USELESS Funding Rate & Open Interest on Gate

USELESS Funding Rate and Open Interest on Gate

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

Gate has $3.38M of USELESS perpetual open interest, 4.8% of the $69.82M across the 8 exchanges listing USELESS perps here (#7). USELESS funding on Gate is 0.0100% per 8 hours (≈11% APR), settled every 4 hours at 0.0050% per payment, in line with the OI-weighted average across exchanges. Gate USELESS open interest changed -6.49% over the last 4h. $2,178 of Gate USELESS positions were liquidated over the last 13 hours, 100.0% of it longs.

#7 of 8 by USELESS OI1 perpAs of 02:40 UTC

Perp priceUSELESS_USDT

0.2679

vol $3.49M

Open interest#7 of 8

$3.38M

4.8% of USELESS OI-6.49% 4h

Funding8h

0.0100%

≈11% APRpaid every 4 hours · 0.0050%

Gate USELESS liquidations · last 13 hours

All liquidations →

Total

$2,178

5 liquidations

Longs

$2,178

100.0%

Shorts

0.0%

Liquidations have been collected for 13 hours so far; the window grows to 24 hours.

USELESS markets on Gate

1 perp

Market	Price	Vol 24h	Open interest	OI 24h	Funding / 8h	APR	Interval	Trade
USELESS_USDT perp	0.2679	$3.49M	$3.38M	—	0.0100%	≈11% APR	4 hours · 0.0050%	Trade ↗

USELESS funding on Gate

8h equivalent, this exchange only

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Chart: TradingView Lightweight Charts™

USELESS open interest on Gate

USD, this exchange only

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Chart: TradingView Lightweight Charts™

USELESS on every exchange

USELESS funding, all exchanges →

#	Exchange	Open interest	Share	Funding / 8h	APR	Perp vol 24h
1	Binance	$20.25M	29.0%	0.0100%	≈11% APR	$50.37M
2	MEXC	$12.96M	18.6%	0.0100%	≈11% APR	$3.51M
3	Hyperliquid	$11.88M	17.0%	0.0100%	≈11% APR	$8.74M
4	Bybit	$11.35M	16.3%	0.0100%	≈11% APR	$18.61M
5	Bitget	$4.99M	7.1%	0.0100%	≈11% APR	$4.58M
6	KuCoin	$4.98M	7.1%	0.0100%	≈11% APR	$5.81M
7	Gate	$3.38M	4.8%	0.0100%	≈11% APR	$3.49M
8	HTX	$26K	0.0%	0.0100%	≈11% APR	$171K

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: Every liquidation on USDT perps (futures.public_liquidates, batched each second); OI and funding polled every 30s.

USELESS on Gate FAQ

What is the USELESS funding rate on Gate?

The rate at the top of this page is Gate'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 Gate only.

How often does Gate pay USELESS funding?

Gate 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 Gate?

$3.38M open USELESS perpetual positions on Gate, 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?

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