USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance+0.018%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$400.400% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.029%−$3 · spread now +0.018%, 7d avg 0.000%

Together, before fees−0.029%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance USELESSUSDT	0.3141	0.1226	pay 0.0613% / 4h	3h 23m	$28.5M	$137.6M	50x
Short	MEXC USELESS_USDT	0.3142	0.1224	get 0.0612% / 4h	3h 23m	$20.9M	$7.9M	50x

Funding history

latest

Range statsloading…

MEXC against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BinancebpFee MEXCbpOrdersPrice spread, now +0.018%Rate

Slippage from Binance: live order book, 13 min ago; MEXC: live order book, 3 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 13 min ago	1.74 bp	13.5 bp −$13	41.5 bp −$415	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.16 bp	7.2 bp −$7	44.5 bp −$445	162.2 bp −$16.2K	doesn't fit

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
Pacifica USELESS	+0.0100%	1h	0.3144	+0.100%	$33K	$19K	3x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.3141	−0.010%	$30K	$291K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.3153	+0.388%	—	$1.2M	10x	as long as short
HTX USELESS-USDT	+0.0100%	4h	0.3139	−0.084%	$30K	$581K	20x	as long as short
Phemex USELESSUSDT	+0.0100%	4h	0.3138	−0.093%	$763K	$1.2M	20x	as long as short
Aevo USELESS-PERP	+0.0384%	1h	0.3149	+0.251%	$11K	—	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0394%	4h	0.3140	−0.039%	$12.3M	$78.4M	10x	as long as short
KuCoin USELESSUSDTM	+0.0686%	4h	0.3141	−0.007%	$6.0M	$10.0M	10x	as long as short
Lighter USELESS	+0.0784%	1h	0.3144	+0.085%	$1.4M	$1.2M	3x	as long as short
ApeX Omni USELESSUSDT	+0.0825%	1h	0.3138	−0.103%	$61K	$693K	25x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster USELESSUSDT	+0.0846%	4h	0.3138	−0.096%	$683K	$2.4M	10x	as long as short
Gate USELESS_USDT	+0.0848%	4h	0.3138	−0.093%	$8.1M	$8.9M	50x	as long as short
Bitget USELESSUSDT	+0.1016%	4h	0.3142	+0.031%	$6.2M	$11.5M	20x	as long as short
edgeX USELESSUSDC	+0.1216%	4h	0.3145	+0.107%	$24K	$202K	10x	as long as short
Extended USELESS-USD	+0.1224%	1h	0.3145	+0.107%	$312K	$2.2M	5x	as long as short
MEXC USELESS_USDTshort	+0.1224%	4h	0.3142	+0.018%	$20.9M	$7.9M	50x
Binance USELESSUSDTlong	+0.1226%	4h	0.3141	long leg	$28.5M	$137.6M	50x
BingX USELESS-USDT	+0.1564%	4h	0.3141	+0.006%	—	$5.8M	—	as long as short
Bybit USELESSUSDT	+0.1569%	4h	0.3141	−0.014%	$31.8M	$52.7M	13x	as long as short
Hyperliquid USELESS	+0.1631%	1h	0.3145	+0.120%	$15.6M	$21.9M	3x	as long as short
Orderly PERP_USELESS_USDC	+0.1767%	4h	0.3144	+0.082%	$26K	$1.6M	10x	as long as short
Variational Omni USELESS	+0.1933%	4h	0.3144	+0.089%	$1.2M	$2.0M	—	as long as short
BloFin USELESS-USDT	+0.2360%	4h	0.3149	+0.244%	$1.5M	$2.5M	12x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.3153	+0.375%	$5K	$18K	5.5x	as long as short