# USELESS Funding Rate on Lighter

As of 2026-10-04 21:41 UTC, the USELESS perpetual on Lighter pays 0.0248% per 8h, 0.0248% per 8 hours (27.16% APR), so longs pay shorts. That is the 4th highest of 21 exchanges shown, against a volume-weighted average of 0.0183% per 8 hours (20.02% APR). Over the last 7 days Lighter averaged 0.0421% per 8 hours (46.08% APR).

## Funding on every 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) | 0.0176% | 1h | 154.14% | 2026-10-04 22:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/useless/woofipro) | [USELESS/USDC:USDC](https://pro.woofi.com/en/trade/USELESS_PERP) | 0.0504% | 4h | 110.47% | 2026-10-05 00:00 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) | 0.0334% | 4h | 73.10% | 2026-10-05 00:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/useless/lighter) | [USELESS/USDC:USDC](https://app.lighter.xyz/trade/USELESS) | 0.0248% | 8h | 27.16% | — |
| [KuCoin](https://arbtide.com/funding-rates/useless/kucoin) | [USELESS/USDT:USDT](https://www.kucoin.com/trade/futures/USELESSUSDTM) | 0.0122% | 4h | 26.72% | 2026-10-05 00:00 UTC |
| [BingX](https://arbtide.com/funding-rates/useless/bingx) | [USELESS/USDT:USDT](https://bingx.com/en/perpetual/USELESS-USDT) | 0.0110% | 4h | 24.09% | — |
| [LBank](https://arbtide.com/funding-rates/useless/lbank) | [USELESS/USDT:USDT](https://www.lbank.com/futures/uselessusdt) | 0.0099% | 4h | 21.71% | 2026-10-05 00:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/useless/mexc) | [USELESS/USDT:USDT](https://www.mexc.com/futures/USELESS_USDT) | 0.0099% | 4h | 21.68% | 2026-10-05 00:00 UTC |
| [Extended](https://arbtide.com/funding-rates/useless/extended) | [USELESS/USDC:USDC](https://app.extended.exchange/perp/USELESS-USD) | 0.0024% | 1h | 21.02% | 2026-10-04 22:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/useless/xt) | [USELESS/USDT:USDT](https://www.xt.com/en/futures/trade/useless_usdt) | 0.0095% | 4h | 20.91% | 2026-10-05 00:00 UTC |
| [Binance](https://arbtide.com/funding-rates/useless/binance) | [USELESS/USDT:USDT](https://www.binance.com/en/futures/USELESSUSDT) | 0.0095% | 4h | 20.88% | 2026-10-05 00:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/useless/toobit) | [USELESS/USDT:USDT](https://www.toobit.com/en-US/futures/USELESS-SWAP-USDT) | 0.0095% | 4h | 20.88% | 2026-10-05 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/useless/weex) | [USELESS/USDT:USDT](https://www.weex.com/futures/USELESS-USDT) | 0.0091% | 4h | 19.88% | 2026-10-04 21:41 UTC |
| [Bitget](https://arbtide.com/funding-rates/useless/bitget) | [USELESS/USDT:USDT](https://www.bitget.com/futures/usdt/USELESSUSDT) | 0.0052% | 4h | 11.39% | — |
| [OKX](https://arbtide.com/funding-rates/useless/okx) | [USELESS/USDT:USDT](https://www.okx.com/trade-swap/useless-usdt-swap) | 0.0051% | 4h | 11.22% | 2026-10-05 00:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/useless/bybit) | [USELESS/USDT:USDT](https://www.bybit.com/trade/usdt/USELESSUSDT) | 0.0050% | 4h | 10.95% | 2026-10-05 00:00 UTC |
| [Gate](https://arbtide.com/funding-rates/useless/gate) | [USELESS/USDT:USDT](https://www.gate.com/futures/USDT/USELESS_USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 00:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/useless/btse) | [USELESS/USDT:USDT](https://www.btse.com/en/futures/USELESS-PERP) | 0.0050% | 4h | 10.95% | — |
| [Hyperliquid](https://arbtide.com/funding-rates/useless/hyperliquid) | [USELESS/USDC:USDC](https://app.hyperliquid.xyz/trade/USELESS) | 0.0013% | 1h | 10.95% | 2026-10-04 22:00 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% | 2026-10-04 22:00 UTC |

## Frequently asked questions

### What is the USELESS funding rate on Lighter?

0.0248% per 8h, or 0.0248% per 8 hours (27.16% APR), so longs pay shorts. The 7-day average is 0.0421% per 8 hours (46.08% APR).

### How often does Lighter pay USELESS funding?

Every 8 hours.

### Is USELESS funding on Lighter higher than on other exchanges?

Lighter is the 4th highest of 21 exchanges shown. The highest is Lighter at 0.0248% per 8h (27.16% APR) and the lowest is Aster at 0.0050% per 4h (10.95% APR).

### How do you arbitrage USELESS funding with Lighter?

Long USELESS on Aster and short on Lighter for a gross spread of 0.0148% per 8 hours (16.21% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.