# GPS Funding Rate on Kraken

As of 2026-10-05 19:12 UTC, the GPS perpetual on Kraken pays -0.0022% per 1h, -0.0174% per 8 hours (-19.09% APR), so shorts pay longs. That is the 18th highest of 18 exchanges shown, against a volume-weighted average of 0.0099% per 8 hours (10.85% APR). Over the last 7 days Kraken averaged -0.0217% per 8 hours (-23.79% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Extended](https://arbtide.com/funding-rates/gps/extended) | [GPS/USDC:USDC](https://app.extended.exchange/perp/GPS-USD) | 0.0013% | 1h | 11.39% | 2026-10-05 20:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/gps/xt) | [GPS/USDT:USDT](https://www.xt.com/en/futures/trade/gps_usdt) | 0.0051% | 4h | 11.11% | 2026-10-05 20:00 UTC |
| [Binance](https://arbtide.com/funding-rates/gps/binance) | [GPS/USDT:USDT](https://www.binance.com/en/futures/GPSUSDT) | 0.0050% | 4h | 10.95% | 2026-10-05 20:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/gps/bybit) | [GPS/USDT:USDT](https://www.bybit.com/trade/usdt/GPSUSDT) | 0.0050% | 4h | 10.95% | 2026-10-05 20:00 UTC |
| [OKX](https://arbtide.com/funding-rates/gps/okx) | [GPS/USDT:USDT](https://www.okx.com/trade-swap/gps-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-05 20:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/gps/bitget) | [GPS/USDT:USDT](https://www.bitget.com/futures/usdt/GPSUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/gps/gate) | [GPS/USDT:USDT](https://www.gate.com/futures/USDT/GPS_USDT) | 0.0100% | 8h | 10.95% | 2026-10-06 00:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/gps/kucoin) | [GPS/USDT:USDT](https://www.kucoin.com/trade/futures/GPSUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-05 20:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/gps/mexc) | [GPS/USDT:USDT](https://www.mexc.com/futures/GPS_USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 20:00 UTC |
| [BingX](https://arbtide.com/funding-rates/gps/bingx) | [GPS/USDT:USDT](https://bingx.com/en/perpetual/GPS-USDT) | 0.0050% | 4h | 10.95% | — |
| [HTX](https://arbtide.com/funding-rates/gps/htx) | [GPS/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=GPS-USDT&contract_type=swap&type=cross) | 0.0050% | 4h | 10.95% | 2026-10-05 20:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/gps/whitebit) | [GPS/USDT:USDT](https://whitebit.com/trade/GPS-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-05 20:00 UTC |
| [LBank](https://arbtide.com/funding-rates/gps/lbank) | [GPS/USDT:USDT](https://www.lbank.com/futures/gpsusdt) | 0.0050% | 4h | 10.95% | 2026-10-05 20:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/gps/toobit) | [GPS/USDT:USDT](https://www.toobit.com/en-US/futures/GPS-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 20:00 UTC |
| [Aster](https://arbtide.com/funding-rates/gps/aster) | [GPS/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/GPSUSDT) | 0.0050% | 4h | 10.95% | — |
| [WEEX](https://arbtide.com/funding-rates/gps/weex) | [GPS/USDT:USDT](https://www.weex.com/futures/GPS-USDT) | 0.0047% | 4h | 10.40% | 2026-10-05 19:12 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/gps/deepcoin) | [GPS/USDT:USDT](https://www.deepcoin.com/en/swap/GPS-USDT) | 0.0050% | 8h | 5.47% | — |
| [Kraken](https://arbtide.com/funding-rates/gps/kraken) | [GPS/USD:USD](https://pro.kraken.com/app/trade/futures-gps-usd-perp) | -0.0022% | 1h | -19.09% | — |

## Frequently asked questions

### What is the GPS funding rate on Kraken?

-0.0022% per 1h, or -0.0174% per 8 hours (-19.09% APR), so shorts pay longs. The 7-day average is -0.0217% per 8 hours (-23.79% APR).

### How often does Kraken pay GPS funding?

Every hour.

### Is GPS funding on Kraken higher than on other exchanges?

Kraken is the 18th highest of 18 exchanges shown. The highest is XT.COM at 0.0051% per 4h (11.11% APR) and the lowest is Deepcoin at 0.0050% per 8h (5.47% APR).

### How do you arbitrage GPS funding with Kraken?

Long GPS on Kraken and short on XT.COM for a gross spread of 0.0276% per 8 hours (30.21% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.