GPS-USDT funding rate today on 5 exchanges

Do longs or shorts pay GPS funding right now?

Longs pay shorts on all 5 exchanges. The next GPS funding rate is positive everywhere, from +0.0050% on Binance to +0.0054% on Gate.

On Binance the rate has been positive for 35 settlements in a row, so this is a lasting cost for longs rather than a one-off spike.

Is the GPS funding rate high right now?

Not unusually. At the last settlement on Binance the rate was +0.0050%, close to its typical size of 0.0050% per settlement over the past 30 days.

Is the GPS perpetual trading above or below spot?

Below. On the 5 exchanges that publish an index price, the GPS perpetual's mark price is 0.0975% to 0.3874% below the spot index. Exchanges combine this discount with a small interest component to set the next funding rate, so a lasting discount pulls funding down, although many contracts stay at the default +0.0100% until the discount is large.

Which exchange was cheapest for holding GPS over the last 90 days?

Over the last 90 days a $10,000 long paid $99.08 in funding on Bybit, the cheapest of 5 exchanges, and paid $245.10 on Binance, the most expensive: a difference of $146.02.

The ranking runs the other way for shorts: a $10,000 short received $245.10 on Binance, the best exchange for a short.

Bybit was also the cheapest for longs over the last 7 and 30 days, so the ranking has held.

Which exchange has the most GPS perpetual trading volume?

Binance has the most: 73.5% of the $3.4M in GPS perpetual futures traded across these exchanges in the last 24 hours, followed by Bybit with 10.4%.

Open interest adds up to $2.4M on the exchanges that report it, the largest share on Bybit (37.0%).

When is the next GPS funding payment?

Binance, OKX, Bybit and Bitget: every 4 hours, next at 2026-10-21 04:00 UTC.

Gate: every 8 hours, next at 2026-10-21 08:00 UTC.

Only positions that are open at the settlement time pay or receive funding.

What was the highest GPS funding rate in the last 30 days?

The highest settled rate was +0.0290% on Bitget (2026-09-27 00:00 UTC); the lowest was -0.0351% on Bybit (2026-09-24 20:00 UTC).

On Binance the rate switched between positive and negative 4 times over the 30 days.

How much has GPS funding cost over the past 30 days?

At the funding rates each exchange published, holding a $10,000 long for the past 30 days would have cost $25.13 on Bybit, the least, and $100.74 on Bitget, the most.

Over the past 90 days it would have cost $99.08 on Bybit, the least, and $245.10 on Binance, the most.