ArbiLayer

GMX funding rate

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

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Highest (24h)+0.030%Bybit
Lowest (24h)+0.018%MEXC
Average (24h)+0.027%across 9 venues
Funding gap (24h)+0.012%short the highest, long the lowest
ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume
Bybit logoBybitCEX · GMXUSDT+0.0100%8h—+0.030%+10.9%$8.75-0.011%$628.8K
Bitget logoBitgetCEX · GMXUSDT+0.0100%8h—+0.030%+10.9%$8.74-0.172%$264.6K
Gate logoGateCEX · GMX_USDT+0.0100%8h01:08:13+0.030%+10.9%$8.73-0.160%$555.3K
OKX logoOKXCEX · GMX-USDT-SWAP+0.0100%8h01:08:13+0.030%+10.9%$8.74—$560.2K
KuCoin logoKuCoinCEX · GMXUSDTM+0.0100%8h01:08:13+0.030%+10.9%$8.75-0.148%$290.4K
Hyperliquid logoHyperliquidPerp DEX · GMX+0.0013%1h00:08:13+0.030%+10.9%$8.76+0.125%$227.3K
Variational logoVariationalCEX · GMX+0.0100%8h—+0.030%+10.9%$8.75—$7.5K
Binance logoBinanceCEX · GMXUSDT+0.0061%8h—+0.018%+6.7%$8.74-0.127%—
MEXC logoMEXCCEX · GMX_USDT+0.0059%8h01:08:13+0.018%+6.5%$8.74-0.171%$263.3K

GMX funding rate explained

Right now GMX perpetual futures trade on 9 exchanges we track. The highest funding is on Bybit at +0.030% per day, the lowest on MEXC at +0.018%. The average across all venues is +0.027% per day, or about +10.0% a year. Positive funding means GMX longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.012% per day. A delta-neutral position that shorts GMX on Bybit 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 GMX arbitrage page for the price side of the trade.

Settlement intervals differ: GMX funding is paid every 1 hour and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

Related: GMX arbitrage · GMX price · funding rates for all coins.

What is the GMX funding rate today?

The average GMX funding rate across 9 exchanges is +0.027% per 24 hours. It ranges from +0.018% on MEXC to +0.030% on Bybit. Rates update every few seconds on this page.

Which exchange has the highest GMX funding rate?

Bybit currently has the highest GMX funding at +0.030% per day, and MEXC the lowest at +0.018%.

How often is GMX funding paid?

GMX perpetuals settle funding every 1 hour and 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is GMX funding positive or negative?

On average it is positive (+0.027% per day): longs pay shorts.