GBP funding rates and arbitrage
Updated 2026-10-29 22:36 UTC
Best GBP arbitrage after every cost
No GBP pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
GBP funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| MEXC | GBP_USDT | 0.0200% | 4 h | +43.8% | +8.2% | $21.1M | 2026-10-30 00:00 |
| LBank | GBPUSDT | 0.0200% | 4 h | +43.8% | — | — | 2026-10-30 00:00 |
| Hibachi | GBP/USDT-P | 0.0044% | 1 h | +38.5% | +77.5% | $24K | 2026-10-29 23:00 |
| Kraken | PF_GBPUSD | 0.0000% | 1 h | 0.0% | 0.0% | $992 | 2026-10-29 23:00 |
| Hyperliquid | xyz:GBP | 0.0000% | 1 h | 0.0% | −5.2% | $453.2K | 2026-10-29 23:00 |
| Bitfinex | tGBPF0:USTF0 | -0.2118% | 8 h | −231.9% | — | $1.6K | 2026-10-30 00:00 |
Cost to enter $10,000 of GBP
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Hyperliquid | xyz:GBP | 2.3 bp | top of book only |
| MEXC | GBP_USDT | 5.1 bp | top of book only |
| Kraken | PF_GBPUSD | 2064.4 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
Questions
Is GBP funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no GBP pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest GBP funding rate?
MEXC at +43.8% a year (0.0200% every 4 h); the lowest is Bitfinex at −231.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.