Spread before costs (cost unknown: a leg has no order-book sample)+0.282%
7d average+0.057%if it closes, per $10,000$28funding while held, a day+$9.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica USELESS | 0.2799 | 0.0100 | pay 0.0013% / 1h | 10m 55s | $28K | $103K | 3x |
| Short | MEXC USELESS_USDT | 0.2807 | 0.0432 | get 0.0216% / 4h | 10m 55s | $17.6M | $4.4M | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $28.22
- Funding while held
- $9.96
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- $22.18
- Spread needed to break even
- 0.160%
Slippage unknown: Pacifica: live order book, 38 min ago; MEXC: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0332%
- Per $10,000 a day
- +$9.96
- Average in range /8h
- —
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 live order book, 38 min ago | 33.81 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.08 bp | 10.0 bp −$10 | 51.9 bp −$519 | 163.0 bp −$16.3K | 472.6 bp −$236.3K |
USELESS price on every exchange
against the cheapest. Click to use as the short leg.USELESS on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective USELESS/USDC PERP | −6.055% | −0.5000% | 1h | $3K | $18K | 5.5x | as long as short |
| Variational Omni USELESS | −0.934% | +0.0453% | 4h | $1.2M | $1.6M | — | as long as short |
| ApeX Omni USELESSUSDT | −0.900% | +0.0100% | 1h | $36K | $683K | 25x | as long as short |
| edgeX USELESSUSDC | −0.233% | +0.0404% | 4h | $21K | $183K | 10x | as long as short |
| Lighter USELESS | −0.214% | +0.0096% | 1h | $1.3M | $882K | 3x | as long as short |
| SunX USELESS-USDT | −0.136% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| Orderly PERP_USELESS_USDC | −0.096% | +0.1028% | 4h | $19K | $1.4M | 10x | as long as short |
| Phemex USELESSUSDT | −0.075% | +0.0573% | 4h | $509K | $1.3M | 20x | as long as short |
| Aevo USELESS-PERP | −0.063% | +0.0192% | 1h | $10K | — | 3x | as long as short |
| BloFin USELESS-USDT | −0.032% | +0.0567% | 4h | $1.2M | $1.7M | 12x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica USELESSlong | 0.000% | +0.0100% | 1h | $28K | $103K | 3x | |
| Hyperliquid USELESS | +0.011% | +0.1129% | 1h | $12.4M | $13.6M | 3x | as long as short |
| Aster USELESSUSDT | +0.011% | +0.0994% | 4h | $659K | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.079% | +0.0100% | 4h | $21K | $309K | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.193% | +0.0100% | 1h | $38K | $159K | 3x | as long as short |
| Extended USELESS-USD | +0.218% | +0.0432% | 1h | $264K | $915K | 5x | as long as short |
| Gate USELESS_USDT | +0.246% | +0.0100% | 4h | $6.5M | $5.9M | 50x | as long as short |
| MEXC USELESS_USDTshort | +0.282% | +0.0432% | 4h | $17.6M | $4.4M | 50x | |
| KuCoin USELESSUSDTM | +0.311% | +0.0100% | 4h | $5.1M | $6.8M | 12x | as long as short |
| Binance USELESSUSDT | +0.317% | +0.0432% | 4h | $23.7M | $85.4M | 50x | as long as short |
| OKX USELESS-USDT-SWAP | +0.361% | +0.0100% | 4h | $9.4M | $53.1M | 10x | as long as short |
| Bybit USELESSUSDT | +0.425% | +0.0335% | 4h | $27.4M | $34.9M | 13x | as long as short |
| Bitget USELESSUSDT | +0.436% | +0.0210% | 4h | $5.3M | $6.6M | 20x | as long as short |
| BingX USELESS-USDT | +0.472% | +0.0404% | 4h | — | $4.0M | — | as long as short |
Pacifica USELESS
MEXC USELESS_USDT
Injective
Variational Omni
ApeX Omni
Lighter
SunX
Phemex
BloFin
Hyperliquid
Aster
HTX
Polymarket Perps
Extended
Gate
KuCoin
Binance
OKX
Bybit
Bitget
BingX