USELESS funding rates and arbitrage
Updated 2026-11-11 22:51 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 |
|---|---|---|---|---|---|---|---|
| Aster | USELESSUSDT | 0.0114% | 4 h | +24.9% | +18.5% | $275.1K | 2026-11-12 00:00 |
| BloFin | USELESS-USDT | 0.0065% | 4 h | +14.2% | +24.1% | $473.4K | 2026-11-12 00:00 |
| Extended | USELESS-USD | 0.0013% | 1 h | +11.4% | +17.0% | $36.3K | 2026-11-11 23:00 |
| Pacifica | USELESS | 0.0013% | 1 h | +10.9% | +11.0% | $5.5K | 2026-11-11 23:00 |
| Bybit | USELESSUSDT | 0.0050% | 4 h | +10.9% | +11.8% | $9.8M | 2026-11-12 00:00 |
| KuCoin | USELESSUSDTM | 0.0050% | 4 h | +10.9% | +37.1% | $4.1M | 2026-11-12 00:00 |
| Phemex | USELESSUSDT | 0.0050% | 4 h | +10.9% | — | $1.6M | 2026-11-12 00:00 |
| MEXC | USELESS_USDT | 0.0050% | 4 h | +10.9% | +16.9% | $3.1M | 2026-11-12 00:00 |
| Bitget | USELESSUSDT | 0.0050% | 4 h | +10.9% | +18.2% | $2.3M | 2026-11-12 00:00 |
| HTX | USELESS-USDT | 0.0050% | 4 h | +10.9% | +11.0% | $6.5K | 2026-11-12 00:00 |
| OKX | USELESS-USDT-SWAP | 0.0050% | 4 h | +10.9% | +17.6% | $3.6M | 2026-11-12 00:00 |
| Nado | USELESS-PERP_USDT0 | 0.0013% | 1 h | +10.9% | +11.0% | $46.5K | 2026-11-11 23:00 |
| LBank | USELESSUSDT | 0.0050% | 4 h | +10.9% | +12.0% | — | 2026-11-12 00:00 |
| WOO X | PERP_USELESS_USDT | 0.0050% | 4 h | +10.9% | +16.9% | $7K | 2026-11-12 00:00 |
| Bitunix | USELESSUSDT | 0.0050% | 4 h | +10.9% | +16.8% | — | 2026-11-12 00:00 |
| BingX | USELESS-USDT | 0.0050% | 4 h | +10.9% | +21.2% | $1M | 2026-11-12 00:00 |
| Binance | USELESSUSDT | 0.0050% | 4 h | +10.9% | +16.9% | $9.3M | 2026-11-12 00:00 |
| TXFlow | USELESS-USDC | 0.0013% | 1 h | +10.9% | — | $21.1K | 2026-11-11 23:00 |
| Arcus | USELESS-USD | 0.0013% | 1 h | +10.9% | +20.4% | $151.5K | 2026-11-11 23:00 |
| Hyperliquid | USELESS | 0.0013% | 1 h | +10.9% | +20.2% | $10.8M | 2026-11-11 23:00 |
| Variational | USELESS-PERP | 0.0050% | 4 h | +10.9% | +12.0% | $240.7K | 2026-11-12 00:00 |
| Lighter RH | USELESS | 0.0012% | 1 h | +10.5% | +10.5% | $25.4K | 2026-11-11 23:00 |
| Lighter | USELESS | 0.0012% | 1 h | +10.5% | +13.9% | $578K | 2026-11-11 23:00 |
| Crypto.com | USELESSUSD-PERP | -0.0015% | 1 h | −13.0% | +12.1% | $3.4K | 2026-11-11 23:00 |
| Gate | USELESS_USDT | -0.0350% | 4 h | −76.6% | +8.2% | $9.7M | 2026-11-12 00:00 |
| ApeX | USELESS-USDT | -0.0089% | 1 h | −77.7% | +12.8% | $31.2K | 2026-11-11 23:00 |
Cost to enter $10,000 of USELESS
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| KuCoin | USELESSUSDTM | 15.1 bp | order-book snapshot, 8 min old |
| BloFin | USELESS-USDT | 17.7 bp | order-book snapshot, 50 min old |
| ApeX | USELESS-USDT | 19.4 bp * | order-book snapshot, 55 min old |
| MEXC | USELESS_USDT | 2.4 bp | top of book only |
| Lighter | USELESS | 3.4 bp | top of book only |
| Binance | USELESSUSDT | 5.4 bp | top of book only |
| Bybit | USELESSUSDT | 6.6 bp | top of book only |
| OKX | USELESS-USDT-SWAP | 6.9 bp | top of book only |
| BingX | USELESS-USDT | 7.2 bp | top of book only |
| Variational | USELESS-PERP | 7.5 bp | top of book only |
| Extended | USELESS-USD | 8.3 bp | top of book only |
| Gate | USELESS_USDT | 9.0 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * 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?
Aster at +24.9% a year (0.0114% every 4 h); the lowest is ApeX at −77.7%. 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.