GMX funding rates

GMX perpetual funding is currently quoted across 5 venues, ranging from -41.2% to +10.9% APR. The most reliable delta-neutral pairing for GMX right now is long Variational / short Hyperliquid at +20.2% net APR (low risk, ~6.3d to break even).

as of 2026-06-12 17:11 UTC
Best delta-neutral pairing
Long Variational / Short Hyperliquid
+20.2% net APR
Backtested (30d)
-11.9%
Stability
44.9%
Risk
low
Breakeven
~6.3d

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

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GMX funding by exchange

ExchangeFunding APR
dYdX+10.95%
Lighter+10.51%
Hyperliquid+8.41%
Variational-31.55%
Kraken-41.20%

Frequently asked

What is the GMX funding rate right now?

GMX perpetual funding ranges from -41.20% to 10.95% APR across 5 exchanges we track; the widest delta-neutral spread is long Variational / short Hyperliquid at 20.2% net APR.

Which exchange has the highest GMX funding rate?

dYdX currently has the highest at 10.95% APR. See the full ranking above.