GMT Funding Rate — live across 9 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized GMT perpetual funding across all 9 venues Perpia tracks. Right now GMT funding is positive on 8 and negative on 1, ranging from +10.9% on OKX to -65.9% on Hyperliquid — a spread of 76.9%. The widest delta-neutral trade is long Hyperliquid / short OKX at 73.1% net APR.
GMT funding rate by venue
20 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| OKX | +10.9% | 4h |
| Bybit | +10.9% | 8h |
| BingX | +10.9% | 4h |
| Gate.io | +10.9% | 8h |
| KuCoin | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| MEXC | +5.5% | 8h |
| Binance | +5.5% | 8h |
| Hyperliquid | -65.9% | 1h |
Rates annualized; updated ~every few minutes from live venue data.
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GMT funding — FAQ
Is GMT funding positive right now?
GMT perpetual funding is positive on 8 of 9 venues Perpia tracks and negative on 1. The highest is +10.9% on OKX; the lowest is -65.9% on Hyperliquid.
What is the best GMT funding arbitrage right now?
Go long Hyperliquid and short OKX for about 73.1% net APR after fees — the widest delta-neutral GMT spread Perpia currently sees.
Which exchange has the highest GMT funding rate?
OKX, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How GMT funding arbitrage works
Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.