USELESS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Lighter RHUSELESS	0.1594	+0.0096	pay 0.0012% / 1h	56m 39s	$31K	$94K	3x	Long Lighter RH+10% pts
SHORT	HTXUSELESS-USDT	0.1591	+0.0100	get 0.0050% / 4h	3h 56m	$21K	$245K	20x	Short HTX

Price gap−0.207%

Funding gap+0.0004% /8h

Funding is ≈ 0 and the gap is 0.033% under its 7d average: the price leg works against you, −$3 on $10k if it goes back.

If you open now and hold

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

Funding+$1+0.0004% /8h now · paid +0.008% over the last 7D

Price−$3spread −0.207% now, avg −0.174% → −0.033% if it goes back

Costs−$1321.322% of $10k · taker + slippage, in and out

Result−$135−1.35%+ Points / potential airdropLighter RH: Points live · 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−0.207%

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 size10.0 / 50.0 bp
At $10k entering HTX costs 50.0 bp, fee and slippage, 5.0× Lighter RH’s.
Note: Margin at max leverage$3,333 + $500
Lighter RH 3x, HTX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$0.12Long Lighter RH: 24 payments, −$2.88; short HTX: 6 payments, +$3.00.
Watch: Gap narrower than usual−0.207% vs −0.174%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$21K vs $31K OI
HTX sets your exit cost. Check its book before closing.
OK: Points on a legLighter RH Points live
Volume here counts toward the points program.
Watch: KYCLighter RH No · HTX Limited
No ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0004%/8h × 21 periods+$0.84

Price spread−0.207% → −0.174% (7d avg)−$3.31

Slippage, 4 orderslive order books−$120.24

Fee Lighter RH bp × 2 orders$0.00

Fee HTX bp × 2 orders−$12.00

Net · 7 days · $10k−$134.72

Costs to cover1.322%Break-even1129.6 days

Slippage: Lighter RH: live order book, 65 min ago; HTX: live order book, 60 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGLighter RH4.3810.0 bp−$1090.4 bp−$904doesn’t fitdoesn’t fit

SELL · SHORTHTX20.7050.0 bp−$50doesn’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