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

USELESS

all USELESS markets
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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 17:00 UTC−0.0220%/8h
paid, last 24h+0.201%paid, last 7 days+0.777%to open and closeno order book
Long on Polymarket PerpsShort on BloFin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps USELESS-USD0.28690.0770pay 0.0096% / 1h3m 51s$31K$108K3x
ShortBloFin USELESS-USDT0.28720.0550get 0.0275% / 4h3h 03m$1.2M$1.7M12x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$46.19
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$66.19
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 46 min ago; BloFin: live order book, 5 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.112%
Avg gap 7d
+0.062%
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, 46 min ago0.18 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago6.13 bp23.1 bp −$2350.6 bp −$506doesn'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$1.0M3xas long as short
Pacifica USELESS+0.0100%1h$29K$93K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.7M$56.6M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.7M$6.2M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.2M$7.4M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$34K$692K25xas long as short
SunX USELESS-USDT+0.0100%4h—$1.3M10xas long as short
HTX USELESS-USDT+0.0100%4h$21K$326K20xas long as short
Phemex USELESSUSDT+0.0100%4h$518K$1.3M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget USELESSUSDT+0.0130%4h$5.4M$6.8M20xas long as short
Aevo USELESS-PERP+0.0192%1h$10K—3xas long as short
Bybit USELESSUSDT+0.0325%4h$28.1M$36.4M13xas long as short
Variational Omni USELESS+0.0382%4h$1.2M$1.5M—as long as short
BingX USELESS-USDT+0.0428%4h—$4.3M—as long as short
MEXC USELESS_USDT+0.0438%4h$18.3M$4.8M50xas long as short
edgeX USELESSUSDC+0.0444%4h$22K$184K10xas long as short
Binance USELESSUSDT+0.0445%4h$24.3M$89.9M50xas long as short
Extended USELESS-USD+0.0448%1h$267K$912K5xas long as short
BloFin USELESS-USDTshort+0.0550%4h$1.2M$1.7M12x
Polymarket Perps USELESS-USDlong+0.0770%1h$31K$108K3x
Orderly PERP_USELESS_USDC+0.0968%4h$22K$1.4M10xas long as short
Hyperliquid USELESS+0.1031%1h$13.7M$14.5M3xas long as short
Aster USELESSUSDT+0.1039%4h$662K$1.6M10xas long as short