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USELESS Funding Rate and Open Interest on Hyperliquid

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

Hyperliquid has $13.19M of USELESS perpetual open interest, 17.5% of the $75.51M across the 8 exchanges listing USELESS perps here (#2). USELESS funding on Hyperliquid is 0.0100% per 8 hours (≈11% APR), settled every 1 hour at 0.0013% per payment, below the OI-weighted average of 0.0118% across exchanges. Hyperliquid USELESS open interest changed -1.62% over the last 4h.

#2 of 8 by USELESS OI1 perpAs of 22:06 UTC

Perp priceUSELESS
0.2881
vol $8.00M
Open interest#2 of 8
$13.19M
17.5% of USELESS OI-1.62% 4h
Funding8h
0.0100%
≈11% APRpaid every 1 hour · 0.0013%

USELESS markets on Hyperliquid

1 perp
Market Price Vol 24h Open interest OI 24h Funding / 8h APR Interval Trade
USELESS perp0.2881$8.00M$13.19M—0.0100%≈11% APR1 hour · 0.0013%Trade ↗

USELESS funding on Hyperliquid

8h equivalent, this exchange only

Chart: TradingView Lightweight Charts™

USELESS open interest on Hyperliquid

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$21.69M28.7%0.0100%≈11% APR$45.16M
2Hyperliquid$13.19M17.5%0.0100%≈11% APR$8.00M
3MEXC$13.14M17.4%0.0100%≈11% APR$3.26M
4Bybit$12.56M16.6%0.0100%≈11% APR$16.26M
5KuCoin$5.83M7.7%0.0252%≈28% APR$5.77M
6Bitget$5.40M7.1%0.0192%≈21% APR$3.94M
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: No liquidations: Hyperliquid has no public all-market liquidation stream.

USELESS on Hyperliquid FAQ

What is the USELESS funding rate on Hyperliquid?

The rate at the top of this page is Hyperliquid's live USELESS perpetual funding rate, shown per 8 hours (0.0100%) so it compares directly with other exchanges, and per payment (0.0013% every 1 hour). Positive means longs pay shorts. The chart below shows its history on Hyperliquid only.

How often does Hyperliquid pay USELESS funding?

Hyperliquid settles USELESS funding every 1 hour; the 8-hour figures on this page are scaled to that interval for comparison.

How much USELESS open interest is on Hyperliquid?

$13.19M open USELESS perpetual positions on Hyperliquid, 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?

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