Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.1681+0.0100pay 0.0013% / 1h56m 19s$77K$290K12xLong TxFlow5% off
SHORT0.1682+0.0100get 0.0050% / 4h56m 19s$3.1M$2.9M20xShort Bitget
Price gap+0.089%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding$00.0000% /8h now · paid +0.001% over the last 7D
Price$0spread +0.089% now, avg +0.087% → +0.002% if it goes back
Costs−$740.744% of $10k · taker + slippage, in and out
Result−$74−0.74%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.089%
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 · 4 to watch
  • Watch: Thin at this size17.1 / 21.3 bp
    At $10k entering Bitget costs 21.3 bp, fee and slippage, 1.2× TxFlow’s.
  • Note: Margin at max leverage$833 + $500
    TxFlow 12x, Bitget 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: $0.00Long TxFlow: 24 payments, −$3.00; short Bitget: 6 payments, +$3.00.
  • Note: Gap at its usual level+0.089% vs +0.087%
    The price leg adds little either way.
  • Watch: Long leg is thinner$77K vs $3.1M 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 · Bitget Yes
    KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned0.0000%/8h × 21 periods+$0.08
Price spread+0.089% → +0.087% (7d avg)+$0.22
Slippage, 4 orderslive order books−$53.39
Fee TxFlow bp × 2 orders−$9.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$74.09
Costs to cover0.744%Break-even6146.4 days
Slippage: TxFlow: live order book, 35 min ago; Bitget: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGTxFlow2.6717.1 bp−$17208.4 bp−$2,084doesn’t fitdoesn’t fit
SELL · SHORTBitget2.6721.3 bp−$2156.6 bp−$566doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

USELESS news

posts that mention USELESS, from every exchangeSearch all news →
10-02 16:07Lighter RHListingNew perp listing! You can now trade $USELESS on Lighter on Robinhood Chain at 3x leverage. @Lighter_xyz on X ↗
10-02 14:14Lighter RHListingnew market USELESS ($USELESS) seen by our collector
10-01 10:34AvantisListingnew market USELESS/USD ($USELESS) seen by our collector
09-25 05:25ArcusListing$USELESS perpetuals are now live on Arcus. Up to 10x leverage. @arcus_xyz on X ↗
09-24 17:18ArcusListingnew market USELESS-USD ($USELESS) seen by our collector
09-22 14:31NadoListingnew market USELESS-PERP ($USELESS) seen by our collector