Funding you earn now, next payment 00:00 UTC+0.4900%/8h= +536.5% APRpaid last 24h −1.034%
Price spread now: Injective against SunX+5.883%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$147 a day on $10k at the current rate, and Injective is 5.883% dearer against SunX than usual: you sell high and buy low: +$588 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX USELESS-USDT | 0.2837 | 0.0100 | pay 0.0050% / 4h | 48m 35s | — | $1.4M | 10x |
| Short | Injective USELESS/USDC PERP | 0.3004 | 0.5000 | get 0.0625% / 1h | 48m 35s | $5K | $9K | 5.5x |
SunX USELESS-USDT
Injective USELESS/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against SunX. 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
- $1,029
- Price spread: +5.883% → 0.000%
- $588.28
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,609.26
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 6 min ago; Injective: no order-book sample. 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 SunX live order book, 6 min ago | 37.84 bp | 142.2 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | 0.2841 | +0.127% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2840 | +0.106% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2846 | +0.328% | $10.0M | $66.8M | 10x | as long as short |
| SunX USELESS-USDTlong | +0.0100% | 4h | 0.2837 | long leg | — | $1.4M | 10x | |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2849 | +0.405% | $19K | $493K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2838 | +0.042% | $570K | $1.2M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0125% | 1h | 0.2843 | +0.215% | $31K | $153K | 3x | as long as short |
| Aevo USELESS-PERP | +0.0216% | 1h | 0.2842 | +0.174% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0334% | 4h | 0.2840 | +0.088% | $5.2M | $9.9M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0418% | 4h | 0.2840 | +0.116% | $5.4M | $9.3M | 20x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
HTX USELESS-USDT
Phemex USELESSUSDT
Polymarket Perps USELESS-USD
Aevo USELESS-PERP
KuCoin USELESSUSDTM
Bitget USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0484% | 4h | 0.2840 | +0.099% | $7.1M | $8.2M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0529% | 4h | 0.2841 | +0.142% | $21K | $192K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0542% | 4h | 0.2840 | +0.113% | $10.5M | $6.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0543% | 4h | 0.2844 | +0.233% | $23.9M | $115.6M | 50x | as long as short |
| Extended USELESS-USD | +0.0544% | 1h | 0.2841 | +0.126% | $298K | $966K | 5x | as long as short |
| ApeX Omni USELESSUSDT | +0.0820% | 1h | 0.2833 | −0.145% | $39K | $701K | 25x | as long as short |
| Aster USELESSUSDT | +0.1162% | 4h | 0.2839 | +0.055% | $653K | $2.2M | 10x | as long as short |
| BingX USELESS-USDT | +0.1162% | 4h | 0.2843 | +0.222% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.1222% | 4h | 0.2844 | +0.247% | $28.2M | $45.4M | 13x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1337% | 4h | 0.2840 | +0.116% | $22K | $1.4M | 10x | as long as short |
| Variational Omni USELESS | +0.1363% | 4h | 0.2833 | −0.131% | $1.2M | $1.7M | — | as long as short |
| Hyperliquid USELESS | +0.1420% | 1h | 0.2843 | +0.211% | $14.0M | $21.0M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1581% | 4h | 0.2842 | +0.155% | $1.2M | $2.0M | 12x | as long as short |
| Injective USELESS/USDC PERPshort | +0.5000% | 1h | 0.3004 | +5.883% | $5K | $9K | 5.5x |
Gate USELESS_USDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
ApeX Omni USELESSUSDT
Aster USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Orderly PERP_USELESS_USDC
Variational Omni USELESS
Hyperliquid USELESS
BloFin USELESS-USDT