Funding you earn now, next payment 04:00 UTC+0.4248%/8h= +465.1% APRpaid last 24h −0.634%
Price spread now: Injective against BloFin+5.921%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 +$127 a day on $10k at the current rate, and Injective is 5.921% dearer against BloFin than usual: you sell high and buy low: +$592 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 | BloFin USELESS-USDT | 0.2582 | 0.0752 | pay 0.0376% / 4h | 23m 03s | $1.1M | $1.9M | 12x |
| Short | Injective USELESS/USDC PERP | 0.2735 | 0.5000 | get 0.0625% / 1h | 23m 03s | $5K | $11K | 5.5x |
BloFin USELESS-USDT
Injective USELESS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BloFin. 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
- $892.06
- Price spread: +5.921% → 0.000%
- $592.06
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,472.1
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 10 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 BloFin live order book, 10 min ago | 4.88 bp | 14.3 bp −$14 | 39.5 bp −$395 | 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 | 0.2585 | +0.089% | $1.2M | $1.2M | 3x | as long as short |
| Hyperliquid USELESS | +0.0100% | 1h | 0.2587 | +0.192% | $11.5M | $22.4M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2584 | +0.065% | $29K | $64K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2584 | +0.058% | $31K | $224K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2587 | +0.174% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2584 | +0.039% | $17K | $522K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2584 | +0.043% | $579K | $1.0M | 20x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0192% | 4h | 0.2582 | 0.000% | $8.9M | $63.3M | 10x | as long as short |
| Aevo USELESS-PERP | +0.0192% | 1h | 0.2587 | +0.184% | $9K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0230% | 4h | 0.2585 | +0.101% | $4.7M | $10.7M | 12x | as long as short |
Lighter USELESS
Hyperliquid USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
OKX USELESS-USDT-SWAP
Aevo USELESS-PERP
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0260% | 4h | 0.2583 | +0.027% | $6.4M | $8.7M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0324% | 4h | 0.2583 | +0.012% | $4.9M | $10.5M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0339% | 1h | 0.2574 | −0.329% | $33K | $693K | 25x | as long as short |
| Extended USELESS-USD | +0.0432% | 1h | 0.2586 | +0.148% | $112K | $1.2M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0434% | 4h | 0.2587 | +0.167% | $10.4M | $6.2M | 50x | as long as short |
| Binance USELESSUSDT | +0.0436% | 4h | 0.2585 | +0.108% | $21.6M | $122.6M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0441% | 4h | 0.2578 | −0.169% | $19K | $196K | 10x | as long as short |
| Aster USELESSUSDT | +0.0489% | 4h | 0.2582 | −0.031% | $511K | $2.4M | 10x | as long as short |
| BingX USELESS-USDT | +0.0498% | 4h | 0.2586 | +0.116% | — | $5.2M | — | as long as short |
| Bybit USELESSUSDT | +0.0498% | 4h | 0.2582 | −0.027% | $24.5M | $48.5M | 13x | as long as short |
| Variational Omni USELESS | +0.0681% | 4h | 0.2564 | −0.708% | $1.0M | $1.8M | — | as long as short |
| BloFin USELESS-USDTlong | +0.0752% | 4h | 0.2582 | long leg | $1.1M | $1.9M | 12x | |
| Orderly PERP_USELESS_USDC | +0.1328% | 4h | 0.2587 | +0.167% | $19K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERPshort | +0.5000% | 1h | 0.2735 | +5.921% | $5K | $11K | 5.5x |
Gate USELESS_USDT
Bitget USELESSUSDT
ApeX Omni USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
Binance USELESSUSDT
edgeX USELESSUSDC
Aster USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Orderly PERP_USELESS_USDC