Funding Rate (GMT)

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

current price: $0.007447

Rate MatrixHeatmapCumulative Fees

GMT Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h16:00 UTC$2.3M
2Bybit+0.0100%+10.95%8h16:00 UTC$1.3M
3Bitget+0.0050%+10.95%4h$0.7M
4WhiteBIT+0.0050%+10.95%4h16:00 UTC$0.5M
5MEXC+0.0050%$0.4M
6KuCoin+0.0050%+10.95%4h16:00 UTC$0.3M
7Gate+0.0025%+2.74%8h16:00 UTC$0.2M
8Krakenhighest+0.0605%$0.2M
9Hyperliquid+0.0013%+10.95%1h$0.1M
10Aster+0.0013%+10.95%1h16:00 UTC$0.0M
11Crypto.com-0.0149%$0.0M
12BingX+0.0100%16:00 UTC
13Bitunix+0.0050%+10.95%4h16:00 UTC
14LBank+0.0050%16:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0075%
OI-Weighted Rate
+0.0074%
Volume-Weighted Rate
+0.0060%

GMT Funding Rate History

GMT Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance+0.0100%+0.1867%+0.8669%+1.5891%

About Funding Rate

What is the GMT funding rate?

The GMT 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 GMT perpetual position.

What does a positive or negative GMT funding rate mean?

A persistently positive GMT 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 GMT funding rate?

As of now, the GMT funding rate averages 0.0075% across 14 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 GMT funding rate?

Right now kraken shows the highest (or most extreme) GMT funding rate among tracked exchanges, at 0.0605%. 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.