USELESS

Alert

Funding spread now, next payment 20:00 UTC+0.0624%/8h

next payment, per $10,000+$3.12paid, last 24h+0.069%paid, last 3 days+0.307%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni USELESS	0.2898	0.0377	pay 0.0188% / 4h	2h 40m	$1.2M	$1.5M	—
Short	Aster USELESSUSDT	0.2882	0.1001	get 0.0500% / 4h	2h 40m	$673K	$1.6M	10x

Funding history

latest

Range statsloading…

click an exchange to add or hide it

latest

Position, each leg$Hold fordaysFee Variational OmnibpFee AsterbpOrdersRate

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Aster: live order book, 4 min ago. Net counts fees only.

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

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

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 5 min ago	5.15 bp	doesn't fit	32.6 bp −$326	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	3.10 bp	21.6 bp −$22	111.7 bp −$1,117	doesn't fit	doesn't fit

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective USELESS/USDC PERP	−0.5000%	1h	$3K	$16K	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	$93K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	$9.8M	$57.5M	10x	as long as short
Gate USELESS_USDT	+0.0100%	4h	$6.8M	$6.2M	50x	as long as short
KuCoin USELESSUSDTM	+0.0100%	4h	$5.2M	$7.6M	12x	as long as short
Bitget USELESSUSDT	+0.0100%	4h	$5.4M	$6.9M	20x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	$36K	$695K	25x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	$28K	$112K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	—	$1.3M	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
HTX USELESS-USDT	+0.0100%	4h	$21K	$330K	20x	as long as short
Bybit USELESSUSDT	+0.0175%	4h	$28.4M	$36.5M	13x	as long as short
Aevo USELESS-PERP	+0.0192%	1h	$10K	—	3x	as long as short
Variational Omni USELESSlong	+0.0377%	4h	$1.2M	$1.5M	—
BingX USELESS-USDT	+0.0430%	4h	—	$4.4M	—	as long as short
Binance USELESSUSDT	+0.0432%	4h	$24.5M	$90.9M	50x	as long as short
Extended USELESS-USD	+0.0432%	1h	$269K	$912K	5x	as long as short
BloFin USELESS-USDT	+0.0433%	4h	$1.2M	$1.7M	12x	as long as short
MEXC USELESS_USDT	+0.0438%	4h	$18.7M	$4.8M	50x	as long as short
edgeX USELESSUSDC	+0.0448%	4h	$22K	$186K	10x	as long as short
Hyperliquid USELESS	+0.0881%	1h	$13.9M	$14.9M	3x	as long as short
Phemex USELESSUSDT	+0.0903%	4h	$534K	$1.3M	20x	as long as short
Orderly PERP_USELESS_USDC	+0.0966%	4h	$22K	$1.4M	10x	as long as short
Aster USELESSUSDTshort	+0.1001%	4h	$673K	$1.6M	10x