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USELESS Funding Rate on Toobit

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As of 2026-10-04 10:27 UTC, the USELESS perpetual on Toobit pays 0.0050% per 4h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 18th highest of 21 exchanges shown, against a volume-weighted average of 0.0132% per 8 hours (14.46% APR). Over the last 7 days Toobit averaged 0.0148% per 8 hours (16.25% APR). The next funding is at 2026-10-04 12:00 UTC.

Rate per 4h
0.0050%
Same rate per 8h
0.0100%
7-day average per 8h
0.0148%
Next funding
2026-10-04 12:00 UTC
Rank
18 of 21

USELESS funding on Toobit, per 8h

USELESS funding on Toobit, per 8 hours, hourly, last 7 days0.0000%0.0200%0.0400%0.0600%Oct 2 13:00Oct 3 00:15Oct 3 11:30Oct 3 22:45Oct 4 10:00HW 0.0443%LW 0.0100%0.0100%

Compare Toobit with other exchanges over 7 or 30 days

USELESS funding arbitrage with Toobit

LongToobit0.0050%/4hShortLighter0.0584%/8hFunding gap 0.0484% per 8h before fees

The widest pairing for Toobit is long USELESS on Toobit and short on Lighter. 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 Toobit funding rates

Frequently asked questions

What is the USELESS funding rate on Toobit?
0.0050% per 4h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is 0.0148% per 8 hours (16.25% APR).
How often does Toobit pay USELESS funding?
Every 4 hours. The next payment is at 2026-10-04 12:00 UTC.
Is USELESS funding on Toobit higher than on other exchanges?
Toobit is the 18th highest of 21 exchanges shown. The highest is Lighter at 0.0584% per 8h (63.95% APR) and the lowest is Aster at 0.0050% per 4h (10.95% APR).
How do you arbitrage USELESS funding with Toobit?
Long USELESS on Toobit and short on Lighter for a gross spread of 0.0484% per 8 hours (53.00% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.