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USELESS Funding Rate and Open Interest on Binance

Live Binance USELESS markets from Binance's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR, and 24h liquidations. The charts show Binance only; the table below compares USELESS on every exchange tracked here.

Binance has $21.81M of USELESS perpetual open interest, 29.0% of the $75.27M across the 8 exchanges listing USELESS perps here (#1). USELESS funding on Binance is 0.0100% per 8 hours (≈11% APR), settled every 4 hours at 0.0050% per payment, below the OI-weighted average of 0.0113% across exchanges. Binance USELESS open interest changed +2.67% over the last 4h. $25K of Binance USELESS positions were liquidated over the last 9 hours, 65.3% of it longs.

#1 of 8 by USELESS OI1 perpAs of 21:52 UTC

Perp priceUSELESSUSDT
0.2895
vol $45.51M
Open interest#1 of 8
$21.81M
29.0% of USELESS OI+2.67% 4h
Funding8h
0.0100%
≈11% APRpaid every 4 hours · 0.0050%

Binance USELESS liquidations · last 9 hours

All liquidations →
Total
$25K
52 liquidations
Longs
$16K
65.3%
Shorts
$8,682
34.7%

Liquidations have been collected for 9 hours so far; the window grows to 24 hours.

USELESS markets on Binance

1 perp
Market Price Vol 24h Open interest OI 24h Funding / 8h APR Interval Trade
USELESSUSDT perp0.2895$45.51M$21.81M—0.0100%≈11% APR4 hours · 0.0050%Trade ↗

USELESS funding on Binance

8h equivalent, this exchange only

Chart: TradingView Lightweight Charts™

USELESS open interest on Binance

USD, this exchange only

Chart: TradingView Lightweight Charts™

USELESS on every exchange

USELESS funding, all exchanges →
# Exchange Open interest Share Funding / 8h APR Perp vol 24h
1Binance$21.81M29.0%0.0100%≈11% APR$45.51M
2Hyperliquid$13.34M17.7%0.0104%≈11% APR$8.07M
3MEXC$13.10M17.4%0.0100%≈11% APR$3.43M
4Bybit$12.66M16.8%0.0100%≈11% APR$16.19M
5Bitget$5.46M7.2%0.0182%≈20% APR$3.94M
6KuCoin$5.18M6.9%0.0198%≈22% APR$5.79M
7Gate$3.71M4.9%0.0100%≈11% APR$3.20M
8HTX$29K0.0%0.0100%≈11% APR$177K

How it's counted. Open interest is the USD value of open USELESS perpetual positions (one side) at the mark price. Funding is shown as the 8-hour equivalent so exchanges with 1-, 4- and 8-hour settlements compare directly; the interval column gives the rate actually paid each settlement. HIP-3 markets that share the ticker are left out. Coverage: Liquidations sampled: Binance publishes at most one per symbol per second.

USELESS on Binance FAQ

What is the USELESS funding rate on Binance?

The rate at the top of this page is Binance's live USELESS perpetual funding rate, shown per 8 hours (0.0100%) so it compares directly with other exchanges, and per payment (0.0050% every 4 hours). Positive means longs pay shorts. The chart below shows its history on Binance only.

How often does Binance pay USELESS funding?

Binance settles USELESS funding every 4 hours; the 8-hour figures on this page are scaled to that interval for comparison.

How much USELESS open interest is on Binance?

$21.81M open USELESS perpetual positions on Binance, valued at the current mark price and counted on one side. The comparison table shows every other exchange's share.

Where does the data come from?

Binance's public market-data API, read live by this site. Nothing here comes from paid data vendors.