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

USELESS

all USELESS markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$91
spread now+1.111%7d average−0.074%fees + slippage, in and out−$209spread needed2.091%
Long on ApeX OmniShort on Extended
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni USELESSUSDT0.27510.0100pay 0.0013% / 1h52m 20s$41K$679K25x
ShortExtended USELESS-USD0.27820.0432get 0.0054% / 1h52m 20s$262K$915K5x

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
$111.15
Funding while held
$9.96
Slippage, 4 orders
−$194.15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$88.04
Spread needed to break even
2.091%
Slippage from ApeX Omni: live order book, 62 min ago; Extended: live order book, 62 min ago.

Cost of waiting

funding view
Funding /8h
+0.0332%
Per $10,000 a day
+$9.96
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, 62 min ago10.85 bp18.6 bp −$19112.7 bp −$1,127doesn't fitdoesn't fit
Sell Extended live order book, 62 min ago67.30 bp86.0 bp −$86doesn't fitdoesn't fitdoesn't fit

USELESS price on every exchange

against the cheapest. Click to use as the short leg.
ApeX Omni0.2751cheapest
edgeX0.2754+0.107%Variational Omni0.2754+0.123%HTX0.2762+0.411%Phemex0.2771+0.716%Gate0.2776+0.912%Pacifica0.2777+0.941%BloFin0.2779+1.025%KuCoin0.2780+1.051%OKX0.2780+1.054%Bybit0.2780+1.061%Aster0.2780+1.066%Polymarket Perps0.2780+1.069%Lighter0.2781+1.083%
Extended0.2782+1.111%
Binance0.2782+1.123%Aevo0.2782+1.127%Orderly0.2782+1.134%SunX0.2782+1.138%BingX0.2782+1.141%Bitget0.2783+1.167%MEXC0.2785+1.243%Hyperliquid0.2789+1.399%
Injective0.3030+10.145%

USELESS on 24 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni USELESSUSDTlong0.000%+0.0100%1h$41K$679K25x
edgeX USELESSUSDC+0.107%+0.0408%4h$21K$183K10xas long as short
Variational Omni USELESS+0.123%+0.0600%4h$1.2M$1.5M—as long as short
HTX USELESS-USDT+0.411%+0.0100%4h$21K$300K20xas long as short
Phemex USELESSUSDT+0.716%+0.0100%4h$502K$1.4M20xas long as short
Gate USELESS_USDT+0.912%+0.0100%4h$6.4M$5.5M50xas long as short
Pacifica USELESS+0.941%+0.0100%1h$27K$103K3xas long as short
BloFin USELESS-USDT+1.025%+0.0690%4h$1.2M$1.6M12xas long as short
KuCoin USELESSUSDTM+1.051%+0.0100%4h$5.0M$6.5M12xas long as short
OKX USELESS-USDT-SWAP+1.054%+0.0100%4h$9.4M$51.1M10xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit USELESSUSDT+1.061%+0.0459%4h$26.9M$33.2M13xas long as short
Aster USELESSUSDT+1.066%+0.0888%4h$606K$1.2M10xas long as short
Polymarket Perps USELESS-USD+1.069%−0.2418%1h$54K$167K3xas long as short
Lighter USELESS+1.083%+0.0096%1h$1.3M$773K3xas long as short
Extended USELESS-USDshort+1.111%+0.0432%1h$262K$915K5x
Binance USELESSUSDT+1.123%+0.0430%4h$23.4M$82.6M50xas long as short
Aevo USELESS-PERP+1.127%+0.0184%1h$10K—3xas long as short
Orderly PERP_USELESS_USDC+1.134%+0.1085%4h$18K$1.4M10xas long as short
SunX USELESS-USDT+1.138%+0.0100%4h—$1.3M10xas long as short
BingX USELESS-USDT+1.141%+0.0472%4h—$3.9M—as long as short
Bitget USELESSUSDT+1.167%+0.0226%4h$5.3M$6.1M20xas long as short
MEXC USELESS_USDT+1.243%+0.0422%4h$16.9M$4.2M50xas long as short
Hyperliquid USELESS+1.399%+0.0947%1h$12.1M$13.0M3xas long as short
Injective USELESS/USDC PERP+10.145%−0.5000%1h$3K$18K5.5xas long as short