USELESS funding rate
Binance
+0.0102%
- Annualized
- +22.33%
- 7d avg (annual)
- —
- Next settlement
- · 4h
- Paid by longs over 30 days
- +0.012%
- Mark price
- 0.25115
- Contract
- USELESSUSDT
OKX
+0.0050%
- Annualized
- +10.95%
- 7d avg (annual)
- +15.67%
- Next settlement
- · 4h
- Paid by longs over 30 days
- +0.742%
- Mark price
- 0.25095
- Contract
- USELESS-USDT-SWAP
Funding rate history (annualized, 30 days)
BinanceOKX
USELESS funding rate statistics, last 30 days
| Exchange | Settlements | Average (ann.) | Highest (ann.) | Lowest (ann.) | Positive share | Paid by longs over 30 days |
|---|---|---|---|---|---|---|
| OKX | 101 | +16.1% | +64.7% Sep 23, 2026 | +11.0% Sep 15, 2026 | 100% | +0.742% |
What the USELESS funding rate means now
The USELESS perpetual on Binance currently pays +0.0102% every 4 hours, about +22.3% annualized. The rate is positive, so longs pay shorts at each settlement.
On OKX the USELESS perpetual pays +0.0050% every 4 hours, about +11.0% annualized. The 7-day average is +15.7%.
The current annualized gap between the two exchanges is 11.4%. Treat it as a reference only: arbitrage returns are reduced by fees and slippage, and rates and liquidation risk change every period.
You only pay or receive funding if you hold a position at the settlement time. Rates update every few minutes; check the exchange before trading.
USELESS on Binance and OKX →Liquidation price calculator →Funding rates: Binance vs OKX →