Spread before costs (cost unknown: a leg has no order-book sample)−0.341%
7d average—if it closes, per $10,000$34funding while held, a day+$6.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo USELESS-PERP | 0.2880 | 0.0184 | pay 0.0023% / 1h | 57m 02s | $10K | — | 3x |
| Short | BingX USELESS-USDT | 0.2870 | 0.0400 | get 0.0200% / 4h | 57m 02s | — | $4.5M | — |
Aevo USELESS-PERP
BingX USELESS-USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$34.13
- Funding while held
- $6.48
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$53.65
- Spread needed to break even
- 0.260%
Slippage unknown: Aevo: no order-book sample; BingX: live order book, 14 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0216%
- Per $10,000 a day
- +$6.48
- Average in range /8h
- —
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 BingX live order book, 14 min ago | 2.24 bp | 14.0 bp −$14 | 39.0 bp −$390 | 267.2 bp −$26.7K | 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 price on every exchange
against the cheapest. Click to use as the short leg.OKX0.2864cheapestBitget0.2866+0.084%Bybit0.2867+0.101%Binance0.2869+0.181%Gate0.2869+0.196%
OKX
Bitget
Bybit
Binance
GateBingX0.2870+0.234%
Lighter0.2871+0.244%Hyperliquid0.2871+0.265%BloFin0.2872+0.286%MEXC0.2872+0.290%KuCoin0.2872+0.293%HTX0.2876+0.419%Phemex0.2876+0.440%Aster0.2879+0.528%Extended0.2880+0.567%
Lighter
Hyperliquid
BloFin
MEXC
KuCoin
HTX
Phemex
Aster
ExtendedAevo0.2880+0.577%
Orderly0.2880+0.580%Polymarket Perps0.2888+0.845%SunX0.2888+0.859%Pacifica0.2897+1.145%edgeX0.2898+1.196%ApeX Omni0.2900+1.268%Variational Omni0.2910+1.618%
Orderly
Polymarket Perps
SunX
Pacifica
ApeX Omni
Variational OmniInjective0.3088+7.846%
InjectiveUSELESS on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX USELESS-USDT-SWAP | −0.574% | +0.0100% | 4h | $9.8M | $58.9M | 10x | as long as short |
| Bitget USELESSUSDT | −0.491% | +0.0162% | 4h | $5.5M | $7.3M | 20x | as long as short |
| Bybit USELESSUSDT | −0.473% | +0.0159% | 4h | $28.1M | $37.7M | 13x | as long as short |
| Binance USELESSUSDT | −0.394% | +0.0416% | 4h | $24.6M | $95.8M | 50x | as long as short |
| Gate USELESS_USDT | −0.379% | +0.0100% | 4h | $6.9M | $6.7M | 50x | as long as short |
| BingX USELESS-USDTshort | −0.341% | +0.0400% | 4h | — | $4.5M | — | |
| Lighter USELESS | −0.331% | +0.0096% | 1h | $1.3M | $946K | 3x | as long as short |
| Hyperliquid USELESS | −0.310% | +0.0100% | 1h | $13.4M | $16.0M | 3x | as long as short |
| BloFin USELESS-USDT | −0.289% | +0.0412% | 4h | $1.2M | $1.8M | 12x | as long as short |
| MEXC USELESS_USDT | −0.286% | +0.0418% | 4h | $19.5M | $5.0M | 50x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin USELESSUSDTM | −0.282% | +0.0100% | 4h | $5.2M | $8.2M | 12x | as long as short |
| HTX USELESS-USDT | −0.157% | +0.0100% | 4h | $20K | $348K | 20x | as long as short |
| Phemex USELESSUSDT | −0.136% | +0.0100% | 4h | $543K | $1.3M | 20x | as long as short |
| Aster USELESSUSDT | −0.049% | +0.0913% | 4h | $665K | $2.0M | 10x | as long as short |
| Extended USELESS-USD | −0.010% | +0.0416% | 1h | $264K | $920K | 5x | as long as short |
| Aevo USELESS-PERPlong | 0.000% | +0.0184% | 1h | $10K | — | 3x | |
| Orderly PERP_USELESS_USDC | +0.002% | +0.0892% | 4h | $22K | $1.4M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.266% | +0.0100% | 1h | $27K | $110K | 3x | as long as short |
| SunX USELESS-USDT | +0.280% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| Pacifica USELESS | +0.565% | +0.0100% | 1h | $32K | $76K | 3x | as long as short |
| edgeX USELESSUSDC | +0.615% | +0.0411% | 4h | $22K | $186K | 10x | as long as short |
| ApeX Omni USELESSUSDT | +0.686% | +0.0100% | 1h | $36K | $691K | 25x | as long as short |
| Variational Omni USELESS | +1.034% | +0.0288% | 4h | $1.2M | $1.5M | — | as long as short |
| Injective USELESS/USDC PERP | +7.228% | +0.4654% | 1h | $5K | $14K | 5.5x | as long as short |