# PROM Funding Rate on Gate

As of 2026-10-04 04:39 UTC, the PROM perpetual on Gate pays 0.0050% per 4h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 5th highest of 12 exchanges shown, against a volume-weighted average of 0.0100% per 8 hours (10.96% APR). Over the last 7 days Gate averaged 0.0263% per 8 hours (28.76% APR). The next funding is at 2026-10-04 08:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Extended](https://arbtide.com/funding-rates/prom/extended) | [PROM/USDC:USDC](https://app.extended.exchange/perp/PROM-USD) | 0.0013% | 1h | 11.39% | 2026-10-04 05:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/prom/xt) | [PROM/USDT:USDT](https://www.xt.com/en/futures/trade/prom_usdt) | 0.0051% | 4h | 11.07% | 2026-10-04 08:00 UTC |
| [Binance](https://arbtide.com/funding-rates/prom/binance) | [PROM/USDT:USDT](https://www.binance.com/en/futures/PROMUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/prom/bitget) | [PROM/USDT:USDT](https://www.bitget.com/futures/usdt/PROMUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/prom/gate) | [PROM/USDT:USDT](https://www.gate.com/futures/USDT/PROM_USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/prom/kucoin) | [PROM/USDT:USDT](https://www.kucoin.com/trade/futures/PROMUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/prom/mexc) | [PROM/USDT:USDT](https://www.mexc.com/futures/PROM_USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [BingX](https://arbtide.com/funding-rates/prom/bingx) | [PROM/USDT:USDT](https://bingx.com/en/perpetual/PROM-USDT) | 0.0050% | 4h | 10.95% | — |
| [LBank](https://arbtide.com/funding-rates/prom/lbank) | [PROM/USDT:USDT](https://www.lbank.com/futures/promusdt) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/prom/weex) | [PROM/USDT:USDT](https://www.weex.com/futures/PROM-USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:39 UTC |
| [Toobit](https://arbtide.com/funding-rates/prom/toobit) | [PROM/USDT:USDT](https://www.toobit.com/en-US/futures/PROM-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 08:00 UTC |
| [Aster](https://arbtide.com/funding-rates/prom/aster) | [PROM/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PROMUSDT) | 0.0050% | 4h | 10.95% | — |

## Frequently asked questions

### What is the PROM 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 0.0263% per 8 hours (28.76% APR).

### How often does Gate pay PROM funding?

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

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

Gate is the 5th highest of 12 exchanges shown. The highest is XT.COM at 0.0051% per 4h (11.07% APR) and the lowest is Toobit at 0.0050% per 4h (10.95% APR).

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

Long PROM on Gate and short on XT.COM for a gross spread of 0.0001% per 8 hours (0.12% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.