Funding arb · Price arb /

USELESS

all USELESS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%

Price spread now: Pacifica against Polymarket Perps+0.261%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.261% dearer against Polymarket Perps than usual: you sell high and buy low, +$26 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps USELESS-USD	0.2964	0.0100	pay 0.0013% / 1h	20m 44s	$29K	$284K	3x
Short	Pacifica USELESS	0.2971	0.0100	get 0.0013% / 1h	20m 44s	$32K	$20K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee PacificabpOrdersPrice spread, now +0.261%Rate

Funding earned: $0
Price spread: +0.261% → 0.000%: $26.08
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $10.08
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Polymarket Perps: no order-book sample; Pacifica: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps no order-book sample	—	—	—	—	—
Sell Pacifica no order-book sample	—	—	—	—	—

Polymarket Perps and Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

USELESS on 24 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter USELESS	+0.0096%	1h	0.2955	−0.273%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESSshort	+0.0100%	1h	0.2971	+0.261%	$32K	$20K	3x
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2960	−0.118%	$11.0M	$75.9M	10x	as long as short
KuCoin USELESSUSDTM	+0.0100%	4h	0.2959	−0.138%	$5.5M	$10.8M	12x	as long as short
Polymarket Perps USELESS-USDlong	+0.0100%	1h	0.2964	long leg	$29K	$284K	3x
SunX USELESS-USDT	+0.0100%	4h	0.2970	+0.206%	—	$1.3M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2966	+0.081%	$39K	$557K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2962	−0.057%	$688K	$1.3M	20x	as long as short
Bitget USELESSUSDT	+0.0176%	4h	0.2959	−0.159%	$5.8M	$11.1M	20x	as long as short
Aevo USELESS-PERP	+0.0224%	1h	0.2966	+0.086%	$11K	—	3x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni USELESSUSDT	+0.0276%	1h	0.2958	−0.186%	$55K	$687K	25x	as long as short
Gate USELESS_USDT	+0.0356%	4h	0.2960	−0.115%	$7.5M	$8.9M	50x	as long as short
Aster USELESSUSDT	+0.0409%	4h	0.2955	−0.279%	$643K	$2.4M	10x	as long as short
edgeX USELESSUSDC	+0.0555%	4h	0.2959	−0.136%	$22K	$200K	10x	as long as short
MEXC USELESS_USDT	+0.0568%	4h	0.2959	−0.155%	$15.3M	$7.1M	50x	as long as short
Extended USELESS-USD	+0.0584%	1h	0.2961	−0.088%	$281K	$1.6M	5x	as long as short
Binance USELESSUSDT	+0.0594%	4h	0.2958	−0.173%	$25.5M	$132.8M	50x	as long as short
Orderly PERP_USELESS_USDC	+0.1062%	4h	0.2971	+0.267%	$24K	$2.0M	10x	as long as short
BingX USELESS-USDT	+0.1068%	4h	0.2959	−0.138%	—	$5.7M	—	as long as short
Variational Omni USELESS	+0.1136%	4h	0.2968	+0.148%	$1.2M	$1.9M	—	as long as short
Bybit USELESSUSDT	+0.1173%	4h	0.2957	−0.219%	$29.3M	$53.1M	13x	as long as short
Hyperliquid USELESS	+0.1297%	1h	0.2961	−0.081%	$13.6M	$23.3M	3x	as long as short
BloFin USELESS-USDT	+0.1522%	4h	0.2964	+0.024%	$1.3M	$2.3M	12x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.3187	+7.555%	$5K	$10K	5.5x	as long as short