USELESS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowUSELESS-USDC	0.1297	+0.0100	pay 0.0013% / 1h	2m 33s	$41K	$318K	12x	Long TxFlow5% off
SHORT	BingXUSELESS-USDT	0.1300	+0.0100	get 0.0050% / 4h	2m 33s	$1.9M	$3.8M	—	Short BingX

Price gap+0.247%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$11 on $10k if the gap goes back to its 7d average.

If you open now and hold

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

Funding+$140.0000% /8h now · paid +0.141% over the last 7D

Price+$11spread +0.247% now, avg +0.132% → +0.114% if it goes back

Costs−$820.821% of $10k · taker + slippage, in and out

Result−$57−0.57%+ 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+0.247%

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

2 ok · 4 to watch

Watch: Thin at this size27.4 / 19.9 bp
At $10k entering TxFlow costs 27.4 bp, fee and slippage, 1.4× BingX’s.
Note: Margin at max leverage$833 + —
TxFlow 12x, BingX —. 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: $0.00Long TxFlow: 24 payments, −$3.00; short BingX: 6 payments, +$3.00.
OK: Entry gap works for you+0.247% vs +0.132%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$41K vs $1.9M 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: KYCTxFlow No · BingX Yes
Advanced 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 out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0067%/8h × 21 periods+$14.12

Price spread+0.247% → +0.132% (7d avg)+$11.43

Slippage, 4 orderslive order books−$63.13

Fee TxFlow bp × 2 orders−$9.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$56.57

Costs to cover0.821%Break-even35.0 days

Slippage: TxFlow: live order book, 28 min ago; BingX: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow2.2227.4 bp−$27doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBingX0.3819.9 bp−$2075.2 bp−$752372.1 bp−$37.2K982.2 bp−$491.1K

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