USELESS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0134%/8h= +14.7% APRnext payment +$0.67 per $10,000 · paid last 24h +0.112%

Price spread now: MEXC against HTX+0.250%7-day average +0.139% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.236%+$24 on $10k

Price spread, last 4 days (all we have)+0.150%+$15 · spread now +0.250%, 7d avg +0.139%

Together, before fees+0.386%+$39 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.111% dearer against HTX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.139%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX USELESS-USDT	0.2758	0.0100	pay 0.0050% / 4h	1h 57m	$19K	$517K	20x
Short	MEXC USELESS_USDT	0.2765	0.0234	get 0.0117% / 4h	1h 57m	$11.3M	$6.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee MEXCbpOrdersPrice spread, now +0.250%Rate

Funding earned: $28.14
Price spread: +0.250% → +0.139%: $11.15
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: $19.29
Costs to cover: 0.200%
Break-even: 2.2 days

Slippage unknown: HTX: live order book, 51 min ago; MEXC: live order book, 5 min ago. 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 HTX live order book, 51 min ago	43.33 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.18 bp	10.2 bp −$10	52.3 bp −$523	146.5 bp −$14.6K	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	0.2761	+0.083%	$1.3M	$1.2M	3x	as long as short
Aster USELESSUSDT	+0.0100%	4h	0.2760	+0.048%	$541K	$2.1M	10x	as long as short
Pacifica USELESS	+0.0100%	1h	0.2764	+0.214%	$30K	$19K	3x	as long as short
Bitget USELESSUSDT	+0.0100%	4h	0.2762	+0.134%	$5.3M	$10.4M	20x	as long as short
Polymarket Perps USELESS-USD	+0.0100%	1h	0.2764	+0.214%	$26K	$256K	3x	as long as short
SunX USELESS-USDT	+0.0100%	4h	0.2767	+0.315%	—	$1.4M	10x	as long as short
HTX USELESS-USDTlong	+0.0100%	4h	0.2758	long leg	$19K	$517K	20x
Phemex USELESSUSDT	+0.0100%	4h	0.2763	+0.181%	$644K	$1.2M	20x	as long as short
KuCoin USELESSUSDTM	+0.0102%	4h	0.2761	+0.102%	$5.1M	$10.6M	12x	as long as short
Hyperliquid USELESS	+0.0122%	1h	0.2764	+0.189%	$12.0M	$23.3M	3x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo USELESS-PERP	+0.0144%	1h	0.2761	+0.081%	$10K	—	3x	as long as short
OKX USELESS-USDT-SWAP	+0.0163%	4h	0.2764	+0.203%	$9.5M	$68.2M	10x	as long as short
Binance USELESSUSDT	+0.0231%	4h	0.2762	+0.132%	$22.9M	$123.2M	50x	as long as short
Extended USELESS-USD	+0.0232%	1h	0.2764	+0.215%	$137K	$1.2M	5x	as long as short
MEXC USELESS_USDTshort	+0.0234%	4h	0.2765	+0.250%	$11.3M	$6.0M	50x
edgeX USELESSUSDC	+0.0241%	4h	0.2761	+0.080%	$21K	$197K	10x	as long as short
Gate USELESS_USDT	+0.0328%	4h	0.2760	+0.069%	$6.9M	$8.6M	50x	as long as short
Bybit USELESSUSDT	+0.0404%	4h	0.2763	+0.152%	$26.0M	$48.6M	13x	as long as short
BingX USELESS-USDT	+0.0450%	4h	0.2763	+0.170%	—	$5.3M	—	as long as short
Variational Omni USELESS	+0.0486%	4h	0.2761	+0.097%	$1.0M	$1.8M	—	as long as short
ApeX Omni USELESSUSDT	+0.0494%	1h	0.2761	+0.094%	$49K	$701K	25x	as long as short
BloFin USELESS-USDT	+0.0686%	4h	0.2762	+0.112%	$1.2M	$2.1M	12x	as long as short
Orderly PERP_USELESS_USDC	+0.1078%	4h	0.2765	+0.236%	$21K	$1.3M	10x	as long as short
Injective USELESS/USDC PERP	+0.5000%	1h	0.2918	+5.793%	$5K	$11K	5.5x	as long as short