GBP Funding Rate History — Settled Payments by Exchange
British Pound (GBP/USD)
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Toobit | 90 | +0.8429% | +10.26% | +0.0200% | -0.0064% | 2026-09-23 16:00 UTC |
 Gate.io | 90 | +0.1990% | +2.42% | +0.0200% | +0.0000% | 2026-09-23 16:00 UTC |
 Hotcoin | 90 | +0.0359% | +0.44% | +0.0010% | +0.0001% | 2026-09-23 16:01 UTC |
 Bybit | 47 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-09-23 16:00 UTC |
 HTX | 347 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-09-23 18:00 UTC |
 Bitget | 44 | -0.0247% | -0.62% | +0.0000% | -0.0128% | 2026-09-23 16:00 UTC |
 MEXC | 180 | -0.0475% | -0.58% | +0.0163% | -0.0121% | 2026-09-23 16:00 UTC |
 WEEX | 180 | -0.0603% | -0.73% | +0.0140% | -0.0125% | 2026-09-23 16:00 UTC |
![trade[XYZ]](/icons/exchanges/hl-xyz.svg){kind=icon} trade[XYZ]mirrors Hyperliquid | 720 | -0.1286% | -1.57% | +0.0050% | -0.0054% | 2026-09-23 18:00 UTC |
What the GBP funding rate means
What GBP (British Pound (GBP/USD)) actually paid over the last 30 days: 1,788 settlements across 9 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. Toobit paid the most over the window at +0.8429% of position size.
A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 22% of the 1,788 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +0.8429% on Toobit to -0.1286% on trade[XYZ] — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.
Frequently asked questions
- Is the GBP funding rate a live quote or an actual payment?
- A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 22% of the 1,788 settlements recorded here.
- Which exchange has paid the most settled GBP funding recently?
- Toobit paid the most over the last 30 days at +0.8429% of position size across 90 settlements, an average annualized rate of +10.26%. This is a sum of actual payments, not a forecast.
- How often is GBP funding actually paid?
- Over the last 30 days, ORBIT recorded 1,788 funding settlements for GBP across 9 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.