Funding you earn now, next payment 04:00 UTC+0.0560%/8h= +61.3% APRpaid last 24h +0.194%
Price spread now: BloFin against Aevo−1.225%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding pays, the price is against you. BloFin is 1.225% cheaper against Aevo than usual: you would sell low and buy high (spread −1.225% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$123 on $10k: about 7.3 days of funding at the current rate (+$17 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo USELESS-PERP | 0.2615 | 0.0192 | pay 0.0024% / 1h | 21m 37s | $9K | — | 3x |
| Short | BloFin USELESS-USDT | 0.2582 | 0.0752 | get 0.0376% / 4h | 21m 37s | $1.1M | $1.9M | 12x |
Aevo USELESS-PERP
BloFin USELESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aevo. 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
- $117.62
- Price spread: −1.225% → 0.000%
- −$122.51
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$32.89
- Costs to cover
- 0.280%
- Break-even
- 9.0 days
Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 1 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 BloFin live order book, 1 min ago | 1.74 bp | 13.4 bp −$13 | doesn't fit | 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 | 0.2592 | −0.846% | $1.2M | $1.2M | 3x | as long as short |
| Hyperliquid USELESS | +0.0100% | 1h | 0.2600 | −0.567% | $11.6M | $22.5M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2595 | −0.762% | $29K | $64K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2593 | −0.808% | $31K | $224K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2602 | −0.464% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2612 | −0.104% | $18K | $522K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2610 | −0.185% | $584K | $1.0M | 20x | as long as short |
| Aevo USELESS-PERPlong | +0.0192% | 1h | 0.2615 | long leg | $9K | — | 3x | |
| OKX USELESS-USDT-SWAP | +0.0198% | 4h | 0.2594 | −0.801% | $8.9M | $63.7M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0218% | 4h | 0.2593 | −0.823% | $4.7M | $10.7M | 12x | as long as short |
Lighter USELESS
Hyperliquid USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0238% | 4h | 0.2596 | −0.716% | $6.5M | $8.8M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0314% | 4h | 0.2592 | −0.843% | $4.9M | $10.4M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0339% | 1h | 0.2574 | −1.550% | $33K | $693K | 25x | as long as short |
| Binance USELESSUSDT | +0.0432% | 4h | 0.2596 | −0.721% | $21.6M | $122.7M | 50x | as long as short |
| Extended USELESS-USD | +0.0432% | 1h | 0.2594 | −0.790% | $112K | $1.2M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0432% | 4h | 0.2596 | −0.701% | $10.4M | $6.2M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0434% | 4h | 0.2586 | −1.095% | $19K | $196K | 10x | as long as short |
| Bybit USELESSUSDT | +0.0474% | 4h | 0.2593 | −0.839% | $24.6M | $48.6M | 13x | as long as short |
| BingX USELESS-USDT | +0.0486% | 4h | 0.2592 | −0.877% | — | $5.3M | — | as long as short |
| Aster USELESSUSDT | +0.0495% | 4h | 0.2596 | −0.699% | $514K | $2.4M | 10x | as long as short |
| Variational Omni USELESS | +0.0681% | 4h | 0.2564 | −1.924% | $1.0M | $1.8M | — | as long as short |
| BloFin USELESS-USDTshort | +0.0752% | 4h | 0.2582 | −1.225% | $1.1M | $1.9M | 12x | |
| Orderly PERP_USELESS_USDC | +0.1330% | 4h | 0.2615 | +0.014% | $19K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2735 | +4.623% | $5K | $11K | 5.5x | as long as short |
Gate USELESS_USDT
Bitget USELESSUSDT
ApeX Omni USELESSUSDT
Binance USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
edgeX USELESSUSDC
Bybit USELESSUSDT
BingX USELESS-USDT
Aster USELESSUSDT
Variational Omni USELESS
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP