GMT Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 BingX | 180 | +1.0428% | +12.70% | +0.0100% | -0.0003% | 2026-10-01 04:00 UTC |
 Pionex | 180 | +0.8327% | +10.14% | +0.0050% | -0.0030% | 2026-10-01 04:00 UTC |
 MEXC | 180 | +0.8250% | +10.04% | +0.0050% | -0.0045% | 2026-10-01 04:00 UTC |
 Toobit | 180 | +0.8248% | +10.04% | +0.0050% | -0.0045% | 2026-10-01 04:00 UTC |
 Hotcoin | 180 | +0.8248% | +10.04% | +0.0050% | -0.0045% | 2026-10-01 04:00 UTC |
 WEEX | 180 | +0.8248% | +10.04% | +0.0050% | -0.0045% | 2026-10-01 04:00 UTC |
 Binance Futures | 180 | +0.8247% | +10.04% | +0.0050% | -0.0043% | 2026-10-01 04:00 UTC |
 Bitunix | 180 | +0.8179% | +9.96% | +0.0050% | -0.0035% | 2026-10-01 04:00 UTC |
 Hyperliquid | 720 | +0.7497% | +9.13% | +0.0013% | -0.0069% | 2026-10-01 04:00 UTC |
 Bybit | 90 | +0.7401% | +9.01% | +0.0100% | -0.0204% | 2026-10-01 00:00 UTC |
 Bitget | 180 | +0.7082% | +8.62% | +0.0050% | -0.0155% | 2026-10-01 04:00 UTC |
 Aster | 324 | +0.6893% | +4.66% | +0.0050% | -0.0154% | 2026-10-01 04:00 UTC |
 KuCoin | 180 | +0.6462% | +7.87% | +0.0050% | -0.0292% | 2026-10-01 04:00 UTC |
 Gate.io | 90 | +0.3644% | +4.44% | +0.0100% | -0.0588% | 2026-10-01 00:00 UTC |
 OKX | 180 | +0.2630% | +3.20% | +0.0050% | -0.0367% | 2026-10-01 04:00 UTC |
What the GMT funding rate means
What GMT actually paid over the last 30 days: 3,204 settlements across 15 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. BingX paid the most over the window at +1.0428% 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 94% of the 3,204 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +1.0428% on BingX to +0.2630% on OKX — 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 GMT 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 94% of the 3,204 settlements recorded here.
- Which exchange has paid the most settled GMT funding recently?
- BingX paid the most over the last 30 days at +1.0428% of position size across 180 settlements, an average annualized rate of +12.70%. This is a sum of actual payments, not a forecast.
- How often is GMT funding actually paid?
- Over the last 30 days, ORBIT recorded 3,204 funding settlements for GMT across 15 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.