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

USELESS

all USELESS markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$163
spread now−0.154%7d average+0.025%fees + slippage, in and out−$145spread needed1.450%
Long on SunXShort on BloFin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX USELESS-USDT0.28550.0100pay 0.0050% / 4h3h 20m—$1.3M10x
ShortBloFin USELESS-USDT0.28510.1034get 0.0517% / 4h3h 20m$1.2M$1.7M12x

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
−$15.41
Funding while held
$28.02
Slippage, 4 orders
−$123.04
Fee SunX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$132.43
Spread needed to break even
1.450%
Slippage from SunX: live order book, 10 min ago; BloFin: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.0934%
Per $10,000 a day
+$28.02
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 ago14.19 bp33.5 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.35 bp8.6 bp −$928.1 bp −$281doesn't fitdoesn't fit

USELESS price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.2670cheapest
ApeX Omni0.2835+6.180%OKX0.2839+6.315%HTX0.2842+6.442%Bybit0.2842+6.453%MEXC0.2843+6.494%edgeX0.2844+6.500%Lighter0.2844+6.513%Binance0.2844+6.527%BingX0.2845+6.551%Pacifica0.2846+6.573%Gate0.2846+6.596%Bitget0.2847+6.610%KuCoin0.2848+6.663%Aster0.2849+6.698%Variational Omni0.2849+6.723%Extended0.2850+6.730%Hyperliquid0.2850+6.738%
BloFin0.2851+6.779%
Aevo0.2852+6.826%Polymarket Perps0.2853+6.858%Phemex0.2853+6.858%
SunX0.2855+6.944%
Orderly0.2856+6.955%

USELESS on 24 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective USELESS/USDC PERP−6.493%−0.5000%1h$3K$18K5.5xas long as short
ApeX Omni USELESSUSDT−0.714%+0.0100%1h$37K$690K25xas long as short
OKX USELESS-USDT-SWAP−0.588%+0.0100%4h$9.7M$55.8M10xas long as short
HTX USELESS-USDT−0.469%+0.0100%4h$21K$322K20xas long as short
Bybit USELESSUSDT−0.459%+0.0657%4h$27.9M$36.5M13xas long as short
MEXC USELESS_USDT−0.420%+0.0488%4h$18.1M$4.7M50xas long as short
edgeX USELESSUSDC−0.415%+0.0481%4h$22K$184K10xas long as short
Lighter USELESS−0.403%+0.0096%1h$1.3M$1.0M3xas long as short
Binance USELESSUSDT−0.390%+0.0490%4h$24.1M$89.5M50xas long as short
BingX USELESS-USDT−0.368%+0.0626%4h—$4.3M—as long as short
Show all 24 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Pacifica USELESS−0.347%+0.0100%1h$28K$104K3xas long as short
Gate USELESS_USDT−0.326%+0.0100%4h$6.7M$6.1M50xas long as short
Bitget USELESSUSDT−0.312%+0.0188%4h$5.4M$6.8M20xas long as short
KuCoin USELESSUSDTM−0.263%+0.0100%4h$5.2M$7.3M12xas long as short
Aster USELESSUSDT−0.230%+0.1094%4h$646K$1.5M10xas long as short
Variational Omni USELESS−0.207%+0.0467%4h$1.2M$1.5M—as long as short
Extended USELESS-USD−0.200%+0.0488%1h$265K$917K5xas long as short
Hyperliquid USELESS−0.193%+0.1016%1h$13.6M$14.3M3xas long as short
BloFin USELESS-USDTshort−0.154%+0.1034%4h$1.2M$1.7M12x
Aevo USELESS-PERP−0.110%+0.0200%1h$10K—3xas long as short
Polymarket Perps USELESS-USD−0.081%+0.0777%1h$33K$107K3xas long as short
Phemex USELESSUSDT−0.081%+0.0100%4h$511K$1.3M20xas long as short
SunX USELESS-USDTlong0.000%+0.0100%4h—$1.3M10x
Orderly PERP_USELESS_USDC+0.011%+0.0966%4h$22K$1.4M10xas long as short