# COOL Funding Rate on Gate

As of 2026-10-08 01:47 UTC, the COOL perpetual on Gate pays 0.0050% per 4h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 2nd highest of 2 exchanges shown, against a volume-weighted average of 0.0100% per 8 hours (10.95% APR). Over the last 7 days Gate averaged -0.0075% per 8 hours (-8.21% APR). The next funding is at 2026-10-08 04:00 UTC.

## Funding on every 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

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

0.0050% per 4h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is -0.0075% per 8 hours (-8.21% APR).

### How often does Gate pay COOL funding?

Every 4 hours. The next payment is at 2026-10-08 04:00 UTC.

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

Gate is the 2nd highest of 2 exchanges shown. The highest is MEXC at 0.0145% per 4h (31.75% APR) and the lowest is Gate at 0.0050% per 4h (10.95% APR).

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

Long COOL on Gate and short on MEXC for a gross spread of 0.0190% per 8 hours (20.80% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.