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−$63
spread now−0.020%7d average−0.016%fees + slippage, in and out−$63spread needed0.625%
Long on BinanceShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance USELESSUSDT0.28950.0421pay 0.0210% / 4h58m 52s$24.8M$95.6M50x
ShortBingX USELESS-USDT0.28940.0400get 0.0200% / 4h58m 52s—$4.5M—

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
−$1.98
Funding while held
−$0.62
Slippage, 4 orders
−$42.54
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$65.14
Spread needed to break even
0.625%
Slippage from Binance: live order book, just now; BingX: live order book, 13 min ago.

Cost of waiting

funding view
Funding /8h
−0.0021%
Per $10,000 a day
−$0.62
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 Binance live order book, just now1.38 bp17.0 bp −$1759.2 bp −$592doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago2.24 bp14.0 bp −$1439.0 bp −$390267.2 bp −$26.7Kdoesn't fit

USELESS price on every exchange

against the cheapest. Click to use as the short leg.
BloFin0.2883cheapestLighter0.2885+0.094%Phemex0.2886+0.132%Hyperliquid0.2889+0.236%Aster0.2890+0.249%OKX0.2892+0.312%Gate0.2892+0.312%KuCoin0.2893+0.347%Extended0.2893+0.354%MEXC0.2894+0.392%Bitget0.2894+0.413%
BingX0.2894+0.413%
Binance0.2895+0.433%
Bybit0.2895+0.444%Aevo0.2898+0.550%edgeX0.2900+0.594%HTX0.2903+0.718%Orderly0.2903+0.722%Pacifica0.2908+0.874%Variational Omni0.2910+0.951%ApeX Omni0.2912+1.020%Polymarket Perps0.2913+1.058%SunX0.2918+1.242%
Injective0.3082+6.903%

USELESS on 24 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin USELESS-USDT−0.431%+0.0430%4h$1.2M$1.8M12xas long as short
Lighter USELESS−0.338%+0.0096%1h$1.3M$946K3xas long as short
Phemex USELESSUSDT−0.300%+0.0100%4h$545K$1.3M20xas long as short
Hyperliquid USELESS−0.196%+0.0100%1h$13.6M$15.9M3xas long as short
Aster USELESSUSDT−0.183%+0.0923%4h$668K$2.0M10xas long as short
OKX USELESS-USDT-SWAP−0.120%+0.0100%4h$10.0M$59.4M10xas long as short
Gate USELESS_USDT−0.120%+0.0100%4h$7.0M$6.7M50xas long as short
KuCoin USELESSUSDTM−0.085%+0.0100%4h$5.2M$8.2M12xas long as short
Extended USELESS-USD−0.078%+0.0424%1h$264K$920K5xas long as short
MEXC USELESS_USDT−0.041%+0.0422%4h$19.7M$5.0M50xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget USELESSUSDT−0.020%+0.0166%4h$5.5M$7.3M20xas long as short
BingX USELESS-USDTshort−0.020%+0.0400%4h—$4.5M—
Binance USELESSUSDTlong0.000%+0.0421%4h$24.8M$95.6M50x
Bybit USELESSUSDT+0.011%+0.0185%4h$28.4M$37.7M13xas long as short
Aevo USELESS-PERP+0.116%+0.0184%1h$10K—3xas long as short
edgeX USELESSUSDC+0.160%+0.0420%4h$22K$188K10xas long as short
HTX USELESS-USDT+0.284%+0.0100%4h$20K$348K20xas long as short
Orderly PERP_USELESS_USDC+0.288%+0.0894%4h$22K$1.4M10xas long as short
Pacifica USELESS+0.439%+0.0100%1h$32K$76K3xas long as short
Variational Omni USELESS+0.516%+0.0288%4h$1.2M$1.5M—as long as short
ApeX Omni USELESSUSDT+0.585%+0.0100%1h$36K$691K25xas long as short
Polymarket Perps USELESS-USD+0.623%+0.0100%1h$28K$109K3xas long as short
SunX USELESS-USDT+0.806%+0.0100%4h—$1.3M10xas long as short
Injective USELESS/USDC PERP+6.443%+0.4654%1h$5K$14K5.5xas long as short