GBP Perpetual Swap Funding Rate by Exchange
British Pound (GBP/USD)
Funding Rates by Exchange
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
 WEEXBest Short | +26.36% | 4h | $279K | $1.3251 |
 LBank | +25.20% | 4h | — | $1.3252 |
 BitMart | +24.98% | 4h | $564K | $1.3251 |
 MEXC | +24.11% | 4h | $26.2M | $1.325 |
 Toobit | +21.92% | 8h | $13K | $1.3265 |
 Gate.io | +0.66% | 8h | $230K | $1.3263 |
 Hotcoin | +0.18% | 8h | — | $1.325 |
 BybitBest Long | +0.00% | 8h | $325K | $1.3248 |
 Lighter | +0.00% | 1h | $288K | $1.325 |
 Bitget | +0.00% | 8h | $16K | $1.3248 |
 HTX | +0.00% | 1h | $5K | $1.3228 |
![trade[XYZ]](/icons/exchanges/hl-xyz.svg){kind=icon} trade[XYZ] | +0.00% | 1h | $597K | $1.3246 |
 CoinW | +0.00% | 8h | — | $1.3296 |
GBP funding rates explained
Funding data updated 18:17 UTC, 2026-09-23
GBP (British Pound (GBP/USD)) tokenized / RWA perpetual funding rates — also called perpetual swap funding rates — are aggregated live by exchange across 13 venues on ORBIT. Funding is the recurring payment exchanged between long and short traders that keeps a perpetual swap tethered to the spot price — when it is positive, longs pay shorts; when negative, shorts pay longs. Right now GBP funding ranges from +0.00% annualized on CoinW to +26.36% on WEEX.
The widest cross-exchange funding spread for GBP is currently 26.4% APR. A delta-neutral funding trade captures this gap by going long on Bybit — where funding is lowest, so the long leg is paid or pays the least — and short on WEEX, where funding is highest, so the short leg collects. Because the two legs are equal and opposite, the asset's price moves cancel out and what is left is the funding spread. ORBIT's backtester replays the real funding history of both legs and subtracts live taker fees and order-book slippage, so the result is net PnL, not a headline number.