USELESS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowUSELESS-USDC	0.1313	+0.0100	pay 0.0013% / 1h	53m 43s	$29K	$241K	12x	Long TxFlow5% off
SHORT	LighterUSELESS	0.1314	+0.0704	get 0.0088% / 1h	53m 43s	$627K	$180K	3x	Short Lighter7d free

Price gap+0.076%

Funding gap+0.0604% /8h

Funding pays +$18 a day on $10k, but the gap is 0.061% under its 7d average: −$6 if it goes back, about 8 hours of funding. At the last 7 days' pace that is about 4.8 days.

If you open now and hold

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

Funding+$9+0.0604% /8h now · paid +0.088% over the last 7D

Price−$6spread +0.076% now, avg +0.137% → −0.061% if it goes back

Costs−$980.980% of $10k · taker + slippage, in and out

Result−$95−0.95%+ Points / potential airdropTxFlow: points · Lighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.088% in total, about +0.0042%/8h on average.

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+0.076%

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 size29.9 / 18.2 bp
At $10k entering TxFlow costs 29.9 bp, fee and slippage, 1.6× Lighter’s.
Note: Margin at max leverage$833 + $3,333
TxFlow 12x, Lighter 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$18.12Long TxFlow: 24 payments, −$3.00; short Lighter: 24 payments, +$21.12.
Watch: Gap narrower than usual+0.076% vs +0.137%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$29K vs $627K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points · Lighter Season 3
Volume here counts toward the points program.
OK: No KYC on either legTxFlow No · Lighter 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+0.0042%/8h × 21 periods+$8.81

Price spread+0.076% → +0.137% (7d avg)−$6.05

Slippage, 4 orderslive order books−$88.96

Fee TxFlow bp × 2 orders−$9.00

Fee Lighter bp × 2 orders$0.00

Net · 7 days · $10k−$95.20

Costs to cover0.980%Break-even82.6 days

Slippage: TxFlow: live order book, 2 min ago; Lighter: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow3.0629.9 bp−$30doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTLighter6.4718.2 bp−$18100.5 bp−$1,005doesn’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