Settings8H · net · $10k
Funding arb · Price arb /

USELESS

all USELESS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0312%/8h= −34.2% APRnext payment $0.39 per $10,000 · paid last 24h −0.084%
Price spread now: Aevo against Extended−0.018%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended USELESS-USD0.27440.0520pay 0.0065% / 1h28m 13s$289K$965K5x
ShortAevo USELESS-PERP0.27430.0208get 0.0026% / 1h28m 13s$10K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$65.52
Price spread: −0.018% → 0.000%
−$1.77
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$88.29
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 55 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 55 min ago66.50 bp84.5 bp −$85doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter USELESS+0.0096%1h0.2736−0.276%$1.3M$1.1M3xas long as short
Pacifica USELESS+0.0100%1h0.2758+0.536%$31K$70K3xas long as short
OKX USELESS-USDT-SWAP+0.0100%4h0.2738−0.214%$9.6M$63.0M10xas long as short
Polymarket Perps USELESS-USD+0.0100%1h0.2751+0.249%$26K$145K3xas long as short
SunX USELESS-USDT+0.0100%4h0.2744+0.009%$1.4M10xas long as short
HTX USELESS-USDT+0.0100%4h0.2738−0.221%$35K$439K20xas long as short
Phemex USELESSUSDT+0.0100%4h0.2733−0.400%$564K$1.2M20xas long as short
Aevo USELESS-PERPshort+0.0208%1h0.2743−0.018%$10K3x
KuCoin USELESSUSDTM+0.0340%4h0.2735−0.316%$5.1M$9.8M12xas long as short
ApeX Omni USELESSUSDT+0.0341%1h0.2789+1.652%$40K$698K25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate USELESS_USDT+0.0364%4h0.2744+0.016%$6.9M$8.0M50xas long as short
Binance USELESSUSDT+0.0517%4h0.2739−0.188%$23.1M$113.1M50xas long as short
Extended USELESS-USDlong+0.0520%1h0.2744long leg$289K$965K5x
MEXC USELESS_USDT+0.0520%4h0.2739−0.174%$9.9M$5.9M50xas long as short
edgeX USELESSUSDC+0.0537%4h0.2798+1.998%$21K$191K10xas long as short
Bitget USELESSUSDT+0.0540%4h0.2737−0.232%$5.3M$9.1M20xas long as short
Hyperliquid USELESS+0.1006%1h0.2747+0.132%$13.4M$20.4M3xas long as short
Aster USELESSUSDT+0.1165%4h0.2744+0.018%$635K$2.2M10xas long as short
Orderly PERP_USELESS_USDC+0.1245%4h0.2744+0.005%$21K$1.4M10xas long as short
Bybit USELESSUSDT+0.1394%4h0.2737−0.236%$27.3M$44.4M13xas long as short
BingX USELESS-USDT+0.1436%4h0.2747+0.129%$5.0Mas long as short
Variational Omni USELESS+0.1515%4h0.2775+1.146%$1.1M$1.8Mas long as short
BloFin USELESS-USDT+0.1891%4h0.2765+0.770%$1.2M$1.9M12xas long as short
Injective USELESS/USDC PERP+0.5000%1h0.2934+6.937%$5K$9K5.5xas long as short