USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.010%

Price spread now: ApeX Omni against Aevo+0.025%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.025% dearer against Aevo than usual: you sell high and buy low: +$2 more if the spread 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	Aevo USELESS-PERP	0.2847	0.0232	pay 0.0029% / 1h	7m 15s	$10K	—	3x
Short	ApeX Omni USELESSUSDT	0.2848	0.0281	get 0.0035% / 1h	7m 15s	$40K	$699K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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 AevobpFee ApeX OmnibpOrdersPrice spread, now +0.025%Rate

Funding earned: $10.23
Price spread: +0.025% → 0.000%: $2.46
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$13.31
Costs to cover: 0.260%
Break-even: 16.1 days

Slippage unknown: Aevo: no order-book sample; ApeX Omni: live order book, 16 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 Aevo no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 16 min ago	10.22 bp	18.3 bp −$18	105.8 bp −$1,058	doesn't fit	doesn't fit

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: 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	0.2847	−0.028%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2846	−0.046%	$32K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2850	+0.081%	$10.1M	$64.2M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2847	−0.007%	$28K	$139K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2853	+0.200%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2845	−0.081%	$20K	$387K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2832	−0.551%	$567K	$1.2M	20x	as long as short
Aevo USELESS-PERPlong	+0.0232%	1h	0.2847	long leg	$10K	—	3x
KuCoin USELESSUSDTM	+0.0258%	4h	0.2842	−0.179%	$5.3M	$9.7M	12x	as long as short
ApeX Omni USELESSUSDTshort	+0.0281%	1h	0.2848	+0.025%	$40K	$699K	25x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate USELESS_USDT	+0.0426%	4h	0.2840	−0.249%	$7.1M	$7.9M	50x	as long as short
Bitget USELESSUSDT	+0.0526%	4h	0.2849	+0.077%	$5.5M	$8.9M	20x	as long as short
Binance USELESSUSDT	+0.0591%	4h	0.2850	+0.107%	$24.3M	$110.8M	50x	as long as short
Extended USELESS-USD	+0.0592%	1h	0.2850	+0.090%	$299K	$968K	5x	as long as short
MEXC USELESS_USDT	+0.0594%	4h	0.2848	+0.007%	$10.0M	$5.9M	50x	as long as short
edgeX USELESSUSDC	+0.0608%	4h	0.2849	+0.047%	$21K	$190K	10x	as long as short
BingX USELESS-USDT	+0.1094%	4h	0.2851	+0.144%	—	$4.9M	—	as long as short
Orderly PERP_USELESS_USDC	+0.1191%	4h	0.2850	+0.095%	$21K	$1.4M	10x	as long as short
Aster USELESSUSDT	+0.1269%	4h	0.2843	−0.158%	$658K	$2.2M	10x	as long as short
Variational Omni USELESS	+0.1295%	4h	0.2859	+0.412%	$1.2M	$1.7M	—	as long as short
Bybit USELESSUSDT	+0.1312%	4h	0.2849	+0.074%	$28.9M	$43.1M	13x	as long as short
Hyperliquid USELESS	+0.1524%	1h	0.2850	+0.084%	$14.6M	$19.8M	3x	as long as short
BloFin USELESS-USDT	+0.1525%	4h	0.2850	+0.102%	$1.2M	$1.9M	12x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.3006	+5.588%	$5K	$10K	5.5x	as long as short