Funding you earn now, next payment 22:00 UTC−0.1038%/8h= −113.7% APRpaid last 24h −0.109%
Price spread now: Aevo against BingX−0.414%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$31 a day on $10k at the current rate, and Aevo is 0.414% cheaper against BingX than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX USELESS-USDT | 0.2962 | 0.1278 | pay 0.0639% / 4h | 2h 25m | — | $4.9M | — |
| Short | Aevo USELESS-PERP | 0.2950 | 0.0240 | get 0.0030% / 1h | 25m 05s | $11K | — | 3x |
BingX USELESS-USDT
Aevo USELESS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against BingX. 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
- −$217.98
- Price spread: −0.414% → 0.000%
- −$41.42
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$285.4
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 5 min ago; Aevo: 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 BingX live order book, 5 min ago | 2.86 bp | 16.8 bp −$17 | 68.4 bp −$684 | 379.8 bp −$38.0K | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | 0.2956 | −0.216% | $1.4M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2953 | −0.305% | $33K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2959 | −0.095% | $10.6M | $66.2M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2954 | −0.263% | $29K | $137K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2959 | −0.115% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2943 | −0.635% | $20K | $379K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2946 | −0.550% | $587K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0218% | 4h | 0.2950 | −0.419% | $5.5M | $9.6M | 12x | as long as short |
| Aevo USELESS-PERPshort | +0.0240% | 1h | 0.2950 | −0.414% | $11K | — | 3x | |
| Gate USELESS_USDT | +0.0432% | 4h | 0.2950 | −0.415% | $7.3M | $7.8M | 50x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Gate USELESS_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni USELESSUSDT | +0.0470% | 1h | 0.2959 | −0.105% | $42K | $698K | 25x | as long as short |
| Bitget USELESSUSDT | +0.0550% | 4h | 0.2953 | −0.294% | $5.6M | $8.7M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0653% | 4h | 0.2965 | +0.083% | $22K | $189K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0666% | 4h | 0.2957 | −0.165% | $10.5M | $5.8M | 50x | as long as short |
| Binance USELESSUSDT | +0.0676% | 4h | 0.2964 | +0.051% | $25.6M | $109.2M | 50x | as long as short |
| Extended USELESS-USD | +0.0680% | 1h | 0.2950 | −0.401% | $312K | $967K | 5x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1178% | 4h | 0.2952 | −0.344% | $22K | $1.4M | 10x | as long as short |
| BingX USELESS-USDTlong | +0.1278% | 4h | 0.2962 | long leg | — | $4.9M | — | |
| Variational Omni USELESS | +0.1334% | 4h | 0.2964 | +0.051% | $1.2M | $1.6M | — | as long as short |
| Bybit USELESSUSDT | +0.1366% | 4h | 0.2962 | 0.000% | $29.8M | $42.5M | 13x | as long as short |
| Aster USELESSUSDT | +0.1395% | 4h | 0.2954 | −0.279% | $682K | $2.1M | 10x | as long as short |
| Hyperliquid USELESS | +0.1601% | 1h | 0.2965 | +0.101% | $15.2M | $19.6M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1785% | 4h | 0.2957 | −0.159% | $1.2M | $2.0M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3137 | +5.891% | $5K | $10K | 5.5x | as long as short |
ApeX Omni USELESSUSDT
Bitget USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
Orderly PERP_USELESS_USDC
Variational Omni USELESS
Bybit USELESSUSDT
Aster USELESSUSDT
Hyperliquid USELESS
BloFin USELESS-USDT
Injective USELESS/USDC PERP