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USELESS Funding Rate and Open Interest on Bybit

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

Bybit has $11.50M of USELESS perpetual open interest, 16.4% of the $70.04M across the 8 exchanges listing USELESS perps here (#4). USELESS funding on Bybit is 0.0100% per 8 hours (≈11% APR), settled every 4 hours at 0.0050% per payment, below the OI-weighted average of 0.0109% across exchanges. Bybit USELESS open interest changed -8.04% over the last 4h. $34K of Bybit USELESS positions were liquidated over the last 13 hours, 96.1% of it longs.

#4 of 8 by USELESS OI1 perpAs of 02:09 UTC

Perp priceUSELESSUSDT
0.2688
vol $18.29M
Open interest#4 of 8
$11.50M
16.4% of USELESS OI-8.04% 4h
Funding8h
0.0100%
≈11% APRpaid every 4 hours · 0.0050%

Bybit USELESS liquidations · last 13 hours

All liquidations →
Total
$34K
36 liquidations
Longs
$33K
96.1%
Shorts
$1,330
3.9%

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

USELESS markets on Bybit

1 perp
Market Price Vol 24h Open interest OI 24h Funding / 8h APR Interval Trade
USELESSUSDT perp0.2688$18.29M$11.50M—0.0100%≈11% APR4 hours · 0.0050%Trade ↗

USELESS funding on Bybit

8h equivalent, this exchange only

Chart: TradingView Lightweight Charts™

USELESS open interest on Bybit

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$20.30M29.0%0.0100%≈11% APR$49.65M
2MEXC$12.89M18.4%0.0100%≈11% APR$3.48M
3Hyperliquid$12.00M17.1%0.0100%≈11% APR$8.70M
4Bybit$11.50M16.4%0.0100%≈11% APR$18.29M
5Bitget$4.98M7.1%0.0160%≈18% APR$4.51M
6KuCoin$4.96M7.1%0.0166%≈18% APR$5.79M
7Gate$3.38M4.8%0.0100%≈11% APR$3.42M
8HTX$26K0.0%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 (allLiquidation stream); OI and funding polled every 30s.

USELESS on Bybit FAQ

What is the USELESS funding rate on Bybit?

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

How often does Bybit pay USELESS funding?

Bybit 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 Bybit?

$11.50M open USELESS perpetual positions on Bybit, 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?

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