data as of
Settings8H · net · $10k
Price arb /

USELESS

all USELESS markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.014%
7d averageif it closes, per $10,000$1funding while held, a day+$2.52
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX USELESS-USDT0.27920.0100pay 0.0050% / 4h13m 01s$1.3M10x
ShortAevo USELESS-PERP0.27930.0184get 0.0023% / 1h13m 01s$10K3x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$1.43
Funding while held
$2.52
Slippage, 4 orders
no order book: not counted
Fee SunX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$22.05
Spread needed to break even
0.260%
Slippage unknown: SunX: live order book, 8 min ago; Aevo: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0084%
Per $10,000 a day
+$2.52
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 8 min ago46.47 bp66.2 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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 price on every exchange

against the cheapest. Click to use as the short leg.

USELESS on 24 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective USELESS/USDC PERP−5.938%−0.5000%1h$3K$18K5.5xas long as short
Variational Omni USELESS−0.692%+0.0453%4h$1.2M$1.6Mas long as short
ApeX Omni USELESSUSDT−0.659%+0.0100%1h$36K$683K25xas long as short
edgeX USELESSUSDC−0.469%+0.0410%4h$21K$185K10xas long as short
HTX USELESS-USDT−0.233%+0.0100%4h$21K$309K20xas long as short
Gate USELESS_USDT−0.190%+0.0100%4h$6.5M$5.9M50xas long as short
KuCoin USELESSUSDTM−0.179%+0.0100%4h$5.0M$6.8M12xas long as short
Phemex USELESSUSDT−0.136%+0.0496%4h$507K$1.3M20xas long as short
BingX USELESS-USDT−0.133%+0.0410%4h$4.0Mas long as short
OKX USELESS-USDT-SWAP−0.100%+0.0100%4h$9.4M$52.7M10xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Lighter USELESS−0.097%+0.0096%1h$1.3M$881K3xas long as short
Bybit USELESSUSDT−0.082%+0.0310%4h$27.2M$34.9M13xas long as short
MEXC USELESS_USDT−0.064%+0.0416%4h$17.4M$4.4M50xas long as short
Bitget USELESSUSDT−0.054%+0.0208%4h$5.2M$6.6M20xas long as short
Extended USELESS-USD−0.045%+0.0424%1h$263K$915K5xas long as short
Binance USELESSUSDT−0.044%+0.0425%4h$23.5M$85.4M50xas long as short
Orderly PERP_USELESS_USDC−0.043%+0.1022%4h$19K$1.4M10xas long as short
Hyperliquid USELESS−0.004%+0.1134%1h$12.4M$13.6M3xas long as short
Aster USELESSUSDT0.000%+0.0976%4h$658K$1.3M10xas long as short
SunX USELESS-USDTlong0.000%+0.0100%4h$1.3M10x
Aevo USELESS-PERPshort+0.014%+0.0184%1h$10K3x
BloFin USELESS-USDT+0.043%+0.0557%4h$1.2M$1.6M12xas long as short
Pacifica USELESS+0.075%+0.0100%1h$28K$103K3xas long as short
Polymarket Perps USELESS-USD+0.093%+0.0100%1h$38K$166K3xas long as short