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

USELESS

all USELESS markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$183
spread now−0.156%7d average−0.054%fees + slippage, in and out−$173spread needed1.725%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX USELESS-USDT0.28880.0100pay 0.0050% / 4h2h 40m$1.3M10x
ShortAster USELESSUSDT0.28830.1001get 0.0500% / 4h2h 40m$673K$1.6M10x

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
−$15.58
Funding while held
$27.02
Slippage, 4 orders
−$154.54
Fee SunX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$161.1
Spread needed to break even
1.725%
Slippage from SunX: live order book, 10 min ago; Aster: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0901%
Per $10,000 a day
+$27.02
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, 10 min ago44.65 bp64.2 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 4 min ago3.10 bp21.6 bp −$22111.7 bp −$1,117doesn't fitdoesn't fit

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−6.202%−0.5000%1h$3K$16K5.5xas long as short
HTX USELESS-USDT−0.519%+0.0100%4h$21K$330K20xas long as short
Gate USELESS_USDT−0.280%+0.0100%4h$6.8M$6.2M50xas long as short
Lighter USELESS−0.256%+0.0096%1h$1.3M$1.0M3xas long as short
KuCoin USELESSUSDTM−0.235%+0.0100%4h$5.2M$7.6M12xas long as short
Bitget USELESSUSDT−0.218%+0.0100%4h$5.4M$6.9M20xas long as short
Pacifica USELESS−0.187%+0.0100%1h$29K$93K3xas long as short
Extended USELESS-USD−0.164%+0.0432%1h$269K$912K5xas long as short
Aster USELESSUSDTshort−0.156%+0.1001%4h$673K$1.6M10x
BloFin USELESS-USDT−0.152%+0.0433%4h$1.2M$1.7M12xas long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance USELESSUSDT−0.151%+0.0432%4h$24.4M$90.9M50xas long as short
Aevo USELESS-PERP−0.149%+0.0192%1h$10K3xas long as short
BingX USELESS-USDT−0.145%+0.0430%4h$4.4Mas long as short
MEXC USELESS_USDT−0.118%+0.0438%4h$18.6M$4.8M50xas long as short
Orderly PERP_USELESS_USDC−0.048%+0.0966%4h$22K$1.4M10xas long as short
Hyperliquid USELESS−0.042%+0.0881%1h$13.9M$14.9M3xas long as short
Phemex USELESSUSDT−0.003%+0.0903%4h$534K$1.3M20xas long as short
SunX USELESS-USDTlong0.000%+0.0100%4h$1.3M10x
OKX USELESS-USDT-SWAP+0.014%+0.0100%4h$9.8M$57.5M10xas long as short
Bybit USELESSUSDT+0.052%+0.0175%4h$28.4M$36.5M13xas long as short
Polymarket Perps USELESS-USD+0.107%+0.0100%1h$28K$112K3xas long as short
ApeX Omni USELESSUSDT+0.215%+0.0100%1h$36K$695K25xas long as short
edgeX USELESSUSDC+0.295%+0.0448%4h$22K$186K10xas long as short
Variational Omni USELESS+0.369%+0.0377%4h$1.2M$1.5Mas long as short