Spread before costs (cost unknown: a leg has no order-book sample)−0.044%
7d average—if it closes, per $10,000$4funding while held, a day−$9.35
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin USELESS-USDT | 0.2872 | 0.0412 | pay 0.0206% / 4h | 56m 27s | $1.2M | $1.8M | 12x |
| Short | Pacifica USELESS | 0.2871 | 0.0100 | get 0.0013% / 1h | 56m 27s | $32K | $76K | 3x |
BloFin USELESS-USDT
Pacifica USELESSPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$4.42
- Funding while held
- −$9.35
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$33.77
- Spread needed to break even
- 0.200%
Slippage unknown: BloFin: live order book, 3 min ago; Pacifica: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0312%
- Per $10,000 a day
- −$9.35
- Average in range /8h
- —
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, 3 min ago | 2.76 bp | 17.9 bp −$18 | 46.1 bp −$461 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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 price on every exchange
against the cheapest. Click to use as the short leg.OKX0.2868cheapestBitget0.2868+0.014%KuCoin0.2868+0.017%Gate0.2868+0.028%Lighter0.2869+0.031%MEXC0.2869+0.031%Hyperliquid0.2869+0.038%Bybit0.2870+0.066%Polymarket Perps0.2870+0.066%Extended0.2870+0.097%
OKX
Bitget
KuCoin
Gate
Lighter
MEXC
Hyperliquid
Bybit
Polymarket Perps
ExtendedPacifica0.2871+0.102%
BingX0.2871+0.115%Binance0.2872+0.140%
BingX
BinanceBloFin0.2872+0.146%
Aster0.2873+0.202%HTX0.2876+0.279%Phemex0.2876+0.300%Aevo0.2880+0.437%Orderly0.2880+0.439%SunX0.2888+0.718%edgeX0.2898+1.054%ApeX Omni0.2900+1.126%Variational Omni0.2910+1.476%
Aster
HTX
Phemex
Aevo
Orderly
SunX
ApeX Omni
Variational OmniInjective0.3088+7.696%
InjectiveUSELESS on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX USELESS-USDT-SWAP | −0.146% | +0.0100% | 4h | $9.8M | $59.0M | 10x | as long as short |
| Bitget USELESSUSDT | −0.132% | +0.0158% | 4h | $5.5M | $7.3M | 20x | as long as short |
| KuCoin USELESSUSDTM | −0.129% | +0.0100% | 4h | $5.2M | $8.2M | 12x | as long as short |
| Gate USELESS_USDT | −0.118% | +0.0100% | 4h | $6.9M | $6.7M | 50x | as long as short |
| Lighter USELESS | −0.115% | +0.0096% | 1h | $1.3M | $946K | 3x | as long as short |
| MEXC USELESS_USDT | −0.115% | +0.0414% | 4h | $19.5M | $5.0M | 50x | as long as short |
| Hyperliquid USELESS | −0.108% | +0.0100% | 1h | $13.4M | $16.0M | 3x | as long as short |
| Bybit USELESSUSDT | −0.080% | +0.0150% | 4h | $28.1M | $37.7M | 13x | as long as short |
| Polymarket Perps USELESS-USD | −0.080% | +0.0100% | 1h | $27K | $110K | 3x | as long as short |
| Extended USELESS-USD | −0.049% | +0.0416% | 1h | $262K | $920K | 5x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica USELESSshort | −0.044% | +0.0100% | 1h | $32K | $76K | 3x | |
| BingX USELESS-USDT | −0.031% | +0.0400% | 4h | — | $4.5M | — | as long as short |
| Binance USELESSUSDT | −0.006% | +0.0416% | 4h | $24.6M | $95.8M | 50x | as long as short |
| BloFin USELESS-USDTlong | 0.000% | +0.0412% | 4h | $1.2M | $1.8M | 12x | |
| Aster USELESSUSDT | +0.056% | +0.0895% | 4h | $664K | $2.0M | 10x | as long as short |
| HTX USELESS-USDT | +0.132% | +0.0100% | 4h | $20K | $348K | 20x | as long as short |
| Phemex USELESSUSDT | +0.153% | +0.0100% | 4h | $543K | $1.3M | 20x | as long as short |
| Aevo USELESS-PERP | +0.290% | +0.0184% | 1h | $10K | — | 3x | as long as short |
| Orderly PERP_USELESS_USDC | +0.292% | +0.0892% | 4h | $22K | $1.4M | 10x | as long as short |
| SunX USELESS-USDT | +0.571% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| edgeX USELESSUSDC | +0.907% | +0.0411% | 4h | $22K | $186K | 10x | as long as short |
| ApeX Omni USELESSUSDT | +0.978% | +0.0100% | 1h | $36K | $691K | 25x | as long as short |
| Variational Omni USELESS | +1.327% | +0.0288% | 4h | $1.2M | $1.5M | — | as long as short |
| Injective USELESS/USDC PERP | +7.539% | +0.4654% | 1h | $5K | $14K | 5.5x | as long as short |