Funding arb · Price arb / Crypto
USELESS
All USELESS markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1681 | +0.0100 | pay 0.0013% / 1h | 56m 19s | $77K | $290K | 12x | Long TxFlow5% off | |
| SHORT | 0.1682 | +0.0100 | get 0.0050% / 4h | 56m 19s | $3.1M | $2.9M | 20x | Short 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 forecastFunding$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 · 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+0.089%
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
/8hUSELESS on 29 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size17.1 / 21.3 bpAt $10k entering Bitget costs 21.3 bp, fee and slippage, 1.2× TxFlow’s.
- Note: Margin at max leverage$833 + $500TxFlow 12x, Bitget 20x. 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: $0.00Long 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 OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding 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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.
| 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 |

Lighter RH
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