Funding you earn now, next payment 03:00 UTC+0.0426%/8h= +46.6% APRpaid last 24h +0.074%
Price spread now: Bitget against Pacifica−0.004%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+0.207%+$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.207% in total (about 10.8% a year). A funding rate is set anew for every payment. 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 | 0.2748 | 0.0100 | pay 0.0013% / 1h | 41m 37s | $31K | $70K | 3x |
| Short | Bitget USELESSUSDT | 0.2748 | 0.0526 | get 0.0263% / 4h | 1h 41m | $5.2M | $9.9M | 20x |
Pacifica USELESS
Bitget USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $89.46
- Price spread: −0.004% → 0.000%
- −$0.36
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $69.1
- Costs to cover
- 0.200%
- Break-even
- 1.6 days
Slippage unknown: Pacifica: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 3.08 bp | 35.1 bp −$35 | doesn't fit | 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 | 0.2747 | −0.047% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESSlong | +0.0100% | 1h | 0.2748 | long leg | $31K | $70K | 3x | |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2747 | −0.047% | $6.9M | $8.5M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0100% | 1h | 0.2752 | +0.131% | $38K | $694K | 25x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2753 | +0.175% | $33K | $210K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2758 | +0.360% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2753 | +0.175% | $18K | $506K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2751 | +0.091% | $604K | $1.1M | 20x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0137% | 4h | 0.2752 | +0.146% | $9.7M | $64.7M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0206% | 4h | 0.2751 | +0.076% | $5.1M | $10.4M | 12x | as long as short |
Lighter USELESS
Gate USELESS_USDT
ApeX Omni USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERP | +0.0232% | 1h | 0.2758 | +0.344% | $10K | — | 3x | as long as short |
| Bitget USELESSUSDTshort | +0.0526% | 4h | 0.2748 | −0.004% | $5.2M | $9.9M | 20x | |
| edgeX USELESSUSDC | +0.0579% | 4h | 0.2759 | +0.383% | $21K | $194K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0604% | 4h | 0.2749 | +0.036% | $10.7M | $6.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0605% | 4h | 0.2753 | +0.180% | $23.3M | $118.0M | 50x | as long as short |
| Extended USELESS-USD | +0.0608% | 1h | 0.2748 | −0.001% | $292K | $1.1M | 5x | as long as short |
| Hyperliquid USELESS | +0.0747% | 1h | 0.2750 | +0.054% | $13.5M | $20.9M | 3x | as long as short |
| BingX USELESS-USDT | +0.0864% | 4h | 0.2753 | +0.167% | — | $5.1M | — | as long as short |
| Bybit USELESSUSDT | +0.0911% | 4h | 0.2753 | +0.171% | $26.6M | $46.5M | 13x | as long as short |
| Variational Omni USELESS | +0.0956% | 4h | 0.2742 | −0.227% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDT | +0.1070% | 4h | 0.2752 | +0.147% | $587K | $2.3M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1183% | 4h | 0.2756 | +0.269% | $1.2M | $2.0M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1356% | 4h | 0.2758 | +0.364% | $21K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2909 | +5.854% | $5K | $9K | 5.5x | as long as short |
Aevo USELESS-PERP
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
Hyperliquid USELESS
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Aster USELESSUSDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP