Funding you earn now, next payment 04:00 UTC−0.0122%/8h= −13.4% APRnext payment −$0.61 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against Variational Omni+0.269%7-day average −0.118% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.030%−$3 on $10k
+Price spread, last 7 days−0.241%−$24 · spread now +0.269%, 7d avg −0.118%
=Together, before fees−0.271%+ Points / potential airdropVariational Omni: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.387% dearer against Variational Omni than usual: you sell high and buy low (spread +0.269% now, against its 7-day average of −0.118%): +$39 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 3 days (−0.030% in total) that is about 43 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni USELESS | 0.2797 | 0.0990 | pay 0.0495% / 4h | 3h 57m | $1.2M | $1.7M | — |
| Short | BingX USELESS-USDT | 0.2805 | 0.0868 | get 0.0434% / 4h | 3h 57m | — | $5.0M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.69
- Price spread: +0.269% → −0.118%
- $38.73
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $3.05
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; BingX: live order book, 12 min ago. 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 Variational Omni RFQ quote, 1 min ago | 5.35 bp | doesn't fit | 62.4 bp −$624 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 3.38 bp | 15.0 bp −$15 | 81.2 bp −$812 | 427.9 bp −$42.8K | doesn't fit |
USELESS on 24 venues
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 | 0.2803 | +0.194% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2804 | +0.226% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2800 | +0.087% | $9.8M | $66.0M | 10x | as long as short |
| ApeX Omni USELESSUSDT | +0.0100% | 1h | 0.2799 | +0.055% | $39K | $703K | 25x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2804 | +0.223% | $42K | $165K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2807 | +0.348% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2801 | +0.108% | $18K | $501K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2798 | +0.005% | $584K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0168% | 4h | 0.2797 | +0.001% | $5.2M | $10.0M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2821 | +0.853% | $10K | — | 3x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USELESSUSDT | +0.0280% | 4h | 0.2804 | +0.226% | $5.3M | $9.4M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0466% | 4h | 0.2799 | +0.056% | $21K | $193K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0476% | 4h | 0.2804 | +0.240% | $10.5M | $5.9M | 50x | as long as short |
| Binance USELESSUSDT | +0.0477% | 4h | 0.2803 | +0.205% | $23.6M | $116.2M | 50x | as long as short |
| Extended USELESS-USD | +0.0480% | 1h | 0.2806 | +0.293% | $295K | $834K | 5x | as long as short |
| BingX USELESS-USDTshort | +0.0868% | 4h | 0.2805 | +0.269% | — | $5.0M | — | |
| Variational Omni USELESSlong | +0.0990% | 4h | 0.2797 | long leg | $1.2M | $1.7M | — | |
| Aster USELESSUSDT | +0.1029% | 4h | 0.2803 | +0.190% | $644K | $2.3M | 10x | as long as short |
| Hyperliquid USELESS | +0.1190% | 1h | 0.2809 | +0.426% | $14.0M | $21.1M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1202% | 4h | 0.2814 | +0.587% | $1.2M | $2.0M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1315% | 4h | 0.2805 | +0.269% | $22K | $1.4M | 10x | as long as short |
| Gate USELESS_USDT | +0.2006% | 4h | 0.2803 | +0.201% | $7.0M | $8.2M | 50x | as long as short |
| Bybit USELESSUSDT | +0.3412% | 4h | 0.2804 | +0.237% | $27.5M | $45.7M | 13x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2966 | +6.031% | $5K | $9K | 5.5x | as long as short |
Variational Omni USELESS
BingX USELESS-USDT
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
ApeX Omni USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Bitget USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
Aster USELESSUSDT
Hyperliquid USELESS
BloFin USELESS-USDT
Gate USELESS_USDT
Bybit USELESSUSDT
Injective USELESS/USDC PERP