Funding you earn now, next payment 09:00 UTC+0.1863%/8h= +204.0% APRnext payment +$2.33 per $10,000 · paid last 24h +0.048%
Price spread now: ApeX Omni against Pacifica−0.160%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. ApeX Omni is 0.160% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.160% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 7 hours of funding at the current rate (+$56 a day). At the pace of the last 7 days (+0.194% in total) that is about 5.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.194% in total (about 10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica USELESS | 0.2963 | 0.0100 | pay 0.0013% / 1h | 51m 29s | $31K | $19K | 3x |
| Short | ApeX Omni USELESSUSDT | 0.2958 | 0.1963 | get 0.0245% / 1h | 51m 29s | $55K | $700K | 25x |
Pacifica USELESS
ApeX Omni USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Pacifica. 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
- $391.22
- Price spread: −0.160% → 0.000%
- −$15.97
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $357.26
- Costs to cover
- 0.180%
- Break-even
- 0.6 days
Slippage unknown: Pacifica: no order-book sample; ApeX Omni: live order book, 47 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 47 min ago | 10.30 bp | 17.9 bp −$18 | 109.8 bp −$1,098 | doesn't fit | doesn't fit |
Pacifica: 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 | 0.2967 | +0.134% | $1.4M | $1.1M | 3x | as long as short |
| Pacifica USELESSlong | +0.0100% | 1h | 0.2963 | long leg | $31K | $19K | 3x | |
| Bitget USELESSUSDT | +0.0100% | 4h | 0.2964 | +0.036% | $5.7M | $11.1M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2960 | −0.092% | $29K | $284K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2962 | −0.025% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2964 | +0.050% | $20K | $515K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2965 | +0.066% | $679K | $1.3M | 20x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0116% | 4h | 0.2961 | −0.058% | $10.4M | $75.8M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0118% | 4h | 0.2959 | −0.119% | $5.4M | $10.8M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0184% | 1h | 0.2968 | +0.164% | $11K | — | 3x | as long as short |
Lighter USELESS
Bitget USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTM
Aevo USELESS-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster USELESSUSDT | +0.0339% | 4h | 0.2961 | −0.072% | $583K | $2.2M | 10x | as long as short |
| edgeX USELESSUSDC | +0.0397% | 4h | 0.2950 | −0.420% | $22K | $199K | 10x | as long as short |
| Extended USELESS-USD | +0.0416% | 1h | 0.2962 | −0.032% | $282K | $1.7M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0418% | 4h | 0.2968 | +0.185% | $13.5M | $6.4M | 50x | as long as short |
| Binance USELESSUSDT | +0.0418% | 4h | 0.2966 | +0.114% | $24.8M | $128.8M | 50x | as long as short |
| Gate USELESS_USDT | +0.0604% | 4h | 0.2963 | −0.008% | $7.4M | $8.7M | 50x | as long as short |
| Variational Omni USELESS | +0.0779% | 4h | 0.2921 | −1.394% | $1.2M | $1.9M | — | as long as short |
| Orderly PERP_USELESS_USDC | +0.0969% | 4h | 0.2966 | +0.100% | $21K | $1.8M | 10x | as long as short |
| Hyperliquid USELESS | +0.1165% | 1h | 0.2966 | +0.107% | $13.0M | $23.8M | 3x | as long as short |
| BingX USELESS-USDT | +0.1184% | 4h | 0.2961 | −0.052% | — | $5.4M | — | as long as short |
| BloFin USELESS-USDT | +0.1598% | 4h | 0.2959 | −0.129% | $1.2M | $2.3M | 12x | as long as short |
| Bybit USELESSUSDT | +0.1756% | 4h | 0.2964 | +0.033% | $28.8M | $51.7M | 13x | as long as short |
| ApeX Omni USELESSUSDTshort | +0.1963% | 1h | 0.2958 | −0.160% | $55K | $700K | 25x | |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3105 | +4.795% | $5K | $10K | 5.5x | as long as short |
Aster USELESSUSDT
edgeX USELESSUSDC
Extended USELESS-USD
MEXC USELESS_USDT
Binance USELESSUSDT
Gate USELESS_USDT
Variational Omni USELESS
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
BingX USELESS-USDT
BloFin USELESS-USDT
Bybit USELESSUSDT
Injective USELESS/USDC PERP