Funding you earn now, next payment 02:00 UTC+0.0371%/8h= +40.6% APRpaid last 24h +0.119%
Price spread now: Bybit against Aevo+0.173%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Bybit is 0.173% dearer against Aevo than usual: you sell high and buy low: +$17 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 | 0.2814 | 0.0224 | pay 0.0028% / 1h | 25m 35s | $10K | — | 3x |
| Short | Bybit USELESSUSDT | 0.2819 | 0.0595 | get 0.0297% / 4h | 2h 25m | $27.4M | $46.4M | 13x |
Aevo USELESS-PERP
Bybit USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $77.84
- Price spread: +0.173% → 0.000%
- $17.34
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $68.18
- Costs to cover
- 0.270%
- Break-even
- 0.9 days
Slippage unknown: Aevo: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 3.54 bp | 20.6 bp −$21 | 96.1 bp −$961 | 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 23 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 | 0.2815 | +0.049% | $1.3M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2818 | +0.139% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2819 | +0.188% | $9.9M | $66.5M | 10x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2823 | +0.330% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2819 | +0.198% | $18K | $518K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2814 | +0.003% | $605K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0116% | 4h | 0.2814 | +0.024% | $5.2M | $10.3M | 12x | as long as short |
| Gate USELESS_USDT | +0.0142% | 4h | 0.2808 | −0.210% | $7.1M | $8.4M | 50x | as long as short |
| Aevo USELESS-PERPlong | +0.0224% | 1h | 0.2814 | long leg | $10K | — | 3x | |
| Polymarket Perps USELESS-USD | +0.0536% | 1h | 0.2823 | +0.340% | $31K | $198K | 3x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Gate USELESS_USDT
Polymarket Perps USELESS-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX USELESSUSDC | +0.0542% | 4h | 0.2814 | +0.012% | $21K | $193K | 10x | as long as short |
| BingX USELESS-USDT | +0.0542% | 4h | 0.2820 | +0.230% | — | $5.1M | — | as long as short |
| MEXC USELESS_USDT | +0.0556% | 4h | 0.2817 | +0.106% | $11.0M | $6.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0557% | 4h | 0.2820 | +0.216% | $23.9M | $117.5M | 50x | as long as short |
| Extended USELESS-USD | +0.0560% | 1h | 0.2819 | +0.179% | $302K | $1.2M | 5x | as long as short |
| Bitget USELESSUSDT | +0.0582% | 4h | 0.2813 | −0.015% | $5.4M | $9.9M | 20x | as long as short |
| Bybit USELESSUSDTshort | +0.0595% | 4h | 0.2819 | +0.173% | $27.4M | $46.4M | 13x | |
| ApeX Omni USELESSUSDT | +0.0703% | 1h | 0.2807 | −0.242% | $39K | $699K | 25x | as long as short |
| Variational Omni USELESS | +0.0829% | 4h | 0.2823 | +0.326% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDT | +0.1082% | 4h | 0.2819 | +0.202% | $647K | $2.3M | 10x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1274% | 4h | 0.2820 | +0.227% | $22K | $1.3M | 10x | as long as short |
| Hyperliquid USELESS | +0.1334% | 1h | 0.2818 | +0.145% | $14.1M | $20.9M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2984 | +6.041% | $5K | $9K | 5.5x | as long as short |
edgeX USELESSUSDC
BingX USELESS-USDT
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
Bitget USELESSUSDT
ApeX Omni USELESSUSDT
Variational Omni USELESS
Aster USELESSUSDT
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
Injective USELESS/USDC PERP