Funding you earn now, next payment 00:00 UTC−0.0298%/8h= −32.6% APRpaid last 24h −0.089%
Price spread now: Aevo against MEXC−0.104%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$9 a day on $10k at the current rate, and Aevo is 0.104% cheaper against MEXC than usual: you would sell low and buy high (−$10 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 | MEXC USELESS_USDT | 0.2804 | 0.0498 | pay 0.0249% / 4h | 24m 25s | $10.3M | $6.0M | 50x |
| Short | Aevo USELESS-PERP | 0.2801 | 0.0200 | get 0.0025% / 1h | 24m 25s | $10K | — | 3x |
MEXC USELESS_USDT
Aevo USELESS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against MEXC. 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
- −$62.58
- Price spread: −0.104% → 0.000%
- −$10.45
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$97.03
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 4 min ago | 1.24 bp | 20.2 bp −$20 | 52.2 bp −$522 | 162.5 bp −$16.2K | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2807 | +0.111% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2805 | +0.035% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2803 | −0.064% | $9.9M | $66.2M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2803 | −0.046% | $36K | $159K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2805 | +0.014% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2801 | −0.132% | $18K | $496K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2799 | −0.189% | $566K | $1.2M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0147% | 1h | 0.2815 | +0.378% | $39K | $702K | 25x | as long as short |
| Aevo USELESS-PERPshort | +0.0200% | 1h | 0.2801 | −0.104% | $10K | — | 3x | |
| KuCoin USELESSUSDTM | +0.0226% | 4h | 0.2802 | −0.078% | $5.2M | $10.0M | 12x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDT
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USELESSUSDT | +0.0310% | 4h | 0.2805 | +0.007% | $5.3M | $9.4M | 20x | as long as short |
| Gate USELESS_USDT | +0.0352% | 4h | 0.2800 | −0.146% | $7.0M | $8.3M | 50x | as long as short |
| Extended USELESS-USD | +0.0496% | 1h | 0.2804 | −0.029% | $295K | $966K | 5x | as long as short |
| edgeX USELESSUSDC | +0.0497% | 4h | 0.2823 | +0.649% | $21K | $191K | 10x | as long as short |
| MEXC USELESS_USDTlong | +0.0498% | 4h | 0.2804 | long leg | $10.3M | $6.0M | 50x | |
| Binance USELESSUSDT | +0.0500% | 4h | 0.2804 | −0.018% | $23.6M | $116.2M | 50x | as long as short |
| BingX USELESS-USDT | +0.0960% | 4h | 0.2804 | +0.004% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.0967% | 4h | 0.2804 | −0.004% | $27.6M | $45.7M | 13x | as long as short |
| Aster USELESSUSDT | +0.1078% | 4h | 0.2805 | +0.029% | $645K | $2.3M | 10x | as long as short |
| Variational Omni USELESS | +0.1121% | 4h | 0.2811 | +0.251% | $1.2M | $1.8M | — | as long as short |
| BloFin USELESS-USDT | +0.1267% | 4h | 0.2810 | +0.203% | $1.2M | $2.0M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1323% | 4h | 0.2806 | +0.043% | $22K | $1.4M | 10x | as long as short |
| Hyperliquid USELESS | +0.1553% | 1h | 0.2809 | +0.177% | $14.0M | $21.0M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2972 | +5.958% | $5K | $9K | 5.5x | as long as short |
Bitget USELESSUSDT
Gate USELESS_USDT
Extended USELESS-USD
edgeX USELESSUSDC
Binance USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Aster USELESSUSDT
Variational Omni USELESS
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
Injective USELESS/USDC PERP