USELESS funding rates

USELESS perpetual funding is currently quoted across 9 venues, ranging from +5.5% to +11.4% APR. The most reliable delta-neutral pairing for USELESS right now is long Polymarket / short Nado at +1.1% net APR (high risk, ~5.2d to break even).

as of 2026-09-12 10:36 UTC
Best delta-neutral pairing
Long Polymarket / Short Nado
+1.1% net APR
Backtested (30d)
+3.1%
Stability
100%
Risk
high
Breakeven
~5.2d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

Open this trade

USELESS funding by exchange

ExchangeFunding APR
Extended+11.39%
Hyperliquid+10.95%
Pacifica+10.95%
Variational+10.95%
TxFlow+10.95%
Aster+10.95%
Nado+10.95%
Lighter+10.51%
Polymarket+5.47%

Frequently asked

What is the USELESS funding rate right now?

USELESS perpetual funding ranges from 5.47% to 11.39% APR across 9 exchanges we track; the widest delta-neutral spread is long Polymarket / short Nado at 1.1% net APR.

Which exchange has the highest USELESS funding rate?

Extended currently has the highest at 11.39% APR. See the full ranking above.