GBPUSD funding rates and arbitrage
Updated 2026-10-29 14:17 UTC
Best GBPUSD arbitrage after every cost
No GBPUSD 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.
GBPUSD funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| BingX | NCFXGBP2USD-USDT | 0.0040% | 8 h | +4.4% | −3.6% | $915.1K | 2026-10-29 16:00 |
| Lighter | GBPUSD | 0.0000% | 1 h | 0.0% | 0.0% | $146.2K | 2026-10-29 15:00 |
| HTX | GBPUSD-USDT | 0.0000% | 1 h | 0.0% | 0.0% | $5.1K | 2026-10-29 15:00 |
| Bybit | GBPUSDUSDT | 0.0000% | 8 h | 0.0% | 0.0% | $409.9K | 2026-10-29 16:00 |
| Gate | GBPUSD_USDT | 0.0000% | 8 h | 0.0% | 0.0% | $98.1K | 2026-10-29 16:00 |
| Bitget | GBPUSDUSDT | -0.0246% | 8 h | −26.9% | −26.1% | $137.6K | 2026-10-29 16:00 |
| Nado | GBPUSD-PERP_USDT0 | -0.0833% | 1 h | −730.0% | — | $3.3K | 2026-10-29 15:00 |
Cost to enter $10,000 of GBPUSD
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter | GBPUSD | 1.3 bp | top of book only |
| Bybit | GBPUSDUSDT | 3.2 bp | top of book only |
| BingX | NCFXGBP2USD-USDT | 5.0 bp | top of book only |
| Bitget | GBPUSDUSDT | 7.9 bp | top of book only |
| Gate | GBPUSD_USDT | 8.6 bp | top of book only |
| HTX | GBPUSD-USDT | 49.1 bp * | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is GBPUSD funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no GBPUSD 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 GBPUSD funding rate?
BingX at +4.4% a year (0.0040% every 8 h); the lowest is Nado at −730.0%. 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.