USELESS funding rates and arbitrage
Updated 2026-10-29 14:51 UTC
Best USELESS arbitrage after every cost
No USELESS pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
USELESS funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| BloFin | USELESS-USDT | 0.0072% | 4 h | +15.8% | +36.8% | $545.4K | 2026-10-29 16:00 |
| Extended | USELESS-USD | 0.0013% | 1 h | +11.4% | +12.7% | $27.9K | 2026-10-29 15:00 |
| Phemex | USELESSUSDT | 0.0050% | 4 h | +10.9% | — | $1.8M | 2026-10-29 16:00 |
| KuCoin | USELESSUSDTM | 0.0050% | 4 h | +10.9% | +19.8% | $3M | 2026-10-29 16:00 |
| Arcus | USELESS-USD | 0.0013% | 1 h | +10.9% | +34.0% | $111.2K | 2026-10-29 15:00 |
| Nado | USELESS-PERP_USDT0 | 0.0013% | 1 h | +10.9% | — | $13.1K | 2026-10-29 15:00 |
| Bitunix | USELESSUSDT | 0.0050% | 4 h | +10.9% | +12.1% | — | 2026-10-29 16:00 |
| MEXC | USELESS_USDT | 0.0050% | 4 h | +10.9% | +12.0% | $3.6M | 2026-10-29 16:00 |
| Pacifica | USELESS | 0.0013% | 1 h | +10.9% | +11.0% | $7.3K | 2026-10-29 15:00 |
| ApeX | USELESS-USDT | 0.0013% | 1 h | +10.9% | +16.7% | $51.1K | 2026-10-29 15:00 |
| OKX | USELESS-USDT-SWAP | 0.0050% | 4 h | +10.9% | +18.6% | $4M | 2026-10-29 16:00 |
| Bitget | USELESSUSDT | 0.0050% | 4 h | +10.9% | +13.9% | $2.9M | 2026-10-29 16:00 |
| WOO X | PERP_USELESS_USDT | 0.0050% | 4 h | +10.9% | +12.0% | $8.5K | 2026-10-29 16:00 |
| LBank | USELESSUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-29 16:00 |
| HTX | USELESS-USDT | 0.0050% | 4 h | +10.9% | +11.0% | $23K | 2026-10-29 16:00 |
| BingX | USELESS-USDT | 0.0050% | 4 h | +10.9% | +19.9% | $2.5M | 2026-10-29 16:00 |
| Bybit | USELESSUSDT | 0.0050% | 4 h | +10.9% | +13.2% | $12.1M | 2026-10-29 16:00 |
| Aster | USELESSUSDT | 0.0050% | 4 h | +10.9% | +11.5% | $313.3K | 2026-10-29 16:00 |
| Variational | USELESS-PERP | 0.0050% | 4 h | +10.9% | — | $372.9K | 2026-10-29 16:00 |
| TXFlow | USELESS-USDC | 0.0013% | 1 h | +10.9% | — | $52.5K | 2026-10-29 15:00 |
| Binance | USELESSUSDT | 0.0050% | 4 h | +10.9% | +12.1% | $10.9M | 2026-10-29 16:00 |
| Gate | USELESS_USDT | 0.0050% | 4 h | +10.9% | +5.3% | $7.5M | 2026-10-29 16:00 |
| Hyperliquid | USELESS | 0.0013% | 1 h | +10.9% | +12.0% | $7.6M | 2026-10-29 15:00 |
| Lighter RH | USELESS | 0.0012% | 1 h | +10.5% | +10.5% | $23.9K | 2026-10-29 15:00 |
| Lighter | USELESS | 0.0012% | 1 h | +10.5% | +11.1% | $653.6K | 2026-10-29 15:00 |
| Crypto.com | USELESSUSD-PERP | -0.0202% | 1 h | −176.5% | +162.4% | $7.2K | 2026-10-29 15:00 |
Cost to enter $10,000 of USELESS
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| ApeX | USELESS-USDT | 18.1 bp * | order-book snapshot, 9 min old |
| Lighter | USELESS | 20.2 bp | order-book snapshot, 55 min old |
| BloFin | USELESS-USDT | 23.2 bp | order-book snapshot, 4 min old |
| KuCoin | USELESSUSDTM | 30.5 bp | order-book snapshot, 25 min old |
| MEXC | USELESS_USDT | 2.6 bp | top of book only |
| BingX | USELESS-USDT | 5.3 bp | top of book only |
| Binance | USELESSUSDT | 5.3 bp | top of book only |
| Bybit | USELESSUSDT | 6.1 bp | top of book only |
| OKX | USELESS-USDT-SWAP | 6.6 bp | top of book only |
| Extended | USELESS-USD | 7.2 bp | top of book only |
| Gate | USELESS_USDT | 11.0 bp | top of book only |
| Bitget | USELESSUSDT | 11.1 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is USELESS funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no USELESS pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest USELESS funding rate?
BloFin at +15.8% a year (0.0072% every 4 h); the lowest is Crypto.com at −176.5%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.