USELESS funding rates
USELESS perpetual funding is currently quoted across 5 venues, ranging from +10.9% to +150.7% APR. The most reliable delta-neutral pairing for USELESS right now is long Variational / short Lighter at +126.0% net APR (high risk, ~1.1d to break even).
as of 2026-06-12 17:17 UTC
Best delta-neutral pairing
Long Variational / Short Lighter
+126.0% net APR
- Backtested (30d)
- +1.4%
- Stability
- 77.4%
- Risk
- high
- Breakeven
- ~1.1d
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 |
|---|---|
| Lighter | +150.67% |
| Aster | +73.45% |
| dYdX | +10.95% |
| Variational | +10.95% |
| EdgeX | +10.95% |
Frequently asked
What is the USELESS funding rate right now?
USELESS perpetual funding ranges from 10.95% to 150.67% APR across 5 exchanges we track; the widest delta-neutral spread is long Variational / short Lighter at 126.0% net APR.
Which exchange has the highest USELESS funding rate?
Lighter currently has the highest at 150.67% APR. See the full ranking above.