Funding you earn now, next payment 22:00 UTC+0.1640%/8h= +179.5% APRpaid last 24h +0.207%
Price spread now: BloFin against Pacifica−0.255%94s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.835%+$84 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. BloFin is 0.255% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.255% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 12 hours of funding at the current rate (+$49 a day). At the pace of the last 7 days (+0.835% in total) that is about 2.1 days. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.835% in total (about 43.6% 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 | 0.2943 | 0.0100 | pay 0.0013% / 1h | 21m 36s | $33K | $70K | 3x |
| Short | BloFin USELESS-USDT | 0.2935 | 0.1740 | get 0.0870% / 4h | 2h 21m | $1.2M | $2.0M | 12x |
Pacifica USELESS
BloFin USELESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $344.32
- Price spread: −0.255% → 0.000%
- −$25.49
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $298.83
- Costs to cover
- 0.200%
- Break-even
- 0.9 days
Slippage unknown: Pacifica: no order-book sample; BloFin: live order book, 1 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 BloFin live order book, 1 min ago | 7.14 bp | 15.1 bp −$15 | 29.9 bp −$299 | 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 | 0.2943 | +0.020% | $1.4M | $1.1M | 3x | as long as short |
| Pacifica USELESSlong | +0.0100% | 1h | 0.2943 | long leg | $33K | $70K | 3x | |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2939 | −0.146% | $10.5M | $65.7M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2937 | −0.197% | $29K | $137K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2944 | +0.031% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2918 | −0.833% | $20K | $379K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2934 | −0.302% | $585K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0238% | 4h | 0.2946 | +0.119% | $5.5M | $9.6M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0240% | 1h | 0.2939 | −0.139% | $11K | — | 3x | as long as short |
| Gate USELESS_USDT | +0.0432% | 4h | 0.2940 | −0.099% | $7.3M | $7.8M | 50x | as long as short |
Lighter USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Aevo USELESS-PERP
Gate USELESS_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni USELESSUSDT | +0.0470% | 1h | 0.2959 | +0.550% | $42K | $698K | 25x | as long as short |
| Bitget USELESSUSDT | +0.0540% | 4h | 0.2940 | −0.092% | $5.6M | $8.7M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0653% | 4h | 0.2965 | +0.740% | $22K | $189K | 10x | as long as short |
| Binance USELESSUSDT | +0.0666% | 4h | 0.2944 | +0.041% | $25.4M | $109.3M | 50x | as long as short |
| MEXC USELESS_USDT | +0.0670% | 4h | 0.2947 | +0.126% | $10.4M | $5.8M | 50x | as long as short |
| Extended USELESS-USD | +0.0672% | 1h | 0.2941 | −0.066% | $310K | $967K | 5x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1176% | 4h | 0.2939 | −0.122% | $22K | $1.4M | 10x | as long as short |
| BingX USELESS-USDT | +0.1272% | 4h | 0.2941 | −0.071% | — | $4.9M | — | as long as short |
| Bybit USELESSUSDT | +0.1309% | 4h | 0.2941 | −0.061% | $29.6M | $42.6M | 13x | as long as short |
| Variational Omni USELESS | +0.1334% | 4h | 0.2964 | +0.707% | $1.2M | $1.6M | — | as long as short |
| Aster USELESSUSDT | +0.1384% | 4h | 0.2940 | −0.080% | $679K | $2.1M | 10x | as long as short |
| Hyperliquid USELESS | +0.1598% | 1h | 0.2951 | +0.292% | $15.1M | $19.6M | 3x | as long as short |
| BloFin USELESS-USDTshort | +0.1740% | 4h | 0.2935 | −0.255% | $1.2M | $2.0M | 12x | |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3120 | +6.008% | $5K | $10K | 5.5x | as long as short |
ApeX Omni USELESSUSDT
Bitget USELESSUSDT
edgeX USELESSUSDC
Binance USELESSUSDT
MEXC USELESS_USDT
Extended USELESS-USD
Orderly PERP_USELESS_USDC
BingX USELESS-USDT
Bybit USELESSUSDT
Variational Omni USELESS
Aster USELESSUSDT
Hyperliquid USELESS
Injective USELESS/USDC PERP