Funding Rate (GBP)

Compare perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

current price: $1.36

Rate MatrixHeatmapCumulative Fees

GBP Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1MEXC-0.0043%$21.0M
2Kraken+0.0033%$0.0M
3Bitfinexhighest+0.2500%00:00 UTC$0.0M
4Gate+0.0100%+10.95%8h00:00 UTC
5edgeX+0.0000%+0.00%4h12:00 UTC
6LBank-0.0042%00:00 UTC
7Lighter+0.0000%+0.00%1h
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0364%
OI-Weighted Rate
-0.0043%
Volume-Weighted Rate
-0.0041%

GBP Funding Rate History

About Funding Rate

What is the GBP funding rate?

The GBP funding rate is a periodic payment between long and short traders on perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged GBP perpetual position.

What does a positive or negative GBP funding rate mean?

A persistently positive GBP funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current GBP funding rate?

As of now, the GBP funding rate averages 0.0364% across 7 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest GBP funding rate?

Right now bitfinex shows the highest (or most extreme) GBP funding rate among tracked exchanges, at 0.2500%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.