USELESS funding rates
USELESS perpetual funding is currently quoted across 11 venues, ranging from +10.5% to +87.9% APR. The most reliable delta-neutral pairing for USELESS right now is long Polymarket / short Arcus at +70.2% net APR (low risk, ~0.5d to break even).
as of 2026-10-27 21:30 UTC
Best delta-neutral pairing
Long Polymarket / Short Arcus
+70.2% net APR
- Backtested (30d)
- +17.4%
- Stability
- 75.1%
- Risk
- low
- Breakeven
- ~0.5d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeUSELESS funding by exchange
| Exchange | Funding APR |
|---|---|
| Arcus | +87.90% |
| Extended | +20.15% |
| Hyperliquid | +19.41% |
| Pacifica | +10.95% |
| Polymarket | +10.95% |
| Variational | +10.95% |
| Aster | +10.95% |
| TxFlow | +10.95% |
| Nado | +10.95% |
| Lighter RH | +10.51% |
| Lighter | +10.51% |
Frequently asked
What is the USELESS funding rate right now?
USELESS perpetual funding ranges from 10.51% to 87.90% APR across 11 exchanges we track; the widest delta-neutral spread is long Polymarket / short Arcus at 70.2% net APR.
Which exchange has the highest USELESS funding rate?
Arcus currently has the highest at 87.90% APR. See the full ranking above.