# GBP Funding Rate on Bitfinex

As of 2026-10-06 16:03 UTC, the GBP perpetual on Bitfinex pays -0.2500% per 8h, -0.2500% per 8 hours (-273.75% APR), so shorts pay longs. That is the 6th highest of 6 exchanges shown, against a volume-weighted average of 0.0192% per 8 hours (21.00% APR). Over the last 7 days Bitfinex averaged -0.1179% per 8 hours (-129.15% APR).

## Funding on every 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 | 21.50% | 2026-10-06 20:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/gbp/weex) | [GBP/USDT:USDT](https://www.weex.com/futures/GBP-USDT) | 0.0061% | 4h | 13.33% | 2026-10-06 16:03 UTC |
| [MEXC](https://arbtide.com/funding-rates/gbp/mexc) | [GBP/USDT:USDT](https://www.mexc.com/futures/GBP_USDT) | 0.0056% | 4h | 12.26% | 2026-10-06 20:00 UTC |
| [LBank](https://arbtide.com/funding-rates/gbp/lbank) | [GBP/USDT:USDT](https://www.lbank.com/futures/gbpusdt) | 0.0056% | 4h | 12.26% | 2026-10-06 20:00 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) | -0.2500% | 8h | -273.75% | — |

## Frequently asked questions

### What is the GBP funding rate on Bitfinex?

-0.2500% per 8h, or -0.2500% per 8 hours (-273.75% APR), so shorts pay longs. The 7-day average is -0.1179% per 8 hours (-129.15% APR).

### How often does Bitfinex pay GBP funding?

Every 8 hours.

### Is GBP funding on Bitfinex higher than on other exchanges?

Bitfinex is the 6th highest of 6 exchanges shown. The highest is XT.COM at 0.0098% per 4h (21.50% APR) and the lowest is LBank at 0.0056% per 4h (12.26% APR).

### How do you arbitrage GBP funding with Bitfinex?

Long GBP on Bitfinex and short on XT.COM for a gross spread of 0.2696% per 8 hours (295.25% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.
