Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.078%
Price spread now: ApeX Omni against MEXC+0.177%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$670.671% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)−0.297%−$30 · spread now +0.177%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.202% dearer against MEXC than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USELESS_USDT | 0.2598 | 0.0428 | pay 0.0214% / 4h | 14m 51s | $10.4M | $6.2M | 50x |
| Short | ApeX Omni USELESSUSDT | 0.2603 | 0.0424 | get 0.0053% / 1h | 14m 51s | $33K | $694K | 25x |
MEXC USELESS_USDT
ApeX Omni USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$0.92
- Price spread: +0.177% → −0.025%
- $20.16
- Slippage, 4 orders
- −$49.06
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$47.82
- Costs to cover
- 0.671%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; ApeX Omni: live order book, 44 min ago.
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, 3 min ago | 1.73 bp | 22.9 bp −$23 | 55.5 bp −$555 | 178.6 bp −$17.9K | 596.3 bp −$298.2K |
| Sell ApeX Omni live order book, 44 min ago | 7.86 bp | 15.4 bp −$15 | 106.8 bp −$1,068 | doesn't fit | 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 | 0.2595 | −0.115% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2603 | +0.164% | $28K | $66K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2605 | +0.246% | $29K | $226K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2610 | +0.450% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2596 | −0.112% | $18K | $523K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2595 | −0.127% | $580K | $1.0M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0192% | 1h | 0.2601 | +0.100% | $9K | — | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0209% | 4h | 0.2600 | +0.069% | $8.9M | $63.3M | 10x | as long as short |
| Hyperliquid USELESS | +0.0213% | 1h | 0.2603 | +0.174% | $11.4M | $22.7M | 3x | as long as short |
| Gate USELESS_USDT | +0.0242% | 4h | 0.2598 | −0.019% | $6.5M | $8.8M | 50x | as long as short |
Lighter USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
OKX USELESS-USDT-SWAP
Hyperliquid USELESS
Gate USELESS_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USELESSUSDTM | +0.0250% | 4h | 0.2598 | 0.000% | $4.7M | $10.7M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0298% | 4h | 0.2600 | +0.062% | $4.9M | $10.4M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0416% | 4h | 0.2606 | +0.292% | $19K | $197K | 10x | as long as short |
| ApeX Omni USELESSUSDTshort | +0.0424% | 1h | 0.2603 | +0.177% | $33K | $694K | 25x | |
| MEXC USELESS_USDTlong | +0.0428% | 4h | 0.2598 | long leg | $10.4M | $6.2M | 50x | |
| Binance USELESSUSDT | +0.0431% | 4h | 0.2599 | +0.014% | $21.6M | $121.9M | 50x | as long as short |
| Extended USELESS-USD | +0.0432% | 1h | 0.2599 | +0.038% | $113K | $1.2M | 5x | as long as short |
| BingX USELESS-USDT | +0.0480% | 4h | 0.2601 | +0.092% | — | $5.3M | — | as long as short |
| Aster USELESSUSDT | +0.0485% | 4h | 0.2598 | −0.019% | $517K | $2.4M | 10x | as long as short |
| Bybit USELESSUSDT | +0.0517% | 4h | 0.2600 | +0.062% | $24.6M | $48.3M | 13x | as long as short |
| Variational Omni USELESS | +0.0639% | 4h | 0.2602 | +0.150% | $1.0M | $1.8M | — | as long as short |
| BloFin USELESS-USDT | +0.0740% | 4h | 0.2596 | −0.092% | $1.1M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1320% | 4h | 0.2599 | +0.038% | $19K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2757 | +6.092% | $5K | $11K | 5.5x | as long as short |
KuCoin USELESSUSDTM
Bitget USELESSUSDT
edgeX USELESSUSDC
Binance USELESSUSDT
Extended USELESS-USD
BingX USELESS-USDT
Aster USELESSUSDT
Bybit USELESSUSDT
Variational Omni USELESS
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP