Funding you earn now, next payment 01:00 UTC+0.0608%/8h= +66.6% APRpaid last 24h +0.012%
Price spread now: Gate against Pacifica+0.832%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Gate is 0.832% dearer against Pacifica than usual: you sell high and buy low: +$83 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.145% in total (about 7.6% 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 | 0.2886 | 0.0100 | pay 0.0013% / 1h | 15m 02s | $32K | $69K | 3x |
| Short | Gate USELESS_USDT | 0.2910 | 0.0708 | get 0.0354% / 4h | 3h 15m | $7.3M | $8.4M | 50x |
Pacifica USELESS
Gate USELESS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $127.68
- Price spread: +0.832% → 0.000%
- $83.16
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $187.84
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Pacifica: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago | 7.16 bp | 47.4 bp −$47 | 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 | 0.2910 | +0.849% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESSlong | +0.0100% | 1h | 0.2886 | long leg | $32K | $69K | 3x | |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2913 | +0.949% | $10.2M | $68.5M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2901 | +0.513% | $50K | $175K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2908 | +0.762% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2913 | +0.925% | $19K | $510K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2906 | +0.707% | $615K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0150% | 4h | 0.2913 | +0.932% | $5.4M | $10.2M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2904 | +0.631% | $10K | — | 3x | as long as short |
| ApeX Omni USELESSUSDT | +0.0387% | 1h | 0.2874 | −0.416% | $40K | $699K | 25x | 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
ApeX Omni USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX USELESSUSDC | +0.0470% | 4h | 0.2878 | −0.292% | $21K | $194K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0474% | 4h | 0.2914 | +0.984% | $11.2M | $6.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0488% | 4h | 0.2913 | +0.936% | $24.6M | $116.4M | 50x | as long as short |
| Extended USELESS-USD | +0.0488% | 1h | 0.2914 | +0.963% | $308K | $1.2M | 5x | as long as short |
| Bitget USELESSUSDT | +0.0550% | 4h | 0.2913 | +0.949% | $5.6M | $9.6M | 20x | as long as short |
| Bybit USELESSUSDT | +0.0682% | 4h | 0.2915 | +0.994% | $28.5M | $46.3M | 13x | as long as short |
| Gate USELESS_USDTshort | +0.0708% | 4h | 0.2910 | +0.832% | $7.3M | $8.4M | 50x | |
| BingX USELESS-USDT | +0.0866% | 4h | 0.2913 | +0.946% | — | $5.1M | — | as long as short |
| Variational Omni USELESS | +0.0969% | 4h | 0.2879 | −0.235% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDT | +0.1077% | 4h | 0.2911 | +0.874% | $669K | $2.3M | 10x | as long as short |
| Hyperliquid USELESS | +0.1142% | 1h | 0.2915 | +0.989% | $14.7M | $21.0M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1192% | 4h | 0.2913 | +0.949% | $1.2M | $2.1M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1243% | 4h | 0.2909 | +0.783% | $23K | $1.4M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3049 | +5.655% | $5K | $9K | 5.5x | as long as short |
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
Bitget USELESSUSDT
Bybit USELESSUSDT
BingX USELESS-USDT
Variational Omni USELESS
Aster USELESSUSDT
Hyperliquid USELESS
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP