# USELESS Funding Rates

As of 2026-10-03 03:58 UTC, USELESS perpetual funding averages 0.0101% per 8 hours (11.00% APR) across all 21 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: Extended at 0.0013% per 1h (11.39% APR). Lowest: Lighter at 0.0096% per 8h (10.51% APR). Going long on Lighter and short on Extended collects a gross spread of 0.0008% per 8 hours (0.88% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Crypto.com](https://arbtide.com/funding-rates/useless/cryptocom) | [USELESS/USD:USD](https://crypto.com/exchange/trade/USELESSUSD-PERP) | 0.0152% | 1h | 132.93% | 2026-10-03 04:00 UTC |
| [HTX](https://arbtide.com/funding-rates/useless/htx) | [USELESS/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=USELESS-USDT&contract_type=swap&type=cross) | 0.0376% | 4h | 82.41% | 2026-10-03 04:00 UTC |
| [Extended](https://arbtide.com/funding-rates/useless/extended) | [USELESS/USDC:USDC](https://app.extended.exchange/perp/USELESS-USD) | 0.0013% | 1h | 11.39% | 2026-10-03 04:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/useless/xt) | [USELESS/USDT:USDT](https://www.xt.com/en/futures/trade/useless_usdt) | 0.0052% | 4h | 11.30% | 2026-10-03 04:00 UTC |
| [Binance](https://arbtide.com/funding-rates/useless/binance) | [USELESS/USDT:USDT](https://www.binance.com/en/futures/USELESSUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/useless/bybit) | [USELESS/USDT:USDT](https://www.bybit.com/trade/usdt/USELESSUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [OKX](https://arbtide.com/funding-rates/useless/okx) | [USELESS/USDT:USDT](https://www.okx.com/trade-swap/useless-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/useless/bitget) | [USELESS/USDT:USDT](https://www.bitget.com/futures/usdt/USELESSUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/useless/gate) | [USELESS/USDT:USDT](https://www.gate.com/futures/USDT/USELESS_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/useless/kucoin) | [USELESS/USDT:USDT](https://www.kucoin.com/trade/futures/USELESSUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/useless/mexc) | [USELESS/USDT:USDT](https://www.mexc.com/futures/USELESS_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [BingX](https://arbtide.com/funding-rates/useless/bingx) | [USELESS/USDT:USDT](https://bingx.com/en/perpetual/USELESS-USDT) | 0.0050% | 4h | 10.95% | — |
| [BTSE](https://arbtide.com/funding-rates/useless/btse) | [USELESS/USDT:USDT](https://www.btse.com/en/futures/USELESS-PERP) | 0.0050% | 4h | 10.95% | — |
| [LBank](https://arbtide.com/funding-rates/useless/lbank) | [USELESS/USDT:USDT](https://www.lbank.com/futures/uselessusdt) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/useless/weex) | [USELESS/USDT:USDT](https://www.weex.com/futures/USELESS-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 03:57 UTC |
| [Toobit](https://arbtide.com/funding-rates/useless/toobit) | [USELESS/USDT:USDT](https://www.toobit.com/en-US/futures/USELESS-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/useless/hyperliquid) | [USELESS/USDC:USDC](https://app.hyperliquid.xyz/trade/USELESS) | 0.0013% | 1h | 10.95% | 2026-10-03 04:00 UTC |
| [Aster](https://arbtide.com/funding-rates/useless/aster) | [USELESS/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/USELESSUSDT) | 0.0050% | 4h | 10.95% | — |
| [Pacifica](https://arbtide.com/funding-rates/useless/pacifica) | [USELESS/USDC:USDC](https://app.pacifica.fi/trade/USELESS) | 0.0013% | 1h | 10.95% | 2026-10-03 04:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/useless/woofipro) | [USELESS/USDC:USDC](https://pro.woofi.com/en/trade/USELESS_PERP) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/useless/lighter) | [USELESS/USDC:USDC](https://app.lighter.xyz/trade/USELESS) | 0.0096% | 8h | 10.51% | — |

## Frequently asked questions

### Is the USELESS funding rate positive right now?

Yes. USELESS funding is positive on 21 of the 21 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest USELESS funding rate?

Extended at 0.0013% per 1h (11.39% APR). The lowest is Lighter at 0.0096% per 8h (10.51% APR).

### What is the USELESS funding arbitrage spread?

The gross spread is 0.0008% per 8 hours (0.88% APR): long USELESS on Lighter and short on Extended. 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 HTX, XT.COM, Binance, Bybit, OKX, Bitget, Gate, KuCoin, MEXC, BingX, BTSE, LBank, WEEX, Toobit, Aster, and WOOFi Pro; every hour on Crypto.com, Extended, Hyperliquid, and Pacifica. Rates on this page are also shown as APR so they can be compared directly.