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USELESS Funding Rate on Bybit

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As of 2026-10-03 22:14 UTC, the USELESS perpetual on Bybit pays 0.0089% per 4h, 0.0179% per 8 hours (19.60% APR), so longs pay shorts. That is the 8th highest of 21 exchanges shown, against a volume-weighted average of 0.0143% per 8 hours (15.63% APR). Over the last 7 days Bybit averaged 0.0324% per 8 hours (35.49% APR). The next funding is at 2026-10-04 00:00 UTC.

Rate per 4h
0.0089%
Same rate per 8h
0.0179%
7-day average per 8h
0.0324%
Next funding
2026-10-04 00:00 UTC
Rank
8 of 21

USELESS funding on Bybit, per 8h

USELESS funding on Bybit, per 8 hours, hourly, last 7 days0.0000%0.0500%0.1000%0.1500%13:0021:1505:3013:4522:00HW 0.1454%LW 0.0100%0.0131%

Compare Bybit with other exchanges over 7 or 30 days

USELESS funding arbitrage with Bybit

LongBybit0.0089%/4hShortWOOFi Pro0.0475%/4hFunding gap 0.0770% per 8h before fees

The widest pairing for Bybit is long USELESS on Bybit and short on WOOFi Pro. Fees, slippage and the price basis between venues reduce the net return. Learn what a funding rate is.

USELESS funding on every exchange

Showing 21 of 21

All USELESS funding rates Bybit funding rates

Frequently asked questions

What is the USELESS funding rate on Bybit?
0.0089% per 4h, or 0.0179% per 8 hours (19.60% APR), so longs pay shorts. The 7-day average is 0.0324% per 8 hours (35.49% APR).
How often does Bybit pay USELESS funding?
Every 4 hours. The next payment is at 2026-10-04 00:00 UTC.
Is USELESS funding on Bybit higher than on other exchanges?
Bybit is the 8th highest of 21 exchanges shown. The highest is WOOFi Pro at 0.0475% per 4h (103.94% APR) and the lowest is BTSE at 0.0050% per 4h (10.95% APR).
How do you arbitrage USELESS funding with Bybit?
Long USELESS on Bybit and short on WOOFi Pro for a gross spread of 0.0770% per 8 hours (84.34% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.