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

USELESS

all USELESS markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC0.0000%/8h
paid, last 24h−0.008%paid, last 7 days+0.036%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps USELESS-USD0.28610.0100pay 0.0013% / 1h13m 06s$27K$113K3x
ShortHTX USELESS-USDT0.28630.0100get 0.0050% / 4h1h 13m$20K$344K20x

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 Polymarket Perps: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$20
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 26 min ago; HTX: live order book, 21 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.042%
Avg gap 7d
−0.111%
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, 26 min ago2.46 bp42.0 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 21 min ago57.03 bpdoesn't fitdoesn'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$855$14K5.5xas long as short
Lighter USELESS+0.0096%1h$1.3M$950K3xas long as short
Pacifica USELESS+0.0100%1h$32K$76K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h$9.8M$58.1M10xas long as short
Gate USELESS_USDT+0.0100%4h$6.8M$6.6M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.2M$8.1M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$34K$693K25xas long as short
Polymarket Perps USELESS-USDlong+0.0100%1h$27K$113K3x
SunX USELESS-USDT+0.0100%4h$1.3M10xas long as short
HTX USELESS-USDTshort+0.0100%4h$20K$344K20x
Show all 24 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex USELESSUSDT+0.0100%4h$540K$1.3M20xas long as short
Bybit USELESSUSDT+0.0167%4h$28.0M$37.3M13xas long as short
Bitget USELESSUSDT+0.0176%4h$5.4M$7.1M20xas long as short
Aevo USELESS-PERP+0.0176%1h$10K3xas long as short
Variational Omni USELESS+0.0287%4h$1.2M$1.5Mas long as short
edgeX USELESSUSDC+0.0355%4h$21K$187K10xas long as short
MEXC USELESS_USDT+0.0356%4h$19.3M$5.1M50xas long as short
Binance USELESSUSDT+0.0359%4h$24.3M$94.1M50xas long as short
Extended USELESS-USD+0.0360%1h$261K$920K5xas long as short
BingX USELESS-USDT+0.0374%4h$4.4Mas long as short
BloFin USELESS-USDT+0.0421%4h$1.2M$1.8M12xas long as short
Hyperliquid USELESS+0.0696%1h$13.7M$15.5M3xas long as short
Aster USELESSUSDT+0.0798%4h$641K$1.9M10xas long as short
Orderly PERP_USELESS_USDC+0.0885%4h$22K$1.4M10xas long as short