# HOOKED Funding Rate on Gate

As of 2026-10-07 11:19 UTC, the HOOKED 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 0.0263% per 8 hours (28.75% APR). Over the last 7 days Gate averaged -0.4258% per 8 hours (-466.20% APR). The next funding is at 2026-10-07 12:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [MEXC](https://arbtide.com/funding-rates/hooked/mexc) | [HOOKED/USDT:USDT](https://www.mexc.com/futures/HOOKED_USDT) | 0.0200% | 4h | 43.80% | 2026-10-07 12:00 UTC |
| [Gate](https://arbtide.com/funding-rates/hooked/gate) | [HOOKED/USDT:USDT](https://www.gate.com/futures/USDT/HOOKED_USDT) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |

## Frequently asked questions

### What is the HOOKED 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 -0.4258% per 8 hours (-466.20% APR).

### How often does Gate pay HOOKED funding?

Every 4 hours. The next payment is at 2026-10-07 12:00 UTC.

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

Gate is the 2nd highest of 2 exchanges shown. The highest is MEXC at 0.0200% per 4h (43.80% APR) and the lowest is Gate at 0.0050% per 4h (10.95% APR).

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

Long HOOKED on Gate and short on MEXC for a gross spread of 0.0300% per 8 hours (32.85% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.