Funding you earn now, next payment 05:00 UTC−0.4900%/8h= −536.5% APRpaid last 24h +0.284%
Price spread now: HTX against Injective−5.729%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$147 a day on $10k at the current rate, and HTX is 5.729% cheaper against Injective than usual: you would sell low and buy high (−$573 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 | 0.2768 | 0.5000 | pay 0.0625% / 1h | 23m 13s | $5K | $11K | 5.5x |
| Short | HTX USELESS-USDT | 0.2610 | 0.0100 | get 0.0050% / 4h | 3h 23m | $18K | $519K | 20x |
Injective USELESS/USDC PERP
HTX USELESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$1,029
- Price spread: −5.729% → 0.000%
- −$572.89
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$1,613.91
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; HTX: live order book, 30 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 HTX live order book, 30 min ago | 30.22 bp | doesn't fit | 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 | 0.2612 | −5.657% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2619 | −5.405% | $28K | $18K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2617 | −5.472% | $25K | $235K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2614 | −5.595% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDTshort | +0.0100% | 4h | 0.2610 | −5.729% | $18K | $519K | 20x | |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2614 | −5.566% | $602K | $1.1M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0168% | 1h | 0.2614 | −5.574% | $9K | — | 3x | as long as short |
| Bitget USELESSUSDT | +0.0178% | 4h | 0.2612 | −5.657% | $5.0M | $10.3M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0192% | 4h | 0.2611 | −5.686% | $4.7M | $10.7M | 12x | as long as short |
| Aster USELESSUSDT | +0.0198% | 4h | 0.2611 | −5.683% | $516K | $2.4M | 10x | as long as short |
Lighter USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
Bitget USELESSUSDT
KuCoin USELESSUSDTM
Aster USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX USELESS-USDT-SWAP | +0.0199% | 4h | 0.2612 | −5.635% | $8.9M | $63.1M | 10x | as long as short |
| Gate USELESS_USDT | +0.0214% | 4h | 0.2611 | −5.678% | $6.5M | $8.6M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0216% | 1h | 0.2619 | −5.397% | $36K | $695K | 25x | as long as short |
| Binance USELESSUSDT | +0.0333% | 4h | 0.2613 | −5.621% | $21.8M | $121.6M | 50x | as long as short |
| Extended USELESS-USD | +0.0336% | 1h | 0.2612 | −5.640% | $112K | $1.1M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0336% | 4h | 0.2617 | −5.483% | $10.5M | $6.0M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0337% | 4h | 0.2617 | −5.466% | $19K | $196K | 10x | as long as short |
| Hyperliquid USELESS | +0.0397% | 1h | 0.2616 | −5.491% | $11.4M | $22.6M | 3x | as long as short |
| Variational Omni USELESS | +0.0610% | 4h | 0.2613 | −5.631% | $1.0M | $1.8M | — | as long as short |
| Bybit USELESSUSDT | +0.0791% | 4h | 0.2613 | −5.621% | $24.6M | $48.4M | 13x | as long as short |
| BingX USELESS-USDT | +0.0936% | 4h | 0.2613 | −5.599% | — | $5.3M | — | as long as short |
| BloFin USELESS-USDT | +0.1071% | 4h | 0.2613 | −5.603% | $1.1M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1293% | 4h | 0.2614 | −5.581% | $19K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERPlong | +0.5000% | 1h | 0.2768 | long leg | $5K | $11K | 5.5x |
OKX USELESS-USDT-SWAP
Gate USELESS_USDT
ApeX Omni USELESSUSDT
Binance USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
edgeX USELESSUSDC
Hyperliquid USELESS
Variational Omni USELESS
Bybit USELESSUSDT
BingX USELESS-USDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC