G funding rate by exchange
8h equivalent · hover a rate for the exact APR| Market | Funding 8h | APR | Who pays | Open interest | OI share | 24h volume | Price | Trade |
|---|---|---|---|---|---|---|---|---|
| Binance GUSDT | -0.0463% | -51% | Shorts pay | $5.39M | 52.9% | $6.07M | 0.005468 | Trade |
| Mexc G_USDT | -0.0458% | -50% | Shorts pay | $2.47M | 24.2% | $342K | 0.005471 | Trade |
| Kucoin GUSDTM | -0.0540% | -59% | Shorts pay | $1.35M | 13.3% | $82K | 0.005459 | Trade |
| Bitget GUSDT | -0.0890% | -97% | Shorts pay | $977K | 9.6% | $667K | 0.005467 | Trade |
Sorted by open interest. Exchanges settle funding every 1, 4 or 8 hours; every rate here is converted to 8 hours. Trade links go to the exchange and may be referral links. Compare every coin on the funding rates page.
About the G funding rate
What is the G funding rate?
G perpetual futures never expire, so exchanges keep their price near spot with funding: a periodic payment between longs and shorts. When the perp trades above spot, the rate is positive and longs pay shorts; below spot it turns negative and shorts pay longs. The payment is a percentage of position size, charged every 1, 4 or 8 hours depending on the exchange.
How to read it
Binance and Bybit's default rate when the perp is in line with spot is 0.0100% per 8h (about 11% APR). Well above that means leveraged longs are paying up to hold G; negative means shorts are crowded. The APR column shows what holding a position costs or earns over a year at today's rate. A wide spread between exchanges is what funding arbitrage traders look for.
Why do exchanges show different rates?
Each exchange computes funding from its own order book and premium, so the G rate differs by venue, and intervals differ too. Volume Monitor converts every rate to an 8-hour equivalent and weights the headline figure by open interest. Rates update every few seconds from the exchanges' public feeds.