USELESS

Alert

Funding spread now, next payment 20:00 UTC+0.0306%/8h

next payment, per $10,000+$1.53paid, last 24h+0.118%paid, last 7 days+0.184%to open and close $10k−$154

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.184% in total (about 9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX USELESS-USDT	0.2909	0.0100	pay 0.0050% / 4h	2h 20m	—	$1.3M	10x
Short	MEXC USELESS_USDT	0.2910	0.0406	get 0.0203% / 4h	2h 20m	$19.0M	$4.9M	50x

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 MEXCbpOrdersRate

Funding earned: $64.26
Slippage, 4 orders: −$135.95
Fee SunX: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$89.69
Break-even: 16.8 days

Slippage from SunX: live order book, 11 min ago; MEXC: live order book, 5 min ago.

Price risk

price view

Price gap now: +0.038%
Avg gap 7d: −0.004%

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, 11 min ago	45.36 bp	65.1 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.69 bp	9.6 bp −$10	49.0 bp −$490	117.6 bp −$11.8K	doesn't fit

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	$855	$20K	5.5x	as long as short
Lighter USELESS	+0.0096%	1h	$1.3M	$1.0M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	$29K	$74K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	$10.0M	$58.5M	10x	as long as short
Gate USELESS_USDT	+0.0100%	4h	$6.9M	$6.4M	50x	as long as short
KuCoin USELESSUSDTM	+0.0100%	4h	$5.3M	$7.7M	12x	as long as short
Bitget USELESSUSDT	+0.0100%	4h	$5.5M	$7.0M	20x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	$35K	$694K	25x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	$28K	$114K	3x	as long as short
SunX USELESS-USDTlong	+0.0100%	4h	—	$1.3M	10x

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
HTX USELESS-USDT	+0.0100%	4h	$21K	$336K	20x	as long as short
Bybit USELESSUSDT	+0.0163%	4h	$28.6M	$37.0M	13x	as long as short
Aevo USELESS-PERP	+0.0184%	1h	$10K	—	3x	as long as short
Phemex USELESSUSDT	+0.0200%	4h	$532K	$1.2M	20x	as long as short
Variational Omni USELESS	+0.0325%	4h	$1.3M	$1.5M	—	as long as short
BingX USELESS-USDT	+0.0398%	4h	—	$4.4M	—	as long as short
MEXC USELESS_USDTshort	+0.0406%	4h	$19.0M	$4.9M	50x
edgeX USELESSUSDC	+0.0406%	4h	$22K	$185K	10x	as long as short
Binance USELESSUSDT	+0.0413%	4h	$24.7M	$92.1M	50x	as long as short
Extended USELESS-USD	+0.0416%	1h	$272K	$915K	5x	as long as short
BloFin USELESS-USDT	+0.0422%	4h	$1.2M	$1.7M	12x	as long as short
Hyperliquid USELESS	+0.0928%	1h	$14.2M	$15.2M	3x	as long as short
Orderly PERP_USELESS_USDC	+0.0936%	4h	$22K	$1.4M	10x	as long as short
Aster USELESSUSDT	+0.0998%	4h	$703K	$1.7M	10x	as long as short