Funding you earn now, next payment 11:00 UTC+0.0179%/8h= +19.6% APRpaid last 24h +0.052%
Price spread now: edgeX against ApeX Omni−0.278%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2042.036% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)+0.436%+$44 · spread now −0.278%, 7d avg +0.041%
=Together, before fees+0.549%+ Points / potential airdropedgeX: Active · farm board+$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.319% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.278% now, against its 7-day average of +0.041%). If the spread goes back, that is −$32 on $10k: about 6.0 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.113% in total) that is about 20 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni USELESSUSDT | 0.2937 | 0.0377 | pay 0.0047% / 1h | 56m 39s | $56K | $688K | 25x |
| Short | edgeX USELESSUSDC | 0.2929 | 0.0555 | get 0.0278% / 4h | 1h 56m | $22K | $202K | 10x |
ApeX Omni USELESSUSDT
edgeX USELESSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against ApeX Omni. 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
- $37.51
- Price spread: −0.278% → +0.041%
- −$31.9
- Slippage, 4 orders
- −$184.58
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$197.97
- Costs to cover
- 2.036%
- Break-even
- 43.9 days
Slippage from ApeX Omni: live order book, 55 min ago; edgeX: live order book, 53 min ago.
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 ApeX Omni live order book, 55 min ago | 5.12 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 53 min ago | 0.68 bp | 74.2 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
USELESS on 24 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USELESS/USDC PERP | +0.0033% | 1h | 0.3187 | +8.526% | $5K | $10K | 5.5x | as long as short |
| Lighter USELESS | +0.0096% | 1h | 0.2962 | +0.834% | $1.4M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2956 | +0.662% | $31K | $18K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2950 | +0.432% | $29K | $284K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2953 | +0.538% | — | $1.3M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2952 | +0.514% | $39K | $546K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2948 | +0.375% | $691K | $1.3M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0118% | 4h | 0.2961 | +0.824% | $5.5M | $10.6M | 12x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0125% | 4h | 0.2965 | +0.940% | $11.0M | $74.5M | 10x | as long as short |
| Aevo USELESS-PERP | +0.0232% | 1h | 0.2947 | +0.347% | $11K | — | 3x | as long as short |
Injective USELESS/USDC PERP
Lighter USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
OKX USELESS-USDT-SWAP
Aevo USELESS-PERPShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USELESSUSDT | +0.0248% | 4h | 0.2962 | +0.865% | $5.8M | $10.8M | 20x | as long as short |
| Gate USELESS_USDT | +0.0338% | 4h | 0.2957 | +0.681% | $7.4M | $8.3M | 50x | as long as short |
| ApeX Omni USELESSUSDTlong | +0.0377% | 1h | 0.2937 | long leg | $56K | $688K | 25x | |
| Aster USELESSUSDT | +0.0461% | 4h | 0.2964 | +0.933% | $642K | $2.4M | 10x | as long as short |
| edgeX USELESSUSDCshort | +0.0555% | 4h | 0.2929 | −0.278% | $22K | $202K | 10x | |
| Extended USELESS-USD | +0.0592% | 1h | 0.2963 | +0.887% | $281K | $1.7M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0592% | 4h | 0.2964 | +0.930% | $15.6M | $7.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0602% | 4h | 0.2964 | +0.930% | $25.5M | $131.6M | 50x | as long as short |
| Hyperliquid USELESS | +0.0960% | 1h | 0.2964 | +0.919% | $13.7M | $23.3M | 3x | as long as short |
| BingX USELESS-USDT | +0.1048% | 4h | 0.2963 | +0.892% | — | $5.7M | — | as long as short |
| Orderly PERP_USELESS_USDC | +0.1106% | 4h | 0.2959 | +0.756% | $24K | $1.9M | 10x | as long as short |
| Variational Omni USELESS | +0.1137% | 4h | 0.2922 | −0.498% | $1.2M | $1.9M | — | as long as short |
| Bybit USELESSUSDT | +0.1139% | 4h | 0.2963 | +0.889% | $29.2M | $52.3M | 13x | as long as short |
| BloFin USELESS-USDT | +0.1434% | 4h | 0.2955 | +0.616% | $1.3M | $2.3M | 12x | as long as short |
Bitget USELESSUSDT
Gate USELESS_USDT
Aster USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
Binance USELESSUSDT
Hyperliquid USELESS
BingX USELESS-USDT
Orderly PERP_USELESS_USDC
Variational Omni USELESS
Bybit USELESSUSDT
BloFin USELESS-USDT