G funding rate explained
Right now Gravity (by Galxe) (G) perpetual futures trade on 5 exchanges we track. The highest funding is on Binance at +0.030% per day, the lowest on Aster at +0.030%. The average across all venues is +0.030% per day, or about +10.9% a year. Positive funding means G longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts G on Binance and goes long on Aster would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live G arbitrage board for the price side of the trade.
Settlement intervals differ: G funding is paid every 4 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: G arbitrage · Gravity (by Galxe) price · funding rates for all coins.