British Pound (GBP) Funding Rate History
British Pound (GBP) perpetual futures funding ranges from -1.70 bps on MEXC to 6.40 bps on TRADEXYZ across 4 reporting venues, a spread of 8.10 bps. The most extreme rate (70.08% APY annualized) is on TRADEXYZ. Currently funding signs are mixed: 2 positive, 1 negative.
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on GBP price.
GBP Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| TRADEXYZ | 6.40 bps | 70.08% APY | 2.40 bps | $157.09K |
| MEXC | -1.70 bps | -18.61% APY | 1.10 bps | $276.49K |
| VEST | 0.40 bps | 4.38% APY | 0.40 bps | $78.67K |
| QFEX | 0.00 bps | 0.00% APY | n/a | $2.68K |
Last updated 2026-05-19T09:12:29.913371Z (UTC).
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Related: GBP open interest, GBP volume, GBP perp market data.