GDX Funding Rate History — Settled Payments by Exchange
VanEck Gold Miners ETF
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 90 | +0.7342% | +8.94% | +0.1701% | -0.0681% | 2026-10-01 00:01 UTC | |
| 90 | +0.6156% | +7.50% | +0.1718% | -0.0015% | 2026-10-01 00:00 UTC | |
| 90 | +0.5338% | +6.50% | +0.1701% | +0.0000% | 2026-10-01 00:00 UTC | |
| 90 | +0.5334% | +6.49% | +0.1701% | +0.0000% | 2026-10-01 00:00 UTC | |
| 90 | +0.0490% | +0.60% | +0.0200% | -0.0200% | 2026-10-01 00:00 UTC | |
| 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC | |
| 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC | |
| 90 | -0.0532% | -0.65% | +0.0175% | -0.0681% | 2026-10-01 00:00 UTC | |
| 90 | -0.1286% | -1.57% | +0.1748% | -0.0110% | 2026-10-01 00:00 UTC |
What the GDX funding rate means
What GDX (VanEck Gold Miners ETF) actually paid over the last 30 days: 810 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. Hotcoin paid the most over the window at +0.7342% 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 23% of the 810 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +0.7342% on Hotcoin to -0.1286% on WEEX — 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 GDX 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 23% of the 810 settlements recorded here.
- Which exchange has paid the most settled GDX funding recently?
- Hotcoin paid the most over the last 30 days at +0.7342% of position size across 90 settlements, an average annualized rate of +8.94%. This is a sum of actual payments, not a forecast.
- How often is GDX funding actually paid?
- Over the last 30 days, ORBIT recorded 810 funding settlements for GDX 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.