Spread before costs (cost unknown: a leg has no order-book sample)−0.762%
7d average—if it closes, per $10,000$76funding while held, a day−$6.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX USELESSUSDC | 0.2767 | 0.0424 | pay 0.0212% / 4h | 56m 59s | $21K | $182K | 10x |
| Short | Aevo USELESS-PERP | 0.2746 | 0.0192 | get 0.0024% / 1h | 56m 59s | $10K | — | 3x |
Aevo USELESS-PERPPrice 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
- −$76.17
- Funding while held
- −$6.96
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$108.13
- Spread needed to break even
- 0.250%
Slippage unknown: edgeX: live order book, 56 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0232%
- Per $10,000 a day
- −$6.96
- 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 edgeX live order book, 56 min ago | 5.61 bp | 174.3 bp −$174 | doesn't fit | 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 price on every exchange
against the cheapest. Click to use as the short leg.Polymarket Perps0.2742cheapest
Polymarket PerpsAevo0.2746+0.135%
HTX0.2747+0.190%Aster0.2748+0.237%KuCoin0.2748+0.241%Orderly0.2749+0.277%MEXC0.2750+0.295%Lighter0.2750+0.314%SunX0.2752+0.372%BloFin0.2753+0.394%Gate0.2753+0.401%Pacifica0.2753+0.412%OKX0.2753+0.427%Extended0.2754+0.451%Bybit0.2754+0.463%Phemex0.2755+0.470%Binance0.2756+0.532%Bitget0.2756+0.532%BingX0.2757+0.536%Hyperliquid0.2758+0.582%ApeX Omni0.2762+0.737%Variational Omni0.2771+1.073%
HTX
Aster
KuCoin
Orderly
MEXC
Lighter
SunX
BloFin
Gate
Pacifica
OKX
Extended
Bybit
Phemex
Binance
Bitget
BingX
Hyperliquid
ApeX Omni
Variational OmniInjective0.3030+10.515%
InjectiveUSELESS on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps USELESS-USD | −0.896% | +0.0100% | 1h | $53K | $167K | 3x | as long as short |
| Aevo USELESS-PERPshort | −0.762% | +0.0192% | 1h | $10K | — | 3x | |
| HTX USELESS-USDT | −0.708% | +0.0100% | 4h | $21K | $300K | 20x | as long as short |
| Aster USELESSUSDT | −0.661% | +0.0895% | 4h | $599K | $1.2M | 10x | as long as short |
| KuCoin USELESSUSDTM | −0.657% | +0.0100% | 4h | $4.9M | $6.5M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | −0.621% | +0.1084% | 4h | $18K | $1.4M | 10x | as long as short |
| MEXC USELESS_USDT | −0.603% | +0.0430% | 4h | $16.6M | $4.2M | 50x | as long as short |
| Lighter USELESS | −0.585% | +0.0096% | 1h | $1.3M | $773K | 3x | as long as short |
| SunX USELESS-USDT | −0.527% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| BloFin USELESS-USDT | −0.505% | +0.0738% | 4h | $1.1M | $1.6M | 12x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | −0.498% | +0.0100% | 4h | $6.4M | $5.5M | 50x | as long as short |
| Pacifica USELESS | −0.488% | +0.0100% | 1h | $27K | $103K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | −0.473% | +0.0100% | 4h | $9.3M | $50.6M | 10x | as long as short |
| Extended USELESS-USD | −0.449% | +0.0432% | 1h | $259K | $915K | 5x | as long as short |
| Bybit USELESSUSDT | −0.437% | +0.0481% | 4h | $26.7M | $33.1M | 13x | as long as short |
| Phemex USELESSUSDT | −0.430% | +0.0100% | 4h | $499K | $1.4M | 20x | as long as short |
| Binance USELESSUSDT | −0.369% | +0.0429% | 4h | $23.2M | $82.5M | 50x | as long as short |
| Bitget USELESSUSDT | −0.368% | +0.0218% | 4h | $5.3M | $6.1M | 20x | as long as short |
| BingX USELESS-USDT | −0.364% | +0.0536% | 4h | — | $3.9M | — | as long as short |
| Hyperliquid USELESS | −0.319% | +0.0723% | 1h | $12.0M | $13.1M | 3x | as long as short |
| ApeX Omni USELESSUSDT | −0.166% | +0.0100% | 1h | $42K | $678K | 25x | as long as short |
| edgeX USELESSUSDClong | 0.000% | +0.0424% | 4h | $21K | $182K | 10x | |
| Variational Omni USELESS | +0.168% | +0.0664% | 4h | $1.2M | $1.5M | — | as long as short |
| Injective USELESS/USDC PERP | +9.525% | −0.5000% | 1h | $3K | $18K | 5.5x | as long as short |