GMT funding rates

GMT perpetual funding is currently quoted across 4 venues, ranging from -16.2% to +26.6% APR. The most reliable delta-neutral pairing for GMT right now is long Hyperliquid / short Kraken at +5.9% net APR (high risk, ~3.1d to break even).

as of 2026-07-29 10:38 UTC
Best delta-neutral pairing
Long Hyperliquid / Short Kraken
+5.9% net APR
Backtested (30d)
+79.2%
Stability
65.9%
Risk
high
Breakeven
~3.1d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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GMT funding by exchange

ExchangeFunding APR
Kraken+26.58%
Variational-11.31%
Hyperliquid-14.31%
Aster-16.21%

Frequently asked

What is the GMT funding rate right now?

GMT perpetual funding ranges from -16.21% to 26.58% APR across 4 exchanges we track; the widest delta-neutral spread is long Hyperliquid / short Kraken at 5.9% net APR.

Which exchange has the highest GMT funding rate?

Kraken currently has the highest at 26.58% APR. See the full ranking above.