USELESS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowUSELESS-USDC	0.1290	+0.0100	pay 0.0013% / 1h	53m 18s	$42K	$320K	12x	Long TxFlow5% off
SHORT	edgeXUSELESSUSDC	0.1290	+0.0111	get 0.0055% / 4h	3h 53m	$6K	$112K	10x	Short edgeX

Price gap+0.034%

Funding gap+0.0011% /8h

Both sides work: funding pays $0 a day on $10k, and the gap is 0.024% above its 7d average: +$2 more if it goes back.

If you open now and hold

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

Funding$0+0.0011% /8h now · paid +0.002% over the last 7D

Price+$2spread +0.034% now, avg +0.010% → +0.024% if it goes back

Costs−$2282.282% of $10k · taker + slippage, in and out

Result−$226−2.26%+ Points / potential airdropTxFlow: points · edgeX: 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+0.034%

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

3 ok · 3 to watch

Watch: Thin at this size27.4 / 25.7 bp
At $10k entering TxFlow costs 27.4 bp, fee and slippage, 1.1× edgeX’s.
Note: Margin at max leverage$833 + $1,000
TxFlow 12x, edgeX 10x. 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: +$0.32Long TxFlow: 24 payments, −$3.00; short edgeX: 6 payments, +$3.32.
OK: Entry gap works for you+0.034% vs +0.010%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$6K vs $42K OI
edgeX sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points · edgeX points
Volume here counts toward the points program.
OK: No KYC on either legTxFlow No · edgeX No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0001%/8h × 21 periods+$0.19

Price spread+0.034% → +0.010% (7d avg)+$2.40

Slippage, 4 orderslive order books−$210.23

Fee TxFlow bp × 2 orders−$9.00

Fee edgeX bp × 2 orders−$9.00

Net · 7 days · $10k−$225.64

Costs to cover2.282%Break-even8375.0 days

Slippage: TxFlow: live order book, 37 min ago; edgeX: live order book, 37 min ago

Cost to enter

taker + slippage from mid, one side

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

SELL · SHORTedgeX1.8525.7 bp−$26doesn’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