Funding arb · Price arb / Crypto
USELESS
All USELESS markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1364 | +0.0096 | pay 0.0012% / 1h | 55m 36s | $18K | $71K | 3x | Long Lighter RH+10% pts | |
| SHORT | 0.1361 | +0.0100 | get 0.0050% / 4h | 55m 36s | — | $1.1M | 10x | Short SunX≤10% back |
Price gap−0.176%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.176% under zero (no 7-day history yet): the price leg works against you, −$18 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0004% /8h now · paid +0.008% over the last 7D
Price—spread −0.176% now · no price history on both exchanges yet
Costsno datano order book for Lighter RH
Result, before costs—+ Points / potential airdropLighter RH: Points live · farm boardneeds both price histories
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−0.176%
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
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Lighter RH: its slippage is not counted.
- Note: Margin at max leverage$3,333 + $1,000Lighter RH 3x, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments 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 SunX: 6 payments, +$3.00.
- Note: No 7-day spread history−0.176%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner— vs $18K OISunX sets your exit cost. Check its book before closing.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- OK: No KYC on either legLighter RH No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0004%/8h × 21 periods+$0.84
Price spread−0.176% → 0−$17.60
Slippage, 4 ordersno data for Lighter RH—
Fee Lighter RH bp × 2 orders$0.00
Fee SunX bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$24.76
Costs to cover0.080%Break-even213.3 days
Slippage: Lighter RH: no order-book sample; SunX: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter RH—————
SELL · SHORTSunX900.51doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Lighter RH: no data.
| 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 |


Avantis