GMX funding rates and position payments
Funding is a payment between long and short holders of a perpetual contract. At a positive rate, longs pay shorts. At a negative rate, shorts pay longs.
MSK
Exchanges with current rates
9
Range normalized to 8 hours
-0.0064% → +0.0100%
Where the selected side receives funding
Long: 3 of 9
Calculate one funding payment
The full position value in USD. For a leveraged position, this is collateral multiplied by leverage.
Long on Bybit · GMXUSDT
Receives 0.64 USD equivalent
10 000.00 USD × -0.0064% per 8 h
One settlement calculated from the displayed rate and position notional. Trading fees and profit or loss from price changes are calculated separately.
Compare current funding rates
Rows are ordered by the payment to the selected side over the same eight hours. The original rate and single payment apply to each contract’s own interval.
| Exchange / contract | Rate per interval | 8-hour equivalent | One paymentUSD equivalentLong · 10 000.00 USD | Next settlement |
|---|---|---|---|---|
|
Bybit
GMXUSDT
Rate as of MSK
Open interest: 621 419 USD 24-hour volume: 377 957 USD |
-0.0064% per 8 h | -0.0064% | Receives 0.64 USD | MSK |
|
Binance
GMXUSDT
Rate as of MSK
24-hour volume: 2 555 330 USD |
-0.0003% per 8 h | -0.0003% | Receives 0.03 USD | MSK |
|
MEXC
GMX_USDT
Rate as of MSK
24-hour volume: 194 818 USD |
-0.0002% per 8 h | -0.0002% | Receives 0.02 USD | — |
|
OKX
GMX-USDT-SWAP
Rate as of MSK
Open exchange ↗ |
+0.0045% per 8 h | +0.0045% | Pays 0.45 USD | MSK |
|
BingX
GMX-USDT
Rate as of MSK
Open exchange ↗ |
+0.0100% per 8 h | +0.0100% | Pays 1.00 USD | MSK |
|
Bitget
GMXUSDT
Rate as of MSK
Open interest: 424 058 USD 24-hour volume: 142 900 USD |
+0.0100% per 8 h | +0.0100% | Pays 1.00 USD | — |
|
Gate.io
GMX_USDT
Rate as of MSK
Open exchange ↗ |
+0.0100% per 8 h | +0.0100% | Pays 1.00 USD | MSK |
|
Hyperliquid
GMX
Rate as of MSK
Open interest: 954 378 USD 24-hour volume: 727 796 USD |
+0.0013% per 1 h | +0.0100% | Pays 0.13 USD | — |
|
KuCoin
GMXUSDTM
Rate as of MSK
24-hour volume: 18 656 USD |
+0.0100% per 8 h | +0.0100% | Pays 1.00 USD | MSK |
Latest completed settlements
These payments have already settled. They are separate from the current-rate comparison.
| Exchange / contract | Rate per interval | One paymentUSD equivalentLong · 10 000.00 USD | Settlement time |
|---|---|---|---|
|
Lighter
GMX-USD
Rate as of MSK
24-hour volume: 1 135 USD |
+0.0012% per 1 h | Pays 0.12 USD | MSK |
Completed settlements over 24 hours and 7 days
The sum of published settlement rates for each contract. Payment amounts are USD equivalents for a constant 10 000.00 USD notional and the selected direction.
Lighter
24 hours
+0.0288%
Pays 2.88 USD
24 settlements
17.10.2026 23:00 — 18.10.2026 22:00 MSK
7 days
+0.2016%
Pays 20.16 USD
168 settlements
11.10.2026 23:00 — 18.10.2026 22:00 MSK
How rates and payments are calculated
The 8-hour equivalent is the rate per interval × 8 ÷ interval hours. It makes different intervals comparable. One payment is position notional × the original rate. The annualized equivalent in the history is a linear conversion of the rate to one year.
GMX funding questions
Who receives funding when the GMX rate is positive?
At a positive rate, long holders pay short holders. At a negative rate, the direction reverses. The payment depends on the position notional and the rate of the specific contract.
Should I multiply the payment by leverage again?
No, if the calculator already contains the full position notional. Leverage is used once: position notional equals collateral multiplied by leverage.