USELESS funding rates by exchange
The current funding rate for every USELESS perpetual we track, venue by venue, with 7-day and 30-day accumulated funding and the annualised rate. A positive rate means longs pay shorts.
- Exchanges
- 15
- Venue spread
- 0.189%
- Pays most
- CoinEx
- 24h volume
- $18.5M
Right now CoinEx pays +0.0988% per settlement and Gate.io pays -0.09% — that gap is what a funding-arbitrage position captures.
Right now 14 of the 15 USELESS contracts carry a positive rate and the rest are negative. The sign itself differs by venue, which is the cleanest setup for a funding trade: collect on one leg instead of merely paying less on it.
Over the last 30 days the most USELESS funding accumulated on BloFin, at +3.45% — worth checking against the current rate, because the leader on accumulated funding is often not the leader today.
Click a column header to sort · use Columns to show or hide metrics
| Exchange | Contract | Current rate | APR | 7d sum | 30d sum | 24h volume |
|---|---|---|---|---|---|---|
 CoinEx |
USELESS-USDT | +0.0988% | +104.5% | +1.29% | +2.36% | $95K |
 BingX |
USELESS-USDT | +0.0142% | +27.4% | +0.97% | +2.41% | $2.4M |
 OKX |
USELESS-USDT | +0.0136% | +26.1% | +0.58% | +1.29% | $2.4M |
 Bitget |
USELESS-USDT | +0.0117% | +21.7% | +0.55% | +1.35% | $429K |
 Toobit |
USELESS-USDT | +0.0054% | +7.9% | +0.24% | +0.96% | $875K |
 WEEX |
USELESS-USDT | +0.005% | +7.1% | +0.23% | +0.92% | $0K |
 Phemex |
USELESS-USDT | +0.005% | +7.1% | +0.21% | +0.90% | $374K |
 Binance |
USELESS-USDT | +0.005% | +7.3% | +0.23% | +0.92% | $6.4M |
 MEXC |
USELESS-USDT | +0.005% | +8.0% | +0.23% | +0.92% | $630K |
 KuCoin |
USELESS-USDT | +0.005% | +7.1% | +0.58% | +1.79% | $1.1M |
 Bybit |
USELESS-USDT | +0.005% | +7.2% | +0.76% | +2.15% | $3M |
 BloFin |
USELESS-USDT | +0.0044% | +5.8% | +0.84% | +3.45% | $42K |
 Aster |
USELESS-USDT | +0.0028% | +21.1% | +0.46% | +1.36% | $225K |
 Lighter |
USELESS-USDT | +0.0012% | +8.1% | +0.21% | +1.00% | $17K |
 Gate.io |
USELESS-USDT | -0.09% | -200.8% | +0.24% | +0.65% | $421K |
Rates come straight from exchange data and change at every settlement; APR annualises the current rate at the contract's own funding interval. Market data, not investment advice.
Other coins
Funding rates by coin →
MERL
LINEA
SENT
BABY
SPX
SAGA
AR
0G
FF
CTSI
EDEN
SOONFrequently asked questions
What is the USELESS funding rate right now?
USELESS funding currently ranges from +0.0988% on CoinEx down to -0.09% on Gate.io per settlement — the table above lists every venue. A positive rate means long positions pay short positions at the next settlement; a negative rate means the reverse.
Which exchange pays the highest USELESS funding?
At the moment CoinEx shows the highest USELESS funding rate. This changes at every settlement, so trust the live ranking above rather than any fixed answer.
How do you trade the USELESS funding difference?
You hold offsetting positions on two venues — long where funding is negative, short where it is positive — so price exposure cancels out and you collect the difference at each settlement. On USELESS that difference is currently 0.189% per settlement, before the trading fees on both legs.
What an Arbitron subscription unlocks
- The full ranking, including the hidden top opportunities
- Telegram alerts on your own filters
- Fully automated execution on your own dedicated server