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

USELESS

all USELESS markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 16:00 UTC+0.0108%/8h
paid, last 24h+0.087%paid, last 7 days+0.153%to open and closeno order book
Long on Polymarket PerpsShort on Bitget
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps USELESS-USD0.27960.0100pay 0.0013% / 1h14m 18s$38K$165K3x
ShortBitget USELESSUSDT0.27940.0208get 0.0104% / 4h14m 18s$5.2M$6.6M20x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$22.68
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
$2.68
Break-even
6.2 days
Slippage unknown: Polymarket Perps: live order book, 40 min ago; Bitget: live order book, 5 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.064%
Avg gap 7d
−0.039%
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, 40 min ago30.24 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago3.05 bp32.0 bp −$32doesn't fitdoesn'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$18K5.5xas long as short
Lighter USELESS+0.0096%1h$1.3M$881K3xas long as short
Pacifica USELESS+0.0100%1h$28K$103K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.4M$52.7M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.5M$5.9M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.0M$6.8M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$36K$684K25xas long as short
Polymarket Perps USELESS-USDlong+0.0100%1h$38K$165K3x
SunX USELESS-USDT+0.0100%4h—$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$309K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aevo USELESS-PERP+0.0184%1h$10K—3xas long as short
Bitget USELESSUSDTshort+0.0208%4h$5.2M$6.6M20x
Bybit USELESSUSDT+0.0317%4h$27.2M$34.8M13xas long as short
BingX USELESS-USDT+0.0410%4h—$4.0M—as long as short
Extended USELESS-USD+0.0416%1h$263K$915K5xas long as short
MEXC USELESS_USDT+0.0416%4h$17.4M$4.4M50xas long as short
Binance USELESSUSDT+0.0418%4h$23.6M$85.3M50xas long as short
edgeX USELESSUSDC+0.0425%4h$21K$184K10xas long as short
Variational Omni USELESS+0.0453%4h$1.2M$1.6M—as long as short
Phemex USELESSUSDT+0.0483%4h$507K$1.3M20xas long as short
BloFin USELESS-USDT+0.0570%4h$1.2M$1.6M12xas long as short
Aster USELESSUSDT+0.0949%4h$658K$1.3M10xas long as short
Orderly PERP_USELESS_USDC+0.1022%4h$19K$1.4M10xas long as short
Hyperliquid USELESS+0.1163%1h$12.3M$13.6M3xas long as short