GGLL funding rate explained
Right now GGLL perpetual futures trade on 3 exchanges we track. The highest funding is on Bitget at 0.000% per day, the lowest on MEXC at -0.193%. The average across all venues is -0.064% per day, or about -23.5% a year. Negative funding means GGLL shorts are paying longs — the market is leaning short.
The gap between the highest and lowest venue is +0.193% per day. A delta-neutral position that shorts GGLL on Bitget and goes long on MEXC would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live GGLL arbitrage board for the price side of the trade.
Settlement intervals differ: GGLL funding is paid every 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: GGLL arbitrage · funding rates for all coins.