# TENCENTHKD Funding Rates

As of 2026-10-05 17:28 UTC, TENCENTHKD perpetual funding averages -0.0073% per 8 hours (-8.03% APR) across all 3 exchanges that list it, weighted by 24h volume (median 0.0000%). Highest: Bitget at 0.0000% per 8h (0.00% APR). Lowest: KuCoin at -0.0082% per 8h (-8.98% APR). Going long on KuCoin and short on Bitget collects a gross spread of 0.0082% per 8 hours (8.98% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Gate](https://arbtide.com/funding-rates/tencenthkd/gate) | [TENCENTHKD/USDT:USDT](https://www.gate.com/futures/USDT/TENCENTHKD_USDT) | 0.0048% | 8h | 5.26% | 2026-10-06 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/tencenthkd/bitget) | [TENCENTHKD/USDT:USDT](https://www.bitget.com/futures/usdt/TENCENTHKDUSDT) | 0.0000% | 8h | 0.00% | — |
| [KuCoin](https://arbtide.com/funding-rates/tencenthkd/kucoin) | [TENCENTHKD/USDT:USDT](https://www.kucoin.com/trade/futures/TENCENTHKDUSDTM) | -0.0082% | 8h | -8.98% | 2026-10-06 00:00 UTC |

## Frequently asked questions

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

Mostly no. TENCENTHKD funding is positive on 1 of the 3 exchanges, which means longs are paying shorts on those venues.

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

Bitget at 0.0000% per 8h (0.00% APR). The lowest is KuCoin at -0.0082% per 8h (-8.98% APR).

### What is the TENCENTHKD funding arbitrage spread?

The gross spread is 0.0082% per 8 hours (8.98% APR): long TENCENTHKD on KuCoin and short on Bitget. Trading fees, slippage and price basis reduce the net return.

### How often is TENCENTHKD funding paid?

TENCENTHKD funding is paid every 8 hours on Gate, Bitget, and KuCoin. Rates on this page are also shown as APR so they can be compared directly.