# COOL Funding Rates

As of 2026-10-08 00:11 UTC, COOL perpetual funding averages 0.0100% per 8 hours (10.95% APR) across all 2 exchanges that list it, weighted by 24h volume (median 0.0195%). Highest: MEXC at 0.0145% per 4h (31.75% APR). Lowest: Gate at 0.0050% per 4h (10.95% APR). Going long on Gate and short on MEXC collects a gross spread of 0.0190% per 8 hours (20.80% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [MEXC](https://arbtide.com/funding-rates/cool/mexc) | [COOL/USDT:USDT](https://www.mexc.com/futures/COOL_USDT) | 0.0145% | 4h | 31.75% | 2026-10-08 04:00 UTC |
| [Gate](https://arbtide.com/funding-rates/cool/gate) | [COOL/USDT:USDT](https://www.gate.com/futures/USDT/COOL_USDT) | 0.0050% | 4h | 10.95% | 2026-10-08 04:00 UTC |

## Frequently asked questions

### Is the COOL funding rate positive right now?

Yes. COOL funding is positive on 2 of the 2 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest COOL funding rate?

MEXC at 0.0145% per 4h (31.75% APR). The lowest is Gate at 0.0050% per 4h (10.95% APR).

### What is the COOL funding arbitrage spread?

The gross spread is 0.0190% per 8 hours (20.80% APR): long COOL on Gate and short on MEXC. Trading fees, slippage and price basis reduce the net return.

### How often is COOL funding paid?

COOL funding is paid every 4 hours on MEXC and Gate. Rates on this page are also shown as APR so they can be compared directly.