# VELVET Funding Rate on Gate

As of 2026-10-06 01:39 UTC, the VELVET perpetual on Gate pays 0.0188% per 4h, 0.0376% per 8 hours (41.17% APR), so longs pay shorts. That is the 2nd highest of 14 exchanges shown, against a volume-weighted average of 0.0225% per 8 hours (24.67% APR). Over the last 7 days Gate averaged 0.0108% per 8 hours (11.79% APR). The next funding is at 2026-10-06 04:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Bybit](https://arbtide.com/funding-rates/velvet/bybit) | [VELVET/USDT:USDT](https://www.bybit.com/trade/usdt/VELVETUSDT) | 0.0233% | 4h | 51.00% | 2026-10-06 04:00 UTC |
| [Gate](https://arbtide.com/funding-rates/velvet/gate) | [VELVET/USDT:USDT](https://www.gate.com/futures/USDT/VELVET_USDT) | 0.0188% | 4h | 41.17% | 2026-10-06 04:00 UTC |
| [BingX](https://arbtide.com/funding-rates/velvet/bingx) | [VELVET/USDT:USDT](https://bingx.com/en/perpetual/VELVET-USDT) | 0.0187% | 4h | 40.95% | — |
| [XT.COM](https://arbtide.com/funding-rates/velvet/xt) | [VELVET/USDT:USDT](https://www.xt.com/en/futures/trade/velvet_usdt) | 0.0129% | 4h | 28.30% | 2026-10-06 04:00 UTC |
| [Binance](https://arbtide.com/funding-rates/velvet/binance) | [VELVET/USDT:USDT](https://www.binance.com/en/futures/VELVETUSDT) | 0.0129% | 4h | 28.19% | 2026-10-06 04:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/velvet/toobit) | [VELVET/USDT:USDT](https://www.toobit.com/en-US/futures/VELVET-SWAP-USDT) | 0.0129% | 4h | 28.19% | 2026-10-06 04:00 UTC |
| [LBank](https://arbtide.com/funding-rates/velvet/lbank) | [VELVET/USDT:USDT](https://www.lbank.com/futures/velvetusdt) | 0.0117% | 4h | 25.52% | 2026-10-06 04:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/velvet/mexc) | [VELVET/USDT:USDT](https://www.mexc.com/futures/VELVET_USDT) | 0.0116% | 4h | 25.40% | 2026-10-06 04:00 UTC |
| [Extended](https://arbtide.com/funding-rates/velvet/extended) | [VELVET/USDC:USDC](https://app.extended.exchange/perp/VELVET-USD) | 0.0029% | 1h | 25.40% | 2026-10-06 02:00 UTC |
| [Aster](https://arbtide.com/funding-rates/velvet/aster) | [VELVET/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/VELVETUSDT) | 0.0091% | 4h | 19.94% | — |
| [Bitget](https://arbtide.com/funding-rates/velvet/bitget) | [VELVET/USDT:USDT](https://www.bitget.com/futures/usdt/VELVETUSDT) | 0.0050% | 4h | 10.95% | — |
| [KuCoin](https://arbtide.com/funding-rates/velvet/kucoin) | [VELVET/USDT:USDT](https://www.kucoin.com/trade/futures/VELVETUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-06 04:00 UTC |
| [HTX](https://arbtide.com/funding-rates/velvet/htx) | [VELVET/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=VELVET-USDT&contract_type=swap&type=cross) | 0.0050% | 4h | 10.95% | 2026-10-06 04:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/velvet/weex) | [VELVET/USDT:USDT](https://www.weex.com/futures/VELVET-USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 01:39 UTC |

## Frequently asked questions

### What is the VELVET funding rate on Gate?

0.0188% per 4h, or 0.0376% per 8 hours (41.17% APR), so longs pay shorts. The 7-day average is 0.0108% per 8 hours (11.79% APR).

### How often does Gate pay VELVET funding?

Every 4 hours. The next payment is at 2026-10-06 04:00 UTC.

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

Gate is the 2nd highest of 14 exchanges shown. The highest is Bybit at 0.0233% per 4h (51.00% APR) and the lowest is WEEX at 0.0050% per 4h (10.95% APR).

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

Long VELVET on WEEX and short on Gate for a gross spread of 0.0276% per 8 hours (30.22% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.