Funding you earn now, next payment 00:00 UTC−0.1021%/8h= −111.8% APRnext payment −$5.10 per $10,000 · paid last 24h −0.147%
Price spread now: HTX against Variational Omni−0.225%7-day average −0.232% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.281%−$28 on $10k
+Price spread, last 3 days (all we have)−0.188%−$19 · spread now −0.225%, 7d avg −0.232%
=Together, before fees−0.469%+ Points / potential airdropVariational Omni: Active · farm board−$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.232%, so right now this pair is about funding alone: −$31 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.281% in total (about -30.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni USELESS | 0.2811 | 0.1121 | pay 0.0560% / 4h | 25m 44s | $1.2M | $1.8M | — |
| Short | HTX USELESS-USDT | 0.2805 | 0.0100 | get 0.0050% / 4h | 25m 44s | $18K | $496K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Variational Omni. 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
- −$214.33
- Price spread: −0.225% → −0.232%
- $0.67
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$225.67
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; HTX: live order book, 53 min ago. 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 Variational Omni RFQ quote, 3 min ago | 5.32 bp | doesn't fit | 47.8 bp −$478 | doesn't fit | doesn't fit |
| Sell HTX live order book, 53 min ago | 45.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | 0.2805 | −0.232% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2805 | −0.225% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2806 | −0.204% | $9.9M | $66.3M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2808 | −0.108% | $35K | $158K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2809 | −0.086% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDTshort | +0.0100% | 4h | 0.2805 | −0.225% | $18K | $496K | 20x | |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2803 | −0.310% | $568K | $1.2M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0147% | 1h | 0.2815 | +0.127% | $39K | $702K | 25x | as long as short |
| Aevo USELESS-PERP | +0.0208% | 1h | 0.2813 | +0.061% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0234% | 4h | 0.2807 | −0.165% | $5.2M | $10.0M | 12x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USELESSUSDT | +0.0324% | 4h | 0.2805 | −0.221% | $5.3M | $9.4M | 20x | as long as short |
| Gate USELESS_USDT | +0.0354% | 4h | 0.2802 | −0.350% | $7.0M | $8.3M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0497% | 4h | 0.2823 | +0.398% | $21K | $191K | 10x | as long as short |
| Binance USELESSUSDT | +0.0500% | 4h | 0.2805 | −0.213% | $23.6M | $116.2M | 50x | as long as short |
| Extended USELESS-USD | +0.0504% | 1h | 0.2803 | −0.312% | $295K | $966K | 5x | as long as short |
| MEXC USELESS_USDT | +0.0508% | 4h | 0.2804 | −0.268% | $10.3M | $6.0M | 50x | as long as short |
| BingX USELESS-USDT | +0.0960% | 4h | 0.2806 | −0.200% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.0975% | 4h | 0.2809 | −0.072% | $27.7M | $45.7M | 13x | as long as short |
| Aster USELESSUSDT | +0.1083% | 4h | 0.2805 | −0.221% | $645K | $2.3M | 10x | as long as short |
| Variational Omni USELESSlong | +0.1121% | 4h | 0.2811 | long leg | $1.2M | $1.8M | — | |
| BloFin USELESS-USDT | +0.1302% | 4h | 0.2817 | +0.212% | $1.2M | $2.0M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1324% | 4h | 0.2810 | −0.037% | $22K | $1.4M | 10x | as long as short |
| Hyperliquid USELESS | +0.1542% | 1h | 0.2812 | +0.018% | $14.0M | $21.1M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2980 | +5.985% | $5K | $9K | 5.5x | as long as short |
Variational Omni USELESS
HTX USELESS-USDT
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDT
KuCoin USELESSUSDTM
Bitget USELESSUSDT
Gate USELESS_USDT
edgeX USELESSUSDC
Binance USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
BingX USELESS-USDT
Bybit USELESSUSDT
Aster USELESSUSDT
BloFin USELESS-USDT
Hyperliquid USELESS
Injective USELESS/USDC PERP