Volume Monitor
Live crypto data · 8 exchanges

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 $3.68M of USELESS perpetual open interest, 4.9% of the $74.77M 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, below the OI-weighted average of 0.0117% across exchanges. Gate USELESS open interest changed -0.32% over the last 4h.

#7 of 8 by USELESS OI1 perpAs of 22:07 UTC

Perp priceUSELESS_USDT
0.2884
vol $3.14M
Open interest#7 of 8
$3.68M
4.9% of USELESS OI-0.32% 4h
Funding8h
0.0100%
≈11% APRpaid every 4 hours · 0.0050%

Gate USELESS liquidations · last 9 hours

All liquidations →
Total
$0
0 liquidations
Longs
$0
—
Shorts
$0
—

Liquidations have been collected for 9 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 perp0.2884$3.14M$3.68M—0.0100%≈11% APR4 hours · 0.0050%Trade ↗

USELESS funding on Gate

8h equivalent, this exchange only

Chart: TradingView Lightweight Charts™

USELESS open interest on Gate

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$21.67M29.0%0.0100%≈11% APR$45.16M
2Hyperliquid$13.17M17.6%0.0104%≈11% APR$8.00M
3MEXC$13.14M17.6%0.0100%≈11% APR$3.27M
4Bybit$12.53M16.8%0.0100%≈11% APR$16.24M
5Bitget$5.39M7.2%0.0192%≈21% APR$3.94M
6KuCoin$5.15M6.9%0.0246%≈27% APR$5.76M
7Gate$3.68M4.9%0.0100%≈11% APR$3.14M
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: 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?

$3.68M 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.