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USELESS funding rate

USELESS funding is +0.0100% per 8 hours on Bybit and +0.0100% on Hyperliquid, whose rate is paid every hour (shown here as the hourly rate times 8).

USELESS funding now

Snapshot of 28 Oct 2026, 16:07 UTC. Rates come from public exchange data and refresh every 30 minutes.

Bybit, per 8 hours
+0.0100%
Hyperliquid, per 8 hours
+0.0100%
Bybit, annualized
+10.9%
Hyperliquid, annualized
+10.9%
Difference, per 8 hours
+0.0000 points
Bybit funding interval
4 hours
Open interest, Bybit
$12.44M
Open interest, Hyperliquid
$7.63M
Last price
0.15845 Bybit

In numbers

Annualized that is +10.9% on Bybit and +10.9% on Hyperliquid: on Bybit longs pay shorts, on Hyperliquid longs pay shorts.

Hyperliquid sits 0.0000 percentage points below Bybit per 8 hours.

Among the 194 assets with a Bybit rate, USELESS ranks number 43 from the highest.

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