USELESS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowUSELESS-USDC	0.1681	+0.0100	pay 0.0013% / 1h	56m 20s	$77K	$290K	12x	Long TxFlow5% off
SHORT	OKXUSELESS-USDT-SWAP	0.1683	+0.0205	get 0.0103% / 4h	56m 20s	$4.6M	$26.5M	10x	Short OKX

Price gap+0.143%

Funding gap+0.0105% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.033% above its 7d average: +$3 more if it goes back.

If you open now and hold

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

Funding+$4+0.0105% /8h now · paid +0.042% over the last 7D

Price+$3spread +0.143% now, avg +0.110% → +0.033% if it goes back

Costs−$780.775% of $10k · taker + slippage, in and out

Result−$70−0.70%+ 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+0.143%

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 size17.1 / 19.9 bp
At $10k entering OKX costs 19.9 bp, fee and slippage, 1.2× TxFlow’s.
Note: Margin at max leverage$833 + $1,000
TxFlow 12x, OKX 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: +$3.16Long TxFlow: 24 payments, −$3.00; short OKX: 6 payments, +$6.16.
OK: Entry gap works for you+0.143% vs +0.110%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$77K vs $4.6M 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 · OKX Yes
Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0020%/8h × 21 periods+$4.17

Price spread+0.143% → +0.110% (7d avg)+$3.26

Slippage, 4 orderslive order books−$58.52

Fee TxFlow bp × 2 orders−$9.00

Fee OKX bp × 2 orders−$10.00

Net · 7 days · $10k−$70.08

Costs to cover0.775%Break-even124.5 days

Slippage: TxFlow: live order book, 35 min ago; OKX: live order book, 2 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 · SHORTOKX0.5919.9 bp−$2086.4 bp−$864doesn’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