data as of
Settings8H · net · $10k
Price arb /

USELESS

all USELESS markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$99
spread now−0.361%7d average−0.059%fees + slippage, in and out−$69spread needed0.689%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni USELESSUSDT0.29120.0100pay 0.0013% / 1h59m 15s$36K$691K25x
ShortAster USELESSUSDT0.29020.0923get 0.0461% / 4h59m 15s$670K$2.0M10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$36.06
Funding while held
$24.68
Slippage, 4 orders
−$50.91
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$80.28
Spread needed to break even
0.689%
Slippage from ApeX Omni: live order book, 36 min ago; Aster: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
+0.0823%
Per $10,000 a day
+$24.68
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 36 min ago10.58 bp18.4 bp −$1897.7 bp −$977doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago6.00 bp15.9 bp −$1661.9 bp −$619doesn't fitdoesn't fit

USELESS price on every exchange

against the cheapest. Click to use as the short leg.

USELESS on 24 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin USELESS-USDT−1.010%+0.0430%4h$1.2M$1.8M12xas long as short
Lighter USELESS−0.917%+0.0096%1h$1.3M$946K3xas long as short
Phemex USELESSUSDT−0.879%+0.0100%4h$545K$1.3M20xas long as short
Binance USELESSUSDT−0.786%+0.0421%4h$24.8M$95.5M50xas long as short
Bitget USELESSUSDT−0.704%+0.0166%4h$5.5M$7.2M20xas long as short
Aevo USELESS-PERP−0.466%+0.0184%1h$10K3xas long as short
edgeX USELESSUSDC−0.422%+0.0420%4h$22K$188K10xas long as short
OKX USELESS-USDT-SWAP−0.412%+0.0100%4h$10.0M$59.6M10xas long as short
Aster USELESSUSDTshort−0.361%+0.0923%4h$670K$2.0M10x
Bybit USELESSUSDT−0.340%+0.0185%4h$28.5M$37.6M13xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended USELESS-USD−0.316%+0.0424%1h$265K$920K5xas long as short
HTX USELESS-USDT−0.299%+0.0100%4h$20K$348K20xas long as short
Orderly PERP_USELESS_USDC−0.295%+0.0894%4h$22K$1.4M10xas long as short
Gate USELESS_USDT−0.288%+0.0100%4h$7.0M$6.7M50xas long as short
BingX USELESS-USDT−0.282%+0.0400%4h$4.5Mas long as short
KuCoin USELESSUSDTM−0.196%+0.0100%4h$5.3M$8.2M12xas long as short
Pacifica USELESS−0.145%+0.0100%1h$32K$76K3xas long as short
Variational Omni USELESS−0.068%+0.0288%4h$1.2M$1.5Mas long as short
ApeX Omni USELESSUSDTlong0.000%+0.0100%1h$36K$691K25x
MEXC USELESS_USDT+0.034%+0.0422%4h$19.8M$5.0M50xas long as short
Polymarket Perps USELESS-USD+0.038%+0.0100%1h$28K$109K3xas long as short
Hyperliquid USELESS+0.041%+0.0684%1h$13.8M$15.8M3xas long as short
SunX USELESS-USDT+0.220%+0.0100%4h$1.3M10xas long as short
Injective USELESS/USDC PERP+5.824%+0.4654%1h$5K$14K5.5xas long as short