USELESS Funding Rates

USELESS perp funding on 30 venues, normalized to APR. High APR is not guaranteed yield.

Venues30

Highest APR45.78%Crypto.com

Lowest APR3.65%Helix

Verified signals, 14 days754Average net 7.3 bps

30 rates


USELESS	Crypto.com	+0.0052%	1h	+45.8%	n/a	n/a	n/a
USELESS	edgeX	+0.0058%	4h	+12.7%	n/a	n/a	n/a
USELESS	BloFin	+0.0052%	4h	+11.5%	+0.004%*	+0.004%*	n/a
USELESS	XT	+0.0052%	4h	+11.4%	n/a	n/a	n/a
USELESS	Binance	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	OKX	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	Bybit	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	Gate	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	Bitget	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	Hyperliquid	+0.0013%	1h	+10.9%	n/a	n/a	n/a
USELESS	MEXC	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	KuCoin	+0.0050%	4h	+10.9%	+0.013%*	+0.013%*	n/a
USELESS	HTX	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	BingX	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	Phemex	+0.0050%	4h	+10.9%	n/a	n/a	n/a
USELESS	LBank	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	BTSE	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	Toobit	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	Aster	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	WEEX	+0.0050%	4h	+10.9%	+0.011%*	+0.011%*	n/a
USELESS	Bitunix	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	Zoomex	+0.0050%	4h	+10.9%	+0.005%*	+0.005%*	n/a
USELESS	ApeX Omni	+0.0013%	1h	+10.9%	+0.008%*	+0.008%*	n/a
USELESS	Pacifica	+0.0013%	1h	+10.9%	n/a	n/a	n/a
USELESS	Polymarket Perps	+0.0013%	1h	+10.9%	+0.008%*	+0.008%*	n/a
USELESS	Arcus	+0.0013%	1h	+10.9%	+0.014%*	+0.014%*	n/a
USELESS	TxFlow	+0.0013%	1h	+10.9%	+0.003%*	+0.003%*	n/a
USELESS	Nado	+0.0300%	24h	+10.9%	+0.180%*	+0.180%*	n/a
USELESS	Lighter	+0.0012%	1h	+10.5%	n/a	n/a	n/a
USELESS	Helix	+0.0004%	1h	+3.6%	-0.005%*	-0.005%*	n/a

Paid is what a short collected per dollar over the last 7 or 30 days, from the settlements we kept. * marks a stretch with settlements missing, which is never filled in.

USELESS funding paid, last 30 days

Each settlement as we read its rate just before it paid. A venue that names no settlement time, or a stretch we missed, has no line, never a guess.

Binance+0.005% paid, 1x
OKX+0.005% paid, 1x
KuCoin+0.013% paid, 1x

APR of each settlement. Paid is what a short collected per dollar, summed.

USELESS regional premiums

Where it trades for a local currency, how far that price sits from the USDT price.

USELESS/KRW-50.4 bps24h avg -68.2 bpsNone

Venue	Price (KRW)	KRW per USDT	Premium	Route
Bithumb KRW-USELESS	188	1,344.5	-50.4 bps	—

USELESS/EUR0.0 bps24h avg 0.0 bpsNone

Venue	Price (EUR)	EUR per USDT	Premium	Route
Bitvavo USELESS-EUR	0.1258	0.8896	0.0 bps	—

USELESS/IDR0.0 bps24h avg 0.0 bpsNone

Venue	Price (IDR)	IDR per USDT	Premium	Route
Indodax uselessidr	2,557.5	18,121.5	0.0 bps	—

KRW-58.8 bps
EUR0.0 bps
IDR0.0 bps

5-minute means over the USDT price, in bps. A break is a stretch with no fresh book.

Each local price is converted at that exchange's own USDT book, the rate its money really converts at, and compared with the middle USDT price on order book exchanges. Verified means a route that passes every check trades that market the way the premium pays. A premium is not a promise of profit.

Where USELESS trades

24-hour volume and open interest, as each venue publishes them. A venue that publishes none shows n/a.

Venue	Type	24h volume	Open interest
BinanceUSELESSUSDT	Perp	$51.5M	n/a
OKXUSELESS-USDT-SWAP	Perp	$31.3M	$3.8M
KuCoinUSELESSUSDTM	Perp	$22.6M	$3.8M
ZoomexUSELESSUSDT	Perp	$19.7M	n/a
BybitUSELESSUSDT	Perp	$19.7M	$11.0M
LBankUSELESSUSDT	Perp	$16.1M	n/a
ToobitUSELESS-SWAP-USDT	Perp	$5.8M	n/a
CoinbaseUSELESS-USD	Spot	$5.6M
XTuseless_usdt	Perp	$5.2M	n/a
MEXCUSELESS_USDT	Perp	$4.5M	$3.8M
HyperliquidUSELESS	Perp	$3.7M	$10.2M
BitunixUSELESSUSDT	Perp	$3.0M	n/a

Recent USELESS gaps

From the free feed and the Proof Log, at least 15 minutes old. Paid plans and the trial see them live.

No USELESS gap in the free feed or the latest Proof Log rows right now.

Across 28 venues over 1 of the last 14 days. Last closed Nov 4, 23:27 UTC. See the Proof Log.

See USELESS routes as they open

Net after fees, depth and transfer checks, on every venue we read. No card required.

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