USELESS perpetual funding rates across exchanges

current funding on 9 exchanges, converted to a yearly rate. updated 2026-10-09 17:05 UTC.

highest: +77.09% a year on Lighter (USELESS). lowest: +10.95% on Hyperliquid (USELESS). spread: +66.14%.

by exchange, highest first

exchangemarketeveryrate / intervalannualizedcaptaker / makermax lev
LighterUSELESS1h0.0088%+77.09%0.5%/1h0% / 0%3.0003x
ExtendedUSELESS-USD1h0.0069%+60.44%1%/1h0.025% / 0%5x
BinanceUSELESSUSDT4h0.0274%+60.11%2%/4h0.05% / 0.02%-
AsterUSELESSUSDT4h0.0212%+46.34%2%/4h0.04% / 0.005%-
BybitUSELESSUSDT4h0.0139%+30.50%4%/4h0.055% / 0.02%12.5x
OKXUSELESS-USDT-SWAP4h0.0062%+13.52%1%/4h0.05% / 0.02%10x
PacificaUSELESS1h0.0013%+10.95%4%/1h0.040% / 0.015%3x
HyperliquidUSELESS1h0.0013%+10.95%4%/1h0.045% / 0.015%3x
edgeXUSELESSUSD4h-n/a3.95%/4h0.038% / 0.018%5x

annualized = rate per interval × (8,760 ÷ interval hours). positive means longs pay shorts. exchanges pay funding every 1, 4 or 8 hours, so comparing raw rates across them is misleading; this table puts them on one scale.

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