Funding you earn now, next payment 09:00 UTC−0.1245%/8h= −136.4% APRpaid last 24h −0.116%
Price spread now: Aevo against Bybit−0.094%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 −$37 a day on $10k at the current rate, and Aevo is 0.094% cheaper against Bybit than usual: you would sell low and buy high (−$9 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 | Bybit USELESSUSDT | 0.3007 | 0.1477 | pay 0.0739% / 4h | 3h 03m | $30.2M | $53.2M | 13x |
| Short | Aevo USELESS-PERP | 0.3004 | 0.0232 | get 0.0029% / 1h | 3m 10s | $11K | — | 3x |
Bybit USELESSUSDT
Aevo USELESS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Bybit. 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
- −$261.55
- Price spread: −0.094% → 0.000%
- −$9.41
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$297.96
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 1.00 bp | 15.7 bp −$16 | 35.1 bp −$351 | doesn't fit | 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 | 0.3004 | −0.110% | $1.4M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2998 | −0.296% | $32K | $19K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.3002 | −0.166% | $11.1M | $78.0M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0100% | 4h | 0.2999 | −0.276% | $5.5M | $10.9M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0100% | 4h | 0.3004 | −0.096% | $5.9M | $11.4M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2998 | −0.316% | $29K | $284K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.3006 | −0.043% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2984 | −0.785% | $40K | $561K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2998 | −0.313% | $682K | $1.3M | 20x | as long as short |
| Aevo USELESS-PERPshort | +0.0232% | 1h | 0.3004 | −0.094% | $11K | — | 3x |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTM
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster USELESSUSDT | +0.0334% | 4h | 0.3000 | −0.219% | $659K | $2.3M | 10x | as long as short |
| Gate USELESS_USDT | +0.0446% | 4h | 0.3000 | −0.219% | $7.6M | $9.3M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0593% | 4h | 0.3019 | +0.403% | $23K | $200K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0598% | 4h | 0.3005 | −0.067% | $15.1M | $7.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0598% | 4h | 0.3002 | −0.170% | $26.1M | $134.1M | 50x | as long as short |
| Extended USELESS-USD | +0.0600% | 1h | 0.3002 | −0.156% | $288K | $1.6M | 5x | as long as short |
| ApeX Omni USELESSUSDT | +0.0892% | 1h | 0.3011 | +0.130% | $56K | $691K | 25x | as long as short |
| Orderly PERP_USELESS_USDC | +0.0979% | 4h | 0.3003 | −0.153% | $22K | $2.0M | 10x | as long as short |
| Variational Omni USELESS | +0.1026% | 4h | 0.3028 | +0.705% | $1.3M | $1.8M | — | as long as short |
| Hyperliquid USELESS | +0.1242% | 1h | 0.3007 | 0.000% | $13.7M | $24.0M | 3x | as long as short |
| BingX USELESS-USDT | +0.1332% | 4h | 0.3006 | −0.050% | — | $5.7M | — | as long as short |
| Bybit USELESSUSDTlong | +0.1477% | 4h | 0.3007 | long leg | $30.2M | $53.2M | 13x | |
| BloFin USELESS-USDT | +0.1887% | 4h | 0.3005 | −0.073% | $1.3M | $2.4M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3188 | +6.029% | $5K | $11K | 5.5x | as long as short |
Aster USELESSUSDT
Gate USELESS_USDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
ApeX Omni USELESSUSDT
Orderly PERP_USELESS_USDC
Variational Omni USELESS
Hyperliquid USELESS
BingX USELESS-USDT
BloFin USELESS-USDT
Injective USELESS/USDC PERP