# AUCTION Funding Rate on Gate

As of 2026-10-03 01:23 UTC, the AUCTION perpetual on Gate pays 0.0100% per 8h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 5th highest of 13 exchanges shown, against a volume-weighted average of 0.0100% per 8 hours (10.95% APR). Over the last 7 days Gate averaged 0.0100% per 8 hours (10.95% APR). The next funding is at 2026-10-03 08:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Binance](https://arbtide.com/funding-rates/auction/binance) | [AUCTION/USDT:USDT](https://www.binance.com/en/futures/AUCTIONUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/auction/bybit) | [AUCTION/USDT:USDT](https://www.bybit.com/trade/usdt/AUCTIONUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [OKX](https://arbtide.com/funding-rates/auction/okx) | [AUCTION/USDT:USDT](https://www.okx.com/trade-swap/auction-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/auction/bitget) | [AUCTION/USDT:USDT](https://www.bitget.com/futures/usdt/AUCTIONUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/auction/gate) | [AUCTION/USDT:USDT](https://www.gate.com/futures/USDT/AUCTION_USDT) | 0.0100% | 8h | 10.95% | 2026-10-03 08:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/auction/kucoin) | [AUCTION/USDT:USDT](https://www.kucoin.com/trade/futures/AUCTIONUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/auction/mexc) | [AUCTION/USDT:USDT](https://www.mexc.com/futures/AUCTION_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [BingX](https://arbtide.com/funding-rates/auction/bingx) | [AUCTION/USDT:USDT](https://bingx.com/en/perpetual/AUCTION-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/auction/whitebit) | [AUCTION/USDT:USDT](https://whitebit.com/trade/AUCTION-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [LBank](https://arbtide.com/funding-rates/auction/lbank) | [AUCTION/USDT:USDT](https://www.lbank.com/futures/auctionusdt) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/auction/weex) | [AUCTION/USDT:USDT](https://www.weex.com/futures/AUCTION-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 01:23 UTC |
| [Toobit](https://arbtide.com/funding-rates/auction/toobit) | [AUCTION/USDT:USDT](https://www.toobit.com/en-US/futures/AUCTION-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [Aster](https://arbtide.com/funding-rates/auction/aster) | [AUCTION/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/AUCTIONUSDT) | 0.0050% | 4h | 10.95% | — |

## Frequently asked questions

### What is the AUCTION funding rate on Gate?

0.0100% per 8h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is 0.0100% per 8 hours (10.95% APR).

### How often does Gate pay AUCTION funding?

Every 8 hours. The next payment is at 2026-10-03 08:00 UTC.

### Is AUCTION funding on Gate higher than on other exchanges?

Gate is the 5th highest of 13 exchanges shown. The highest is Binance at 0.0050% per 4h (10.95% APR) and the lowest is Toobit at 0.0050% per 4h (10.95% APR).

### How do you arbitrage AUCTION funding with Gate?

Long AUCTION on Toobit and short on Gate for a gross spread of 0.0000% per 8 hours (0.00% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.