M$8.0M12xas long as short
ApeX Omni USELESSUSDTshort+0.0100%1h$35K$693K25x
Polymarket Perps USELESS-USDlong+0.0100%1h$27K$122K3x
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$20K$341K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$528K$1.3M20xas long as short
Bybit USELESSUSDT+0.0161%4h$27.4M$37.1M13xas long as short
Aevo USELESS-PERP+0.0176%1h$10K3xas long as short
Bitget USELESSUSDT+0.0178%4h$5.3M$7.1M20xas long as short
Variational Omni USELESS+0.0329%4h$1.2M$1.5Mas long as short
Binance USELESSUSDT+0.0358%4h$23.8M$93.4M50xas long as short
Extended USELESS-USD+0.0368%1h$256K$920K5xas long as short
MEXC USELESS_USDT+0.0368%4h$18.8M$5.0M50xas long as short
edgeX USELESSUSDC+0.0369%4h$22K$187K10xas long as short
BingX USELESS-USDT+0.0378%4h$4.4Mas long as short
BloFin USELESS-USDT+0.0419%4h$1.2M$1.7M12xas long as short
Hyperliquid USELESS+0.0689%1h$13.5M$15.5M3xas long as short
Aster USELESSUSDT+0.0797%4h$629K$1.9M10xas long as short
Orderly PERP_USELESS_USDC+0.0887%4h$21K$1.4M10xas long as short