USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0280%/8h= +30.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.082%

Price spread now: Extended against Aevo−0.570%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Extended

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.570% cheaper against Aevo than usual: you would sell low and buy high (spread −0.570% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$57 on $10k: about 6.8 days of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo USELESS-PERP	0.2820	0.0200	pay 0.0025% / 1h	56m 20s	$10K	—	3x
Short	Extended USELESS-USD	0.2804	0.0480	get 0.0060% / 1h	56m 20s	$295K	$834K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.570%Rate

Funding earned: $58.8
Price spread: −0.570% → 0.000%: −$57.04
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$19.24
Costs to cover: 0.210%
Break-even: 9.3 days

Slippage unknown: Aevo: no order-book sample; Extended: live order book, 17 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 Extended live order book, 17 min ago	81.54 bp	100.0 bp −$100	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	0.2803	−0.578%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2805	−0.539%	$31K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2805	−0.532%	$9.9M	$66.1M	10x	as long as short
ApeX Omni USELESSUSDT	+0.0100%	1h	0.2799	−0.738%	$39K	$703K	25x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2803	−0.578%	$42K	$165K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2806	−0.476%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2806	−0.486%	$18K	$502K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2800	−0.688%	$586K	$1.2M	20x	as long as short
KuCoin USELESSUSDTM	+0.0162%	4h	0.2803	−0.603%	$5.2M	$10.0M	12x	as long as short
Aevo USELESS-PERPlong	+0.0200%	1h	0.2820	long leg	$10K	—	3x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget USELESSUSDT	+0.0290%	4h	0.2805	−0.532%	$5.3M	$9.4M	20x	as long as short
Gate USELESS_USDT	+0.0346%	4h	0.2800	−0.717%	$7.0M	$8.2M	50x	as long as short
edgeX USELESSUSDC	+0.0448%	4h	0.2812	−0.289%	$21K	$192K	10x	as long as short
MEXC USELESS_USDT	+0.0476%	4h	0.2806	−0.507%	$10.5M	$5.9M	50x	as long as short
Extended USELESS-USDshort	+0.0480%	1h	0.2804	−0.570%	$295K	$834K	5x
Binance USELESSUSDT	+0.0482%	4h	0.2806	−0.485%	$23.7M	$116.2M	50x	as long as short
Variational Omni USELESS	+0.1018%	4h	0.2808	−0.402%	$1.2M	$1.7M	—	as long as short
Aster USELESSUSDT	+0.1033%	4h	0.2804	−0.578%	$644K	$2.3M	10x	as long as short
Bybit USELESSUSDT	+0.1278%	4h	0.2806	−0.507%	$27.5M	$45.8M	13x	as long as short
Hyperliquid USELESS	+0.1319%	1h	0.2810	−0.355%	$14.1M	$21.1M	3x	as long as short
Orderly PERP_USELESS_USDC	+0.1320%	4h	0.2806	−0.490%	$22K	$1.4M	10x	as long as short
BloFin USELESS-USDT	+0.1449%	4h	0.2808	−0.422%	$1.2M	$2.0M	12x	as long as short
BingX USELESS-USDT	+0.3242%	4h	0.2804	−0.554%	—	$5.0M	—	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2972	+5.397%	$5K	$9K	5.5x	as long as short