USELESS

Alert

Funding spread now, next payment 17:00 UTC+0.0100%/8h

paid, last 24h+0.030%paid, last 5 days−0.019%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX USELESS-USDT	0.2848	0.0100	pay 0.0050% / 4h	3h 24m	—	$1.3M	10x
Short	Aevo USELESS-PERP	0.2834	0.0200	get 0.0025% / 1h	24m 20s	$10K	—	3x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee AevobpOrdersRate

Funding earned: $21
Slippage, 4 orders: no order book: not counted
Fee SunX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$5
Break-even: 8.7 days

Slippage unknown: SunX: live order book, 6 min ago; Aevo: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.461%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 6 min ago	14.19 bp	33.5 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective USELESS/USDC PERP	−0.5000%	1h	$3K	$18K	5.5x	as long as short
Lighter USELESS	+0.0096%	1h	$1.3M	$953K	3x	as long as short
Pacifica USELESS	+0.0100%	1h	$28K	$104K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	$9.7M	$55.8M	10x	as long as short
Gate USELESS_USDT	+0.0100%	4h	$6.6M	$6.1M	50x	as long as short
KuCoin USELESSUSDTM	+0.0100%	4h	$5.1M	$7.2M	12x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	$37K	$689K	25x	as long as short
SunX USELESS-USDTlong	+0.0100%	4h	—	$1.3M	10x
HTX USELESS-USDT	+0.0100%	4h	$21K	$321K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	$509K	$1.3M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget USELESSUSDT	+0.0198%	4h	$5.4M	$6.8M	20x	as long as short
Aevo USELESS-PERPshort	+0.0200%	1h	$10K	—	3x
Variational Omni USELESS	+0.0467%	4h	$1.2M	$1.5M	—	as long as short
Extended USELESS-USD	+0.0480%	1h	$264K	$917K	5x	as long as short
Binance USELESSUSDT	+0.0483%	4h	$24.1M	$89.3M	50x	as long as short
MEXC USELESS_USDT	+0.0492%	4h	$18.0M	$4.7M	50x	as long as short
edgeX USELESSUSDC	+0.0498%	4h	$22K	$184K	10x	as long as short
Bybit USELESSUSDT	+0.0659%	4h	$27.9M	$36.5M	13x	as long as short
BingX USELESS-USDT	+0.0662%	4h	—	$4.2M	—	as long as short
Polymarket Perps USELESS-USD	+0.0779%	1h	$33K	$112K	3x	as long as short
Orderly PERP_USELESS_USDC	+0.0961%	4h	$22K	$1.4M	10x	as long as short
Hyperliquid USELESS	+0.0969%	1h	$13.5M	$14.3M	3x	as long as short
Aster USELESSUSDT	+0.1087%	4h	$673K	$1.4M	10x	as long as short
BloFin USELESS-USDT	+0.1121%	4h	$1.2M	$1.7M	12x	as long as short