USELESS perpetuals
Compare funding costs for one asset across venues.
Data as of 2026-09-30 23:45 UTC
USELESS is quoted on 8 contracts. The highest funding rate is on Gate at +108.62% annualised, quoted per 4h, and the lowest is on Hyperliquid at +12.46% — a gap of 96.17 points. Rate periods differ across these contracts, so each is converted to a simple annualised figure before comparison.
By venue
| Venue | Rate | Annualised | 30d realised APR | Max leverage | 24h turnover | Actions |
|---|---|---|---|---|---|---|
| GateCentralisedUSELESS_USDT | +0.0496%4h | +108.62% | +15.53% |
50x | 4.2M | |
| AsterOn-chainUSELESSUSDT | +0.0352%4h | +77.06% | — no history yet |
10x | 861.0K | |
| BybitCentralisedUSELESSUSDT | +0.0260%4h | +56.83% | +68.80% |
13x | 25.3M | |
| BitgetCentralisedUSELESSUSDT | +0.0207%4h | +45.33% | +25.45% |
20x | 4.0M | |
| OKXCentralisedUSELESS-USDT-SWAP | +0.0203%4h | +44.37% | -4.11% |
10x | 31.3M | |
| BinanceCentralisedUSELESSUSDT | +0.0171%4h | +37.47% | — no history yet |
50x | 55.5M | |
| LighterOn-chainUSELESS | +0.0224%8h | +24.53% | — no history yet |
3x | 482.7K | |
| HyperliquidOn-chainUSELESS | +0.0014%1h | +12.46% | +68.79% |
3x | 6.2M |
Common questions
Which exchanges list USELESS perpetual futures?
USELESS trades as 8 perpetual contracts across 8 venues: Aster, Binance, Bitget, Bybit, Gate, Hyperliquid, Lighter and OKX. The busiest is Binance, with $55.5M of 24h turnover — 43% of the total.
Where is USELESS funding cheapest right now?
For a long, the most favourable collected rate is +12.46% annualised on Hyperliquid; for a short, it is +108.62% on Gate — a gap of 96.17 points. Every venue collected has longs paying right now.
How much funding does a 10,000 USDT USELESS position pay per day?
At current rates a 10,000 USDT long pays about +29.76 USDT a day on Gate and +3.41 USDT on Hyperliquid. Over the past 30 days Gate actually settled an average of +4.25 USDT a day on the same position.
How often does USELESS funding settle?
It depends on the venue: Hyperliquid and Lighter every 1h; Aster, Binance, Bitget, Bybit, Gate and OKX every 4h.
What has USELESS funding actually paid over the past 30 days?
The highest realised figure was on Bybit: +68.80% annualised across 50 settlements, 0% of them negative. The lowest was OKX, at -4.11%. 4 of the 8 contracts have at least a week of settled history to measure.
What is the highest leverage available on USELESS?
The highest collected cap is 50x, on Binance and Gate. On Binance it applies up to 5K USDT of notional; above that the cap drops to 20x.
USELESS comparison scope and payment direction
This page retains low-turnover USELESS contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. These contracts quote in USD and USDT; check each specification for settlement currency and multiplier before comparing. Annualisation method · Official sources.
Rates and chart methodology
Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.
Trading link disclosure
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Margin ladders
Gate · USELESS_USDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 1.0000% | 50.00x | — |
| 2 | 5000 – 7000 quote | 1.5000% | 40.00x | 25 |
| 3 | 7000 – 10000 quote | 2.5000% | 25.00x | 95 |
| 4 | 10000 – 20000 quote | 3.5000% | 20.00x | 195 |
| 5 | 20000 – 30000 quote | 4.5000% | 16.00x | 395 |
| 6 | 30000 – 50000 quote | 6.5000% | 12.00x | 995 |
| 7 | 50000 – 70000 quote | 8.0000% | 10.00x | 1745 |
| 8 | 70000 – 100000 quote | 10.0000% | 8.00x | 3145 |
| 9 | 100000 – 150000 quote | 12.0000% | 6.60x | 5145 |
| 10 | 150000 – 200000 quote | 15.0000% | 5.00x | 9645 |
| 11 | 200000 – 300000 quote | 20.0000% | 4.00x | 19645 |
| 12 | 300000 – 500000 quote | 28.0000% | 3.00x | 43645 |
| 13 | 500000 – 700000 quote | 35.0000% | 2.50x | 78645 |
| 14 | 700000 – 1000000 quote | 45.0000% | 2.00x | 148645 |
| 15 | 1000000 – 1500000 quote | 60.0000% | 1.50x | 298645 |
| 16 | 1500000 – 2000000 quote | 78.0000% | 1.20x | 568645 |
| 17 | 2000000 – ∞ quote | 90.0000% | 1.05x | 808645 |
Aster · USELESSUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 500000 quote | 5.0000% | 10.00x | — |
| 2 | 500000 – 1000000 quote | 10.0000% | 5.00x | 25000 |
| 3 | 1000000 – 2500000 quote | 12.5000% | 4.00x | 50000 |
| 4 | 2500000 – 5000000 quote | 16.6700% | 3.00x | 154250 |
| 5 | 5000000 – 10000000 quote | 25.0000% | 2.00x | 570750 |
| 6 | 10000000 – 1000000000 quote | 50.0000% | 1.00x | 3070750 |
Bybit · USELESSUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 15000 quote | 4.0000% | 12.50x | — |
| 2 | 15000 – 25000 quote | 5.0000% | 10.00x | 150 |
| 3 | 25000 – 37500 quote | 6.0000% | 8.33x | 400 |
| 4 | 37500 – 50000 quote | 7.0000% | 7.14x | 775 |
| 5 | 50000 – 62500 quote | 8.0000% | 6.25x | 1275 |
| 6 | 62500 – 75000 quote | 9.0000% | 5.56x | 1900 |
| 7 | 75000 – 87500 quote | 10.0000% | 5.00x | 2650 |
| 8 | 87500 – 100000 quote | 11.0000% | 4.55x | 3525 |
| 9 | 100000 – 112500 quote | 12.0000% | 4.17x | 4525 |
| 10 | 112500 – 125000 quote | 13.0000% | 3.85x | 5650 |
| 11 | 125000 – 137500 quote | 14.0000% | 3.57x | 6900 |
| 12 | 137500 – 150000 quote | 15.0000% | 3.33x | 8275 |
| 13 | 150000 – 162500 quote | 16.0000% | 3.13x | 9775 |
| 14 | 162500 – 175000 quote | 17.0000% | 2.94x | 11400 |
| 15 | 175000 – 187500 quote | 18.0000% | 2.78x | 13150 |
| 16 | 187500 – 425000 quote | 20.0000% | 2.50x | 16900 |
| 17 | 425000 – 475000 quote | 22.0000% | 2.27x | 25400 |
| 18 | 475000 – 525000 quote | 24.0000% | 2.08x | 34900 |
| 19 | 525000 – 575000 quote | 26.0000% | 1.92x | 45400 |
| 20 | 575000 – 625000 quote | 28.0000% | 1.79x | 56900 |
| 21 | 625000 – 675000 quote | 30.0000% | 1.67x | 69400 |
| 22 | 675000 – 725000 quote | 32.0000% | 1.56x | 82900 |
| 23 | 725000 – 775000 quote | 34.0000% | 1.47x | 97400 |
| 24 | 775000 – 825000 quote | 36.0000% | 1.39x | 112900 |
| 25 | 825000 – 875000 quote | 38.0000% | 1.32x | 129400 |
| 26 | 875000 – 925000 quote | 40.0000% | 1.25x | 146900 |
| 27 | 925000 – 975000 quote | 42.0000% | 1.19x | 165400 |
| 28 | 975000 – 1025000 quote | 44.0000% | 1.14x | 184900 |
| 29 | 1025000 – 1075000 quote | 46.0000% | 1.09x | 205400 |
| 30 | 1075000 – ∞ quote | 60.0000% | 1.00x | 355900 |
Bitget · USELESSUSDT No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 2.5000% | 20.00x | — |
| 2 | 5000 – 25000 quote | 3.3400% | 15.00x | — |
| 3 | 25000 – 50000 quote | 5.0000% | 10.00x | — |
| 4 | 50000 – 100000 quote | 10.0000% | 5.00x | — |
| 5 | 100000 – 150000 quote | 12.5000% | 4.00x | — |
| 6 | 150000 – 500000 quote | 30.0000% | 2.00x | — |
| 7 | 500000 – ∞ quote | 60.0000% | 1.00x | — |
OKX · USELESS-USDT-SWAP No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 100000 base | 2.0000% | 10.00x | — |
| 2 | 100010 – 200000 base | 3.0000% | 9.52x | — |
| 3 | 200010 – 300000 base | 4.0000% | 9.09x | — |
| 4 | 300010 – 400000 base | 4.5000% | 8.70x | — |
| 5 | 400010 – 500000 base | 5.0000% | 8.33x | — |
| 6 | 500010 – 600000 base | 5.5000% | 8.00x | — |
| 7 | 600010 – 700000 base | 6.0000% | 7.69x | — |
| 8 | 700010 – 800000 base | 6.5000% | 7.41x | — |
| 9 | 800010 – 900000 base | 7.0000% | 7.14x | — |
| 10 | 900010 – 1000000 base | 7.5000% | 6.90x | — |
| 11 | 1000010 – 1100000 base | 8.0000% | 6.67x | — |
| 12 | 1100010 – 1200000 base | 8.5000% | 6.45x | — |
| 13 | 1200010 – 1300000 base | 9.0000% | 6.25x | — |
| 14 | 1300010 – 1400000 base | 9.5000% | 6.06x | — |
| 15 | 1400010 – 1500000 base | 10.0000% | 5.88x | — |
| 16 | 1500010 – 1600000 base | 10.5000% | 5.71x | — |
| 17 | 1600010 – 1700000 base | 11.0000% | 5.56x | — |
| 18 | 1700010 – 1800000 base | 11.5000% | 5.41x | — |
| 19 | 1800010 – 1900000 base | 12.0000% | 5.26x | — |
| 20 | 1900010 – 2000000 base | 12.5000% | 5.13x | — |
| 21 | 2000010 – 2100000 base | 13.0000% | 5.00x | — |
| 22 | 2100010 – 2200000 base | 13.5000% | 4.88x | — |
| 23 | 2200010 – 2300000 base | 14.0000% | 4.76x | — |
| 24 | 2300010 – 2400000 base | 14.5000% | 4.65x | — |
| 25 | 2400010 – 2500000 base | 15.0000% | 4.55x | — |
| 26 | 2500010 – 2600000 base | 15.5000% | 4.44x | — |
| 27 | 2600010 – 2700000 base | 16.0000% | 4.35x | — |
| 28 | 2700010 – 2800000 base | 16.5000% | 4.26x | — |
| 29 | 2800010 – 2900000 base | 17.0000% | 4.17x | — |
| 30 | 2900010 – 3000000 base | 17.5000% | 4.08x | — |
| 31 | 3000010 – 3100000 base | 18.0000% | 4.00x | — |
| 32 | 3100010 – 3200000 base | 18.5000% | 3.92x | — |
| 33 | 3200010 – 3300000 base | 19.0000% | 3.85x | — |
| 34 | 3300010 – 3400000 base | 19.5000% | 3.77x | — |
| 35 | 3400010 – 3500000 base | 20.0000% | 3.70x | — |
| 36 | 3500010 – 3600000 base | 20.5000% | 3.64x | — |
| 37 | 3600010 – 3700000 base | 21.0000% | 3.57x | — |
| 38 | 3700010 – 3800000 base | 21.5000% | 3.51x | — |
| 39 | 3800010 – 3900000 base | 22.0000% | 3.45x | — |
| 40 | 3900010 – 4000000 base | 22.5000% | 3.39x | — |
| 41 | 4000010 – 4100000 base | 23.0000% | 3.33x | — |
| 42 | 4100010 – 4200000 base | 23.5000% | 3.28x | — |
| 43 | 4200010 – 4300000 base | 24.0000% | 3.23x | — |
| 44 | 4300010 – 4400000 base | 24.5000% | 3.17x | — |
| 45 | 4400010 – 4500000 base | 25.0000% | 3.13x | — |
| 46 | 4500010 – 4600000 base | 25.5000% | 3.08x | — |
| 47 | 4600010 – 4700000 base | 26.0000% | 3.03x | — |
| 48 | 4700010 – 4800000 base | 26.5000% | 2.99x | — |
| 49 | 4800010 – 4900000 base | 27.0000% | 2.94x | — |
| 50 | 4900010 – 5000000 base | 27.5000% | 2.90x | — |
| 51 | 5000010 – 5100000 base | 28.0000% | 2.86x | — |
| 52 | 5100010 – 5200000 base | 28.5000% | 2.82x | — |
| 53 | 5200010 – 5300000 base | 29.0000% | 2.78x | — |
| 54 | 5300010 – 5400000 base | 29.5000% | 2.74x | — |
| 55 | 5400010 – 5500000 base | 30.0000% | 2.70x | — |
| 56 | 5500010 – 5600000 base | 30.5000% | 2.67x | — |
| 57 | 5600010 – 5700000 base | 31.0000% | 2.63x | — |
| 58 | 5700010 – 5800000 base | 31.5000% | 2.60x | — |
| 59 | 5800010 – 5900000 base | 32.0000% | 2.56x | — |
| 60 | 5900010 – 6000000 base | 32.5000% | 2.53x | — |
| 61 | 6000010 – 6100000 base | 33.0000% | 2.50x | — |
| 62 | 6100010 – 6200000 base | 33.5000% | 2.47x | — |
| 63 | 6200010 – 6300000 base | 34.0000% | 2.44x | — |
| 64 | 6300010 – 6400000 base | 34.5000% | 2.41x | — |
| 65 | 6400010 – 6500000 base | 35.0000% | 2.38x | — |
| 66 | 6500010 – 6600000 base | 35.5000% | 2.35x | — |
| 67 | 6600010 – 6700000 base | 36.0000% | 2.33x | — |
| 68 | 6700010 – 6800000 base | 36.5000% | 2.30x | — |
| 69 | 6800010 – 6900000 base | 37.0000% | 2.27x | — |
| 70 | 6900010 – 7000000 base | 37.5000% | 2.25x | — |
| 71 | 7000010 – 7100000 base | 38.0000% | 2.22x | — |
| 72 | 7100010 – 7200000 base | 38.5000% | 2.20x | — |
| 73 | 7200010 – 7300000 base | 39.0000% | 2.17x | — |
| 74 | 7300010 – 7400000 base | 39.5000% | 2.15x | — |
| 75 | 7400010 – 7500000 base | 40.0000% | 2.13x | — |
| 76 | 7500010 – 7600000 base | 40.5000% | 2.11x | — |
| 77 | 7600010 – 7700000 base | 41.0000% | 2.08x | — |
| 78 | 7700010 – 7800000 base | 41.5000% | 2.06x | — |
| 79 | 7800010 – 7900000 base | 42.0000% | 2.04x | — |
| 80 | 7900010 – 8000000 base | 42.5000% | 2.02x | — |
| 81 | 8000010 – 8100000 base | 43.0000% | 2.00x | — |
| 82 | 8100010 – 8200000 base | 43.5000% | 1.98x | — |
| 83 | 8200010 – 8300000 base | 44.0000% | 1.96x | — |
| 84 | 8300010 – 8400000 base | 44.5000% | 1.94x | — |
| 85 | 8400010 – 8500000 base | 45.0000% | 1.92x | — |
| 86 | 8500010 – 8600000 base | 45.5000% | 1.90x | — |
| 87 | 8600010 – 8700000 base | 46.0000% | 1.89x | — |
Binance · USELESSUSDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 1.5000% | 50.00x | — |
| 2 | 5000 – 10000 quote | 2.5000% | 20.00x | 50 |
| 3 | 10000 – 20000 quote | 5.0000% | 10.00x | 300 |
| 4 | 20000 – 50000 quote | 10.0000% | 5.00x | 1300 |
| 5 | 50000 – 250000 quote | 12.5000% | 4.00x | 2550 |
| 6 | 250000 – 500000 quote | 16.6700% | 3.00x | 12975 |
| 7 | 500000 – 7500000 quote | 25.0000% | 2.00x | 54625 |
| 8 | 7500000 – 12500000 quote | 50.0000% | 1.00x | 1929625 |
Lighter · USELESS No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 20.0000% | 3.00x | — |
Hyperliquid · USELESS With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 16.6667% | 3.00x | — |