USELESS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BinanceUSELESSUSDT	0.1308	+0.0197	pay 0.0098% / 4h	2h 12m	$9.9M	$19.4M	50x	Long Binance
SHORT	TxFlowUSELESS-USDC	0.1306	+0.0100	get 0.0013% / 1h	12m 28s	$29K	$237K	12x	Short TxFlow5% off

Price gap−0.172%

Funding gap−0.0097% /8h

Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.049% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding$0−0.0097% /8h now · paid +0.002% over the last 7D

Price−$5spread −0.172% now, avg −0.123% → −0.049% if it goes back

Costs−$950.951% of $10k · taker + slippage, in and out

Result−$100−1.00%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.172%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

USELESS on 29 exchanges

lowest funding first

Before you open

1 ok · 5 to watch

Watch: Thin at this size19.0 / 32.2 bp
At $10k entering TxFlow costs 32.2 bp, fee and slippage, 1.7× Binance’s.
Note: Margin at max leverage$200 + $833
Binance 50x, TxFlow 12x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$2.90Long Binance: 6 payments, −$5.90; short TxFlow: 24 payments, +$3.00.
Watch: Gap narrower than usual−0.172% vs −0.123%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$29K vs $9.9M OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
Watch: KYCBinance Yes · TxFlow No
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0001%/8h × 21 periods+$0.22

Price spread−0.172% → −0.123% (7d avg)−$4.87

Slippage, 4 orderslive order books−$76.12

Fee Binance bp × 2 orders−$10.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$99.77

Costs to cover0.951%Break-even3121.3 days

Slippage: Binance: live order book, 8 min ago; TxFlow: live order book, 43 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBinance0.3819.0 bp−$1973.0 bp−$730doesn’t fitdoesn’t fit

SELL · SHORTTxFlow3.0632.2 bp−$32doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

USELESS news

posts that mention USELESS, from every exchangeSearch all news →

10-02 16:07	Lighter RH	Listing	New perp listing! You can now trade $USELESS on Lighter on Robinhood Chain at 3x leverage. @Lighter_xyz on X ↗
10-02 14:14	Lighter RH	Listing	new market USELESS ($USELESS) seen by our collector
10-01 10:34	Avantis	Listing	new market USELESS/USD ($USELESS) seen by our collector
09-25 05:25	Arcus	Listing	$USELESS perpetuals are now live on Arcus. Up to 10x leverage. @arcus_xyz on X ↗
09-24 17:18	Arcus	Listing	new market USELESS-USD ($USELESS) seen by our collector
09-22 14:31	Nado	Listing	new market USELESS-PERP ($USELESS) seen by our collector