# GBP Funding Rates

As of 2026-10-04 05:55 UTC, GBP perpetual funding averages -0.0147% per 8 hours (-16.10% APR) across all 6 exchanges that list it, weighted by 24h volume (median -0.0029%). Highest: MEXC at -0.0070% per 4h (-15.33% APR). Lowest: LBank at -0.0077% per 4h (-16.86% APR). Going long on LBank and short on MEXC collects a gross spread of 0.0014% per 8 hours (1.53% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [XT.COM](https://arbtide.com/funding-rates/gbp/xt) | [GBP/USDT:USDT](https://www.xt.com/en/futures/trade/gbp_usdt) | 0.0098% | 4h | 21.53% | 2026-10-04 08:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/gbp/kraken) | [GBP/USD:USD](https://pro.kraken.com/app/trade/futures-gbp-usd-perp) | 0.0000% | 1h | 0.00% | — |
| [Bitfinex](https://arbtide.com/funding-rates/gbp/bitfinex) | [GBP/USDT:USDT](https://trading.bitfinex.com/t/GBPF0:USTF0) | 0.0000% | 8h | 0.00% | — |
| [WEEX](https://arbtide.com/funding-rates/gbp/weex) | [GBP/USDT:USDT](https://www.weex.com/futures/GBP-USDT) | -0.0029% | 4h | -6.37% | 2026-10-04 05:55 UTC |
| [MEXC](https://arbtide.com/funding-rates/gbp/mexc) | [GBP/USDT:USDT](https://www.mexc.com/futures/GBP_USDT) | -0.0070% | 4h | -15.33% | 2026-10-04 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/gbp/lbank) | [GBP/USDT:USDT](https://www.lbank.com/futures/gbpusdt) | -0.0077% | 4h | -16.86% | 2026-10-04 08:00 UTC |

## Frequently asked questions

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

Mostly no. GBP funding is positive on 1 of the 6 exchanges, which means longs are paying shorts on those venues.

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

MEXC at -0.0070% per 4h (-15.33% APR). The lowest is LBank at -0.0077% per 4h (-16.86% APR).

### What is the GBP funding arbitrage spread?

The gross spread is 0.0014% per 8 hours (1.53% APR): long GBP on LBank and short on MEXC. Trading fees, slippage and price basis reduce the net return.

### How often is GBP funding paid?

GBP funding is paid every 8 hours on Bitfinex; every 4 hours on XT.COM, WEEX, MEXC, and LBank; every hour on Kraken. Rates on this page are also shown as APR so they can be compared directly.