Funding rates · USELESS-USDT
USELESS-USDT
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Browse all contracts →USELESS-USDT funding rate today on 5 exchanges
Live USELESS-USDT perpetual funding rates on Binance, OKX, Bybit, Bitget and Gate, converted into what holding the position costs in dollars.
Updated 2026-10-21 00:10 UTC
USELESS-USDT
Cost of holding this position
+$90.00
$10.0k · 30 days · 1x Long
Last 24 settlements
5 exchangesThe estimate assumes today's funding rate stays the same for the whole holding period. In practice the rate changes at every settlement.
USELESS-USDT · Long
USELESS funding rate by exchange
| # | Exchange | 24h volume | Funding rate | Annualised | Bid-ask spread | Cost for a long |
|---|---|---|---|---|---|---|
| 1 | $32.3M | +0.0050%/4h | 10.95% | 0.00639% | +$90.00 | |
| 2 | $18.0M | +0.0050%/4h | 10.95% | 0.0192% | +$90.00 | |
| 3 | $11.8M | +0.0050%/4h | 10.95% | 0.00638% | +$90.00 | |
| 4 | $1.8M | +0.0050%/4h | 10.95% | 0.0383% | +$90.00 | |
| 5 | $2.0M | +0.0050%/4h | 10.95% | 0.0256% | +$90.00 |
Enter your monthly volume, order mix and holding time to compare trading fees, funding and spread on each exchange, cheapest first.
USELESS-USDT
Where holding USELESS was cheapest over 90 days
Over the last 90 days a $10,000 long paid $251.37 in funding on Gate, the cheapest of 5 exchanges, and paid $671.07 on Bybit, the most expensive: a difference of $419.70.
The ranking runs the other way for shorts: a $10,000 short received $671.07 on Bybit, the best exchange for a short.
Gate was also the cheapest for longs over the last 7 and 30 days, so the ranking has held.
Running total of funding paid by a $10,000 long, day by day, on one scale for every exchange. Above the line the long paid; below it, it received.
USELESS-USDT
USELESS funding rate history: last 90 days
What a $10,000 long position would have paid (+) or received (−) in funding on each exchange, at the funding rates each exchange published for every settlement. For a short, the signs are reversed.
| Exchange | Settlements | Last 7 days | Last 30 days | Last 90 days | Average, annualised | Positive settlements | Lowest / highest |
|---|---|---|---|---|---|---|---|
| 180 /4h | +$12.84 | +$112.00 | +$251.37 | 13.63% | 93% | -0.0350% / +0.1112% | |
| 180 /4h | +$28.77 | +$129.61 | +$325.25 | 15.77% | 100% | +0.0050% / +0.0295% | |
| 180 /4h | +$21.65 | +$168.34 | +$395.86 | 20.48% | 100% | +0.0050% / +0.0598% | |
| 180 /4h | +$22.87 | +$191.22 | +$671.07 | 23.27% | 100% | +0.0050% / +0.0926% | |
| 180 /4h | +$21.00 | +$215.56 | +$488.58 | 26.23% | 100% | +0.0050% / +0.0498% |
USELESS-USDT
USELESS funding rate history by day
Each cell adds up every settlement on that exchange during one UTC day. Multiply by your position size for the day's payment: +0.0300% on $10,000 is $3.
| Date (UTC) | Gate | OKX | Binance | Bybit | Bitget |
|---|---|---|---|---|---|
| 2026-10-20 | +0.0039% | +0.0300% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-19 | +0.0279% | +0.0300% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-18 | +0.0274% | +0.0416% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-17 | +0.0300% | +0.0599% | +0.0324% | +0.0300% | +0.0300% |
| 2026-10-16 | -0.0106% | +0.0392% | +0.0341% | +0.0300% | +0.0300% |
| 2026-10-15 | +0.0220% | +0.0300% | +0.0300% | +0.0322% | +0.0300% |
| 2026-10-14 | +0.0300% | +0.0610% | +0.0347% | +0.0506% | +0.0300% |
| 2026-10-13 | +0.0300% | +0.0420% | +0.0433% | +0.0300% | +0.0300% |
| 2026-10-12 | +0.0028% | +0.0300% | +0.0300% | +0.0300% | +0.0300% |
| 2026-10-11 | +0.0110% | +0.0425% | +0.0361% | +0.0300% | +0.0300% |
| 2026-10-10 | +0.0238% | +0.0762% | +0.1211% | +0.0469% | +0.1264% |
| 2026-10-09 | +0.0280% | +0.0494% | +0.0737% | +0.0757% | +0.1158% |
| 2026-10-08 | +0.0552% | +0.0313% | +0.0300% | +0.0300% | +0.0674% |
| 2026-10-07 | +0.1478% | +0.0300% | +0.0329% | +0.0300% | +0.0475% |
USELESS-USDT
USELESS funding rate: common questions
Do longs or shorts pay USELESS funding right now?
Longs pay shorts on all 5 exchanges, at the same +0.0050% per settlement for USELESS everywhere.
On Binance the rate has been positive for 290 settlements in a row, so this is a lasting cost for longs rather than a one-off spike.
Is the USELESS funding rate high right now?
Not unusually. At the last settlement on Binance the rate was +0.0050%, close to its typical size of 0.0050% per settlement over the past 30 days.
Is the USELESS perpetual trading above or below spot?
Above. On the 5 exchanges that publish an index price, the USELESS perpetual's mark price is 0.0000% to 0.1023% above the spot index. Exchanges combine this premium with a small interest component to set the next funding rate, so a lasting premium pushes funding up.
Which exchange was cheapest for holding USELESS over the last 90 days?
Over the last 90 days a $10,000 long paid $251.37 in funding on Gate, the cheapest of 5 exchanges, and paid $671.07 on Bybit, the most expensive: a difference of $419.70.
The ranking runs the other way for shorts: a $10,000 short received $671.07 on Bybit, the best exchange for a short.
Gate was also the cheapest for longs over the last 7 and 30 days, so the ranking has held.
Which exchange has the most USELESS perpetual trading volume?
Binance has the most: 49.0% of the $65.8M in USELESS perpetual futures traded across these exchanges in the last 24 hours, followed by OKX with 27.4%.
Open interest adds up to $52.7M on the exchanges that report it, the largest share on Gate (38.4%).
When is the next USELESS funding payment?
Binance, OKX, Bybit, Bitget and Gate: every 4 hours, next at 2026-10-21 04:00 UTC.
Only positions that are open at the settlement time pay or receive funding.
What was the highest USELESS funding rate in the last 30 days?
The highest settled rate was +0.1112% on Gate (2026-10-07 00:00 UTC); the lowest was -0.0350% on Gate (2026-10-06 04:00 UTC).
On Binance the rate kept the same sign for all 30 days.
How much has USELESS funding cost over the past 30 days?
At the funding rates each exchange published, holding a $10,000 long for the past 30 days would have cost $112.00 on Gate, the least, and $215.56 on Bitget, the most.
Over the past 90 days it would have cost $251.37 on Gate, the least, and $671.07 on Bybit, the most.
Funding rates are reset at every settlement, so these answers describe today's market, not a forecast.