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

USELESS

all USELESS markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC0.0000%/8h
paid, last 24h+0.036%paid, last 7 days+0.074%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps USELESS-USD0.27890.0100pay 0.0013% / 1h33m 28s$54K$201K3x
ShortOKX USELESS-USDT-SWAP0.27860.0100get 0.0050% / 4h2h 33m$9.5M$49.3M10x

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 OKX: 5 bp × 2 orders
−$10
Net
−$18
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 66 min ago; OKX: live order book, 2 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.118%
Avg gap 7d
−0.101%
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, 66 min ago0.18 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 2 min ago1.61 bp16.3 bp −$1671.6 bp −$716doesn'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 USELESS+0.0100%1h$26K$101K3xas long as short
OKX USELESS-USDT-SWAPshort+0.0100%4h$9.5M$49.3M10x
Gate USELESS_USDT+0.0100%4h$6.4M$5.1M50xas long as short
KuCoin USELESSUSDTM+0.0100%4h$5.0M$5.7M12xas long as short
ApeX Omni USELESSUSDT+0.0100%1h$43K$673K25xas long as short
Polymarket Perps USELESS-USDlong+0.0100%1h$54K$201K3x
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$494K$1.3M20xas long as short
Aevo USELESS-PERP+0.0224%1h$10K3xas long as short
Bitget USELESSUSDT+0.0228%4h$5.3M$5.7M20xas long as short
Hyperliquid USELESS+0.0229%1h$12.3M$12.6M3xas long as short
edgeX USELESSUSDC+0.0545%4h$21K$183K10xas long as short
MEXC USELESS_USDT+0.0558%4h$16.6M$4.1M50xas long as short
Binance USELESSUSDT+0.0559%4h$23.9M$78.5M50xas long as short
Extended USELESS-USD+0.0560%1h$263K$911K5xas long as short
BingX USELESS-USDT+0.0774%4h$3.7Mas long as short
Variational Omni USELESS+0.0839%4h$1.2M$1.3Mas long as short
Aster USELESSUSDT+0.0911%4h$578K$1.1M10xas long as short
Bybit USELESSUSDT+0.0951%4h$27.3M$30.9M13xas long as short
Orderly PERP_USELESS_USDC+0.1114%4h$18K$1.4M10xas long as short
BloFin USELESS-USDT+0.1149%4h$1.2M$1.5M12xas long as short