# USELESS Funding Rate on Toobit

As of 2026-10-05 01:01 UTC, the USELESS perpetual on Toobit pays 0.0098% per 4h, 0.0196% per 8 hours (21.49% APR), so longs pay shorts. That is the 11th highest of 21 exchanges shown, against a volume-weighted average of 0.0207% per 8 hours (22.63% APR). Over the last 7 days Toobit averaged 0.0159% per 8 hours (17.45% APR). The next funding is at 2026-10-05 04:00 UTC.

## 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) | 0.0225% | 1h | 197.36% | 2026-10-05 01:00 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) | 0.0450% | 4h | 98.53% | 2026-10-05 04:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/useless/woofipro) | [USELESS/USDC:USDC](https://pro.woofi.com/en/trade/USELESS_PERP) | 0.0322% | 4h | 70.42% | 2026-10-05 04:00 UTC |
| [BingX](https://arbtide.com/funding-rates/useless/bingx) | [USELESS/USDT:USDT](https://bingx.com/en/perpetual/USELESS-USDT) | 0.0305% | 4h | 66.79% | — |
| [Bybit](https://arbtide.com/funding-rates/useless/bybit) | [USELESS/USDT:USDT](https://www.bybit.com/trade/usdt/USELESSUSDT) | 0.0250% | 4h | 54.82% | 2026-10-05 04:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/useless/lighter) | [USELESS/USDC:USDC](https://app.lighter.xyz/trade/USELESS) | 0.0440% | 8h | 48.18% | — |
| [Hyperliquid](https://arbtide.com/funding-rates/useless/hyperliquid) | [USELESS/USDC:USDC](https://app.hyperliquid.xyz/trade/USELESS) | 0.0045% | 1h | 39.61% | 2026-10-05 02:00 UTC |
| [Gate](https://arbtide.com/funding-rates/useless/gate) | [USELESS/USDT:USDT](https://www.gate.com/futures/USDT/USELESS_USDT) | 0.0152% | 4h | 33.29% | 2026-10-05 04:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/useless/bitget) | [USELESS/USDT:USDT](https://www.bitget.com/futures/usdt/USELESSUSDT) | 0.0122% | 4h | 26.72% | — |
| [LBank](https://arbtide.com/funding-rates/useless/lbank) | [USELESS/USDT:USDT](https://www.lbank.com/futures/uselessusdt) | 0.0098% | 4h | 21.49% | 2026-10-05 04:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/useless/toobit) | [USELESS/USDT:USDT](https://www.toobit.com/en-US/futures/USELESS-SWAP-USDT) | 0.0098% | 4h | 21.49% | 2026-10-05 04:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/useless/mexc) | [USELESS/USDT:USDT](https://www.mexc.com/futures/USELESS_USDT) | 0.0098% | 4h | 21.46% | 2026-10-05 04:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/useless/xt) | [USELESS/USDT:USDT](https://www.xt.com/en/futures/trade/useless_usdt) | 0.0098% | 4h | 21.38% | 2026-10-05 04:00 UTC |
| [Binance](https://arbtide.com/funding-rates/useless/binance) | [USELESS/USDT:USDT](https://www.binance.com/en/futures/USELESSUSDT) | 0.0096% | 4h | 21.09% | 2026-10-05 04:00 UTC |
| [Extended](https://arbtide.com/funding-rates/useless/extended) | [USELESS/USDC:USDC](https://app.extended.exchange/perp/USELESS-USD) | 0.0024% | 1h | 21.02% | 2026-10-05 02:00 UTC |
| [Aster](https://arbtide.com/funding-rates/useless/aster) | [USELESS/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/USELESSUSDT) | 0.0069% | 4h | 15.18% | — |
| [WEEX](https://arbtide.com/funding-rates/useless/weex) | [USELESS/USDT:USDT](https://www.weex.com/futures/USELESS-USDT) | 0.0068% | 4h | 14.87% | 2026-10-05 01:01 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% | 2026-10-05 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% | 2026-10-05 04:00 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% | — |
| [Pacifica](https://arbtide.com/funding-rates/useless/pacifica) | [USELESS/USDC:USDC](https://app.pacifica.fi/trade/USELESS) | 0.0013% | 1h | 10.95% | 2026-10-05 02:00 UTC |

## Frequently asked questions

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

0.0098% per 4h, or 0.0196% per 8 hours (21.49% APR), so longs pay shorts. The 7-day average is 0.0159% per 8 hours (17.45% APR).

### How often does Toobit pay USELESS funding?

Every 4 hours. The next payment is at 2026-10-05 04:00 UTC.

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

Toobit is the 11th highest of 21 exchanges shown. The highest is BingX at 0.0305% per 4h (66.79% APR) and the lowest is BTSE at 0.0050% per 4h (10.95% APR).

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

Long USELESS on Toobit and short on BingX for a gross spread of 0.0414% per 8 hours (45.31% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.