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USELESS perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-09-09 12:47 UTC

USELESS is quoted on 8 contracts. The highest funding rate is on Bybit at +84.91% annualised over a 4h rate period, and the lowest is on Lighter at +10.51% — a gap of 74.39 points. Rate periods differ by venue, so rates are normalised to simple annualised values. Payment direction depends on whether the position is long or short.

Highest rate now
+84.91%
Bybit · 4h
Lowest rate now
+10.51%
Lighter · 8h
Spread
74.39
points
Highest 30d realised APR
+68.79%
Hyperliquid

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
BybitCentralisedUSELESSUSDT +0.0388%4h +84.91% +30.71%
Annualised · +30.71% · range +2.9% … +340.0% · 178 settlements
13x 131.8M
Liquidation → Trade →
AsterOn-chainUSELESSUSDT +0.0250%4h +54.80% +22.41%
Annualised · +22.41% · range +11.0% … +131.2% · 94 settlements
— 4.3M
Trade →
BinanceCentralisedUSELESSUSDT +0.0207%4h +45.33% +10.95%
Annualised · +10.95% · range +11.0% … +11.0% · 98 settlements
50x 542.4M
Liquidation → Trade →
BitgetCentralisedUSELESSUSDT +0.0050%4h +10.95% +16.86%
Annualised · +16.86% · range -220.5% … +270.2% · 178 settlements
20x 49.9M
Liquidation → Trade →
GateCentralisedUSELESS_USDT +0.0050%4h +10.95% +7.50%
Annualised · +7.50% · range -105.3% … +135.6% · 178 settlements
50x 34.5M
Liquidation → Trade →
HyperliquidOn-chainUSELESS +0.0013%1h +10.95% +68.79%
Annualised · +68.79% · range +11.0% … +330.7% · 14 settlements
3x 19.9M
Liquidation → Trade →
OKXCentralisedUSELESS-USDT-SWAP +0.0050%4h +10.95% +8.17%
Annualised · +8.17% · range -290.4% … +156.5% · 178 settlements
10x 284.1M
Liquidation → Trade →
LighterOn-chainUSELESS +0.0096%8h +10.51% —
no history yet
 3x 2.9M
Liquidation → Trade →

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. Contracts can use different quote currencies, settlement currencies and multipliers; check their specifications 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

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

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

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

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 —

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

Hyperliquid · USELESS With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 16.6667% 3.00x —

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 —

Lighter · USELESS No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 20.0000% 3.00x —