USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.4802%/8h= +525.8% APRnext payment +$6.00 per $10,000 · paid last 24h −1.199%

Price spread now: Injective against ApeX Omni+7.276%7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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 for this trade now. Funding pays +$144 a day on $10k at the current rate, and Injective is 7.276% dearer against ApeX Omni than usual: you sell high and buy low: +$728 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni USELESSUSDT	0.2735	0.0198	pay 0.0025% / 1h	20m 43s	$38K	$699K	25x
Short	Injective USELESS/USDC PERP	0.2934	0.5000	get 0.0625% / 1h	20m 43s	$5K	$9K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 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 ApeX OmnibpFee InjectivebpOrdersPrice spread, now +7.276%Rate

Funding earned: $1,008.32
Price spread: +7.276% → 0.000%: $727.61
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,725.9
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: ApeX Omni: live order book, 63 min ago; Injective: no order-book sample. 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 ApeX Omni live order book, 63 min ago	10.22 bp	18.5 bp −$18	117.2 bp −$1,172	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	0.2732	−0.091%	$1.3M	$1.1M	3x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2738	+0.121%	$30K	$70K	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0100%	4h	0.2731	−0.150%	$9.6M	$63.1M	10x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2727	−0.285%	$26K	$145K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2728	−0.249%	—	$1.4M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.2737	+0.088%	$18K	$489K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.2722	−0.494%	$558K	$1.2M	20x	as long as short
ApeX Omni USELESSUSDTlong	+0.0198%	1h	0.2735	long leg	$38K	$699K	25x
Aevo USELESS-PERP	+0.0200%	1h	0.2730	−0.171%	$10K	—	3x	as long as short
KuCoin USELESSUSDTM	+0.0332%	4h	0.2728	−0.267%	$5.1M	$9.9M	12x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate USELESS_USDT	+0.0372%	4h	0.2730	−0.201%	$6.8M	$8.0M	50x	as long as short
Binance USELESSUSDT	+0.0491%	4h	0.2730	−0.176%	$23.1M	$113.7M	50x	as long as short
edgeX USELESSUSDC	+0.0492%	4h	0.2737	+0.088%	$20K	$191K	10x	as long as short
Extended USELESS-USD	+0.0496%	1h	0.2731	−0.152%	$287K	$965K	5x	as long as short
MEXC USELESS_USDT	+0.0500%	4h	0.2730	−0.183%	$9.9M	$5.9M	50x	as long as short
Bitget USELESSUSDT	+0.0514%	4h	0.2729	−0.212%	$5.2M	$9.1M	20x	as long as short
Hyperliquid USELESS	+0.0879%	1h	0.2732	−0.113%	$13.3M	$20.6M	3x	as long as short
Aster USELESSUSDT	+0.1134%	4h	0.2732	−0.120%	$641K	$2.2M	10x	as long as short
Orderly PERP_USELESS_USDC	+0.1260%	4h	0.2737	+0.062%	$21K	$1.4M	10x	as long as short
BingX USELESS-USDT	+0.1294%	4h	0.2731	−0.139%	—	$5.0M	—	as long as short
Bybit USELESSUSDT	+0.1388%	4h	0.2725	−0.362%	$27.2M	$44.6M	13x	as long as short
Variational Omni USELESS	+0.1473%	4h	0.2741	+0.231%	$1.1M	$1.8M	—	as long as short
BloFin USELESS-USDT	+0.1790%	4h	0.2735	−0.015%	$1.2M	$1.9M	12x	as long as short
Injective USELESS/USDC PERPshort	+0.5000%	1h	0.2934	+7.276%	$5K	$9K	5.5x