USELESS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniUSELESS	0.1605	+0.0100	pay 0.0050% / 4h	2h 21m	$388K	$581K	50x	Long Variational Omni+15% pts
SHORT	TxFlowUSELESS-USDC	0.1607	+0.0100	get 0.0013% / 1h	21m 43s	$65K	$282K	12x	Short TxFlow5% off

Price gap+0.130%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$13 on $10k if the gap goes back to its 7d average.

If you open now and hold

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

Funding$00.0000% /8h now · paid +0.005% over the last 7D

Price+$13spread +0.130% now, avg −0.001% → +0.131% if it goes back

Costs−$1131.125% of $10k · taker + slippage, in and out

Result−$99−0.99%+ Points / potential airdropVariational Omni: points · TxFlow: 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+0.130%

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 size47.1 / 25.7 bp
At $10k entering Variational Omni costs 47.1 bp, fee and slippage, 1.8× TxFlow’s.
Note: Margin at max leverage$200 + $833
Variational Omni 50x, TxFlow 12x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: $0.00Long Variational Omni: 6 payments, −$3.00; short TxFlow: 24 payments, +$3.00.
OK: Entry gap works for you+0.130% vs −0.001%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$65K vs $388K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points · TxFlow points
Volume here counts toward the points program.
OK: No KYC on either legVariational Omni No · TxFlow 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+0.0002%/8h × 21 periods+$0.46

Price spread+0.130% → −0.001% (7d avg)+$13.10

Slippage, 4 orderslive order books−$103.52

Fee Variational Omni bp × 2 orders$0.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$98.96

Costs to cover1.125%Break-even1527.7 days

Slippage: Variational Omni: RFQ quote, 3 min ago; TxFlow: live order book, 66 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni6.2747.1 bp−$4775.3 bp−$753doesn’t fitdoesn’t fit

SELL · SHORTTxFlow6.7425.7 bp−$2699.4 bp−$994doesn’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