GP funding rate

Live Graphite Protocol perpetual funding on every connected exchange. Positive funding means longs pay shorts.

Connecting…

Highest (24h)+0.120%MEXC

Lowest (24h)+0.030%Gate

Average (24h)+0.075%across 2 venues

Funding gap (24h)+0.090%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

MEXCCEX · GP_USDT+0.0200%4h00:43:18+0.120%+43.8%$0.00332+0.881%$126.9K

GateCEX · GP_USDT+0.0050%4h00:43:18+0.030%+10.9%$0.00318-0.594%$469.4K

GP funding rate explained

Right now Graphite Protocol (GP) perpetual futures trade on 2 exchanges we track. The highest funding is on MEXC at +0.120% per day, the lowest on Gate at +0.030%. The average across all venues is +0.075% per day, or about +27.4% a year. Positive funding means GP longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.090% per day. A delta-neutral position that shorts GP on MEXC and goes long on Gate would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live GP arbitrage board for the price side of the trade.

Settlement intervals differ: GP 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.

What is the GP funding rate today?

The average GP funding rate across 2 exchanges is +0.075% per 24 hours. It ranges from +0.030% on Gate to +0.120% on MEXC. Rates update every few seconds on this page.

Which exchange has the highest GP funding rate?

MEXC currently has the highest GP funding at +0.120% per day, and Gate the lowest at +0.030%.

How often is GP funding paid?

GP perpetuals settle funding every 4 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is GP funding positive or negative?

On average it is positive (+0.075% per day): longs pay shorts.