Funding you earn now, next payment 20:00 UTC−0.4164%/8hpaid last 24h +1.605%
Price spread now: edgeX against Injective−5.309%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$125 a day on $10k at the current rate, and edgeX is 5.309% cheaper against Injective than usual: you would sell low and buy high (−$531 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 | Injective USELESS/USDC PERP | 0.2981 | 0.4654 | pay 0.0582% / 1h | 5m 45s | $5K | $14K | 5.5x |
| Short | edgeX USELESSUSDC | 0.2823 | 0.0490 | get 0.0245% / 4h | 5m 45s | $21K | $188K | 10x |
Injective USELESS/USDC PERP
edgeX USELESSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Injective. 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
- −$874.36
- Price spread: −5.309% → 0.000%
- −$530.88
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$1,414.26
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 25 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 Injective no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 25 min ago | 2.27 bp | 104.6 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 | 0.2830 | −5.065% | $1.3M | $1.0M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2831 | −5.035% | $31K | $74K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2829 | −5.095% | $9.8M | $61.6M | 10x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2826 | −5.219% | $6.9M | $7.4M | 50x | as long as short |
| KuCoin USELESSUSDTM | +0.0100% | 4h | 0.2828 | −5.152% | $5.1M | $8.9M | 12x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2829 | −5.105% | $27K | $117K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2827 | −5.169% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2823 | −5.323% | $19K | $363K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2821 | −5.363% | $546K | $1.3M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0101% | 1h | 0.2821 | −5.377% | $33K | $692K | 25x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Gate USELESS_USDT
KuCoin USELESSUSDTM
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2821 | −5.386% | $10K | — | 3x | as long as short |
| Bitget USELESSUSDT | +0.0428% | 4h | 0.2831 | −5.058% | $5.4M | $8.2M | 20x | as long as short |
| Variational Omni USELESS | +0.0460% | 4h | 0.2826 | −5.218% | $1.2M | $1.6M | — | as long as short |
| BingX USELESS-USDT | +0.0466% | 4h | 0.2831 | −5.045% | — | $4.7M | — | as long as short |
| MEXC USELESS_USDT | +0.0484% | 4h | 0.2832 | −5.001% | $20.1M | $5.5M | 50x | as long as short |
| Extended USELESS-USD | +0.0488% | 1h | 0.2832 | −5.021% | $298K | $970K | 5x | as long as short |
| edgeX USELESSUSDCshort | +0.0490% | 4h | 0.2823 | −5.309% | $21K | $188K | 10x | |
| Binance USELESSUSDT | +0.0495% | 4h | 0.2832 | −5.008% | $24.6M | $104.0M | 50x | as long as short |
| Bybit USELESSUSDT | +0.0503% | 4h | 0.2832 | −5.021% | $28.3M | $40.8M | 13x | as long as short |
| BloFin USELESS-USDT | +0.0690% | 4h | 0.2835 | −4.901% | $1.2M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.0976% | 4h | 0.2827 | −5.166% | $22K | $1.4M | 10x | as long as short |
| Aster USELESSUSDT | +0.1026% | 4h | 0.2831 | −5.044% | $651K | $2.1M | 10x | as long as short |
| Hyperliquid USELESS | +0.1254% | 1h | 0.2834 | −4.924% | $14.1M | $18.9M | 3x | as long as short |
| Injective USELESS/USDC PERPlong | +0.4654% | 1h | 0.2981 | long leg | $5K | $14K | 5.5x |
Aevo USELESS-PERP
Bitget USELESSUSDT
Variational Omni USELESS
BingX USELESS-USDT
MEXC USELESS_USDT
Extended USELESS-USD
Binance USELESSUSDT
Bybit USELESSUSDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Aster USELESSUSDT
Hyperliquid USELESS