Funding you earn now, next payment 22:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.010%
Price spread now: OKX against Aevo−0.049%7-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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.049% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| 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 | 6m 53s | $10K | — | 3x |
| Short | OKX USELESS-USDT-SWAP | 0.2846 | 0.0100 | get 0.0050% / 4h | 2h 06m | $10.1M | $64.2M | 10x |
Aevo USELESS-PERP
OKX USELESS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$27.72
- Price spread: −0.049% → 0.000%
- −$4.92
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$58.64
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago | 1.24 bp | 23.2 bp −$23 | 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 | 0.2848 | +0.014% | $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-SWAPshort | +0.0100% | 4h | 0.2846 | −0.049% | $10.1M | $64.2M | 10x | |
| 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 | −0.183% | $5.3M | $9.7M | 12x | as long as short |
| ApeX Omni USELESSUSDT | +0.0281% | 1h | 0.2848 | +0.025% | $40K | $699K | 25x | as long as short |
Lighter USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
ApeX Omni USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0426% | 4h | 0.2841 | −0.239% | $7.1M | $7.9M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0526% | 4h | 0.2846 | −0.035% | $5.5M | $8.9M | 20x | as long as short |
| Binance USELESSUSDT | +0.0591% | 4h | 0.2847 | +0.004% | $24.3M | $110.8M | 50x | as long as short |
| Extended USELESS-USD | +0.0592% | 1h | 0.2847 | +0.007% | $299K | $968K | 5x | as long as short |
| MEXC USELESS_USDT | +0.0594% | 4h | 0.2848 | +0.028% | $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 | 0.2848 | +0.007% | — | $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 | +0.049% | $28.9M | $43.1M | 13x | as long as short |
| Hyperliquid USELESS | +0.1523% | 1h | 0.2850 | +0.105% | $14.6M | $19.8M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1534% | 4h | 0.2853 | +0.183% | $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 |
Gate USELESS_USDT
Bitget USELESSUSDT
Binance USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
edgeX USELESSUSDC
BingX USELESS-USDT
Orderly PERP_USELESS_USDC
Aster USELESSUSDT
Variational Omni USELESS
Bybit USELESSUSDT
Hyperliquid USELESS
BloFin USELESS-USDT
Injective USELESS/USDC PERP