USELESS: longs are crowded; funding is 151% annualized vs. a 7-day normal of 23%
Funding paid by longs is 6.6× its 7-day average, showing too many long positions and making it more likely that price will pull back.
Extreme funding: 62% of the last 242 beat the market after 24h ·All signal types →
Down 3.9% in the suggested direction, past the default stop; no longer recommended
Why short: funding is unusually high, showing longs are overcrowded and price is more likely to pull back. Profit mainly comes from the price move, not funding: rates often flip within a day, and realized funding is only a small share. 7-day mean +0.0026%, deviation 4σ.
7-day funding trend
Hourly settlementsOver 7 days and 168 settlements, longs paid shorts 168 times and shorts paid longs 0 times; the settled low was +0.0013% and high was +0.0323%.
Tracked whales on USELESS
Tracked pool · 12 current addressesLargest Long position: $206.54K, unrealized PnL +$28.34K; at the current rate, funding affects it by about −$10 per hour.
Signals cover 424 whale wallets in the engine's tracked pool. Profiles use the Hyperliquid fills available to the engine. · Signals use the public Hyperliquid API. Nicknames describe trading style, not identity; profiles and tags are calculated from available fills.