Funding arb · Price arb / Crypto
USELESS
All USELESS markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1368 | +0.0100 | pay 0.0050% / 4h | 59m 06s | $2.0M | $3.6M | — | Long BingX | |
| SHORT | 0.1365 | +0.0100 | get 0.0013% / 1h | 59m 06s | $35K | $317K | 12x | Short TxFlow5% off |
Price gap−0.227%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.094% under its 7d average: the price leg works against you, −$9 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$140.0000% /8h now · paid −0.141% over the last 7D
Price−$9spread −0.227% now, avg −0.132% → −0.094% if it goes back
Costs−$940.939% of $10k · taker + slippage, in and out
Result−$117−1.17%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / 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−0.227%
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
/8hUSELESS on 29 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size19.2 / 31.2 bpAt $10k entering TxFlow costs 31.2 bp, fee and slippage, 1.6× BingX’s.
- Note: Margin at max leverage— + $833BingX —, TxFlow 12x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long BingX: 6 payments, −$3.00; short TxFlow: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.227% vs −0.132%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$35K vs $2.0M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · TxFlow NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0067%/8h × 21 periods−$14.12
Price spread−0.227% → −0.132% (7d avg)−$9.41
Slippage, 4 orderslive order books−$74.95
Fee BingX bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$117.48
Costs to cover0.939%Break-evennever at this rate
Slippage: BingX: live order book, 6 min ago; TxFlow: live order book, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX4.7619.2 bp−$1983.6 bp−$836doesn’t fitdoesn’t fit
SELL · SHORTTxFlow4.0231.2 bp−$31432.1 bp−$4,321doesn’t fitdoesn’t fit
Closing costs about the same again.
| 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 |

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