USUAL funding rates and arbitrage
Updated 2026-10-30 05:06 UTC
Best USUAL arbitrage after every cost
No USUAL 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.
USUAL funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Kraken | PF_USUALUSD | 0.0110% | 1 h | +96.0% | +94.0% | $61.4K | 2026-10-30 06:00 |
| MEXC | USUAL_USDT | 0.0050% | 4 h | +10.9% | +10.8% | $3.4M | 2026-10-30 08:00 |
| WhiteBIT | USUAL_PERP | 0.0050% | 4 h | +10.9% | +11.1% | $288.1K | 2026-10-30 08:00 |
| LBank | USUALUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-30 08:00 |
| WOO X | PERP_USUAL_USDT | 0.0050% | 4 h | +10.9% | +10.8% | $147 | 2026-10-30 08:00 |
| Bitget | USUALUSDT | 0.0050% | 4 h | +10.9% | +11.1% | $499.7K | 2026-10-30 08:00 |
| Variational | USUAL-PERP | 0.0050% | 4 h | +10.9% | — | $1.9K | 2026-10-30 08:00 |
| Bybit | USUALUSDT | 0.0050% | 4 h | +10.9% | +11.1% | $498.5K | 2026-10-30 08:00 |
| KuCoin | USUALUSDTM | 0.0050% | 4 h | +10.9% | +10.7% | $94.5K | 2026-10-30 08:00 |
| BingX | USUAL-USDT | 0.0050% | 4 h | +10.9% | +11.1% | $1M | 2026-10-30 08:00 |
| Bitunix | USUALUSDT | 0.0050% | 4 h | +10.9% | +10.7% | — | 2026-10-30 08:00 |
| Binance | USUALUSDT | 0.0050% | 4 h | +10.9% | +10.7% | $1.6M | 2026-10-30 08:00 |
| Gate | USUAL_USDT | 0.0100% | 8 h | +10.9% | +11.1% | $272.9K | 2026-10-30 08:00 |
| Hyperliquid | USUAL | 0.0013% | 1 h | +10.9% | +11.0% | $660.8K | 2026-10-30 06:00 |
Borrow USUAL to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Binance | 22.31% | — |
| Gate | 49.13% | $20K |
| Bitget | — | — |
Cost to enter $10,000 of USUAL
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | USUAL_USDT | 4.6 bp | top of book only |
| Binance | USUALUSDT | 7.0 bp | top of book only |
| BingX | USUAL-USDT | 8.1 bp | top of book only |
| Variational | USUAL-PERP | 9.7 bp | top of book only |
| Bybit | USUALUSDT | 13.1 bp | top of book only |
| Binance | USUALUSDT (spot) | 15.1 bp | top of book only |
| Bitget | USUALUSDT (spot) | 15.1 bp | top of book only |
| Gate | USUAL_USDT | 17.7 bp | top of book only |
| Gate | USUAL_USDT (spot) | 20.5 bp | top of book only |
| Bitget | USUALUSDT | 21.3 bp | top of book only |
| KuCoin | USUALUSDTM | 26.4 bp | top of book only |
| Kraken | PF_USUALUSD | 27.0 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on USUAL
Questions
Is USUAL funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no USUAL 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 USUAL funding rate?
Kraken at +96.0% a year (0.0110% every 1 h); the lowest is Hyperliquid at +10.9%. 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.