Funding you earn now, next payment 04:00 UTC+0.0417%/8h= +45.6% APRnext payment +$2.08 per $10,000 · paid last 24h +0.114%
Price spread now: BloFin against edgeX+0.104%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$2092.088% of the position
Funding, last 7 days+0.586%+$59 on $10k
+Price spread, last 3 days (all we have)−0.361%−$36 · spread now +0.104%, 7d avg −0.007%
=Together, before fees+0.226%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BloFin is 0.111% dearer against edgeX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX USELESSUSDC | 0.2832 | 0.0470 | pay 0.0235% / 4h | 2h 47m | $21K | $194K | 10x |
| Short | BloFin USELESS-USDT | 0.2835 | 0.0886 | get 0.0443% / 4h | 2h 47m | $1.2M | $2.1M | 12x |
edgeX USELESSUSDC
BloFin USELESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against edgeX. 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
- $87.53
- Price spread: +0.104% → −0.007%
- $11.12
- Slippage, 4 orders
- −$187.78
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$110.13
- Costs to cover
- 2.088%
- Break-even
- 15.8 days
Slippage from edgeX: live order book, 19 min ago; BloFin: live order book, 5 min ago.
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, 19 min ago | 0.86 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.76 bp | 15.5 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.2846 | +0.479% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2843 | +0.401% | $32K | $69K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2849 | +0.606% | $10.0M | $67.6M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0100% | 4h | 0.2849 | +0.606% | $5.2M | $10.2M | 12x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2841 | +0.320% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2852 | +0.690% | $19K | $515K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2840 | +0.277% | $600K | $1.2M | 20x | as long as short |
| Gate USELESS_USDT | +0.0178% | 4h | 0.2845 | +0.457% | $7.1M | $8.3M | 50x | as long as short |
| Aevo USELESS-PERP | +0.0208% | 1h | 0.2847 | +0.533% | $10K | — | 3x | as long as short |
| edgeX USELESSUSDClong | +0.0470% | 4h | 0.2832 | long leg | $21K | $194K | 10x |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTM
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Gate USELESS_USDT
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended USELESS-USD | +0.0512% | 1h | 0.2852 | +0.705% | $300K | $1.2M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0512% | 4h | 0.2852 | +0.708% | $11.1M | $6.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0516% | 4h | 0.2851 | +0.666% | $24.1M | $117.7M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0578% | 4h | 0.2850 | +0.634% | $5.4M | $9.9M | 20x | as long as short |
| Bybit USELESSUSDT | +0.0621% | 4h | 0.2849 | +0.602% | $27.7M | $46.7M | 13x | as long as short |
| Polymarket Perps USELESS-USD | +0.0678% | 1h | 0.2848 | +0.563% | $43K | $185K | 3x | as long as short |
| BingX USELESS-USDT | +0.0684% | 4h | 0.2851 | +0.659% | — | $5.1M | — | as long as short |
| BloFin USELESS-USDTshort | +0.0886% | 4h | 0.2835 | +0.104% | $1.2M | $2.1M | 12x | |
| Variational Omni USELESS | +0.0917% | 4h | 0.2853 | +0.719% | $1.2M | $1.7M | — | as long as short |
| ApeX Omni USELESSUSDT | +0.0961% | 1h | 0.2850 | +0.630% | $39K | $700K | 25x | as long as short |
| Aster USELESSUSDT | +0.1061% | 4h | 0.2845 | +0.438% | $653K | $2.2M | 10x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1259% | 4h | 0.2847 | +0.532% | $22K | $1.4M | 10x | as long as short |
| Hyperliquid USELESS | +0.1270% | 1h | 0.2854 | +0.789% | $14.3M | $21.1M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3027 | +6.870% | $5K | $9K | 5.5x | as long as short |
Extended USELESS-USD
MEXC USELESS_USDT
Binance USELESSUSDT
Bitget USELESSUSDT
Bybit USELESSUSDT
Polymarket Perps USELESS-USD
BingX USELESS-USDT
Variational Omni USELESS
ApeX Omni USELESSUSDT
Aster USELESSUSDT
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
Injective USELESS/USDC PERP