USELESS Funding Rates: Live Across 20 Exchanges

As of 2026-10-03 02:23 UTC, USELESS perpetual funding averages 0.0109% per 8 hours (11.92% APR) across all 20 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: Gate at 0.0289% per 4h (63.29% APR). Lowest: Lighter at 0.0096% per 8h (10.51% APR). Going long on Lighter and short on Gate collects a gross spread of 0.0482% per 8 hours (52.78% APR) before fees.

Long USELESS on Lighter and short on Gate for a funding gap of 0.0482% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the USELESS funding rate positive right now?

Yes. USELESS funding is positive on 20 of the 20 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest USELESS funding rate?

Gate at 0.0289% per 4h (63.29% APR). The lowest is Lighter at 0.0096% per 8h (10.51% APR).

What is the USELESS funding arbitrage spread?

The gross spread is 0.0482% per 8 hours (52.78% APR): long USELESS on Lighter and short on Gate. Trading fees, slippage and price basis reduce the net return.

How often is USELESS funding paid?

USELESS funding is paid every 8 hours on Lighter; every 4 hours on Gate, HTX, XT.COM, Binance, Bybit, OKX, Bitget, KuCoin, MEXC, BingX, BTSE, LBank, WEEX, Toobit, Aster, and WOOFi Pro; every hour on Extended, Hyperliquid, and Pacifica. Rates on this page are also shown as APR so they can be compared directly.