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GMT perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-10-15 04:09 UTC

GMT is quoted on 7 contracts. The highest funding rate is on Hyperliquid at +10.95% annualised, quoted per 1h, and the lowest is on Bybit at -24.21% — a gap of 35.16 points. Rate periods differ across these contracts, so each is converted to a simple annualised figure before comparison.

Highest rate now
+10.95%
Hyperliquid · 1h
Lowest rate now
-24.21%
Bybit · 8h
Spread
35.16
points
Highest 30d realised APR
+9.14%
Bybit

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
HyperliquidOn-chainGMT +0.0013%1h +10.95% —
no history yet
3x 99.3K
BitgetCentralisedGMTUSDT -0.0030%4h -6.57% +8.91%
Annualised · +8.91% · range -99.9% … +11.0% · 155 settlements
50x 256.9K
OKXCentralisedGMT-USDT-SWAP -0.0069%4h -15.12% +0.78%
Annualised · +0.78% · range -162.4% … +11.0% · 169 settlements
20x 722.5K
AsterOn-chainGMTUSDT -0.0083%4h -18.26% —
no history yet
10x 6.3K
GateCentralisedGMT_USDT -0.0199%8h -21.79% —
no history yet
50x 130.6K
BinanceCentralisedGMTUSDT -0.0104%4h -22.77% +8.58%
Annualised · +8.58% · range -68.8% … +11.0% · 160 settlements
50x 3.1M
BybitCentralisedGMTUSDT -0.0221%8h -24.21% +9.14%
Annualised · +9.14% · range -16.5% … +11.0% · 90 settlements
50x 1.4M

Common questions

Which exchanges list GMT perpetual futures?

GMT trades as 7 perpetual contracts across 7 venues: Aster, Binance, Bitget, Bybit, Gate, Hyperliquid and OKX. The busiest is Binance, with $3.1M of 24h turnover — 54% of the total.

Where is GMT funding cheapest right now?

For a long, the most favourable collected rate is -24.21% annualised on Bybit; for a short, it is +10.95% on Hyperliquid — a gap of 35.16 points. Venues disagree on direction: a long is paid on Bybit but pays on Hyperliquid.

How much funding does a 10,000 USDT GMT position pay per day?

At current rates a 10,000 USDT long pays about +3.00 USDT a day on Hyperliquid and -6.63 USDT on Bybit. Over the past 30 days Bybit actually settled an average of +2.50 USDT a day on the same position. A negative figure means the long is paid.

How often does GMT funding settle?

It depends on the venue: Hyperliquid every 1h; Aster, Binance, Bitget and OKX every 4h; Bybit and Gate every 8h.

What has GMT funding actually paid over the past 30 days?

The highest realised figure was on Bybit: +9.14% annualised across 90 settlements, 6% of them negative. The lowest was OKX, at +0.78%. 4 of the 7 contracts have at least a week of settled history to measure.

What is the highest leverage available on GMT?

The highest collected cap is 50x, on Binance, Bitget, Bybit and Gate. On Binance it applies up to 5K USDT of notional; above that the cap drops to 20x.

Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions

GMT comparison scope and payment direction

This page retains low-turnover GMT contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. These contracts quote in USD and USDT; check each specification for settlement currency and multiplier before comparing. Annualisation method · Official sources.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

Trading link disclosure

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

Hyperliquid · GMT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 16.6667% 3.00x —

Bitget · GMTUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.5000% 50.00x —
2 5000 – 10000 quote 2.0000% 25.00x —
3 10000 – 20000 quote 2.5000% 20.00x —
4 20000 – 30000 quote 5.0000% 10.00x —
5 30000 – 50000 quote 10.0000% 5.00x —
6 50000 – 250000 quote 12.5000% 4.00x —
7 250000 – 7500000 quote 30.0000% 2.00x —
8 7500000 – ∞ quote 60.0000% 1.00x —

OKX · GMT-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 1500000 base 2.0000% 20.00x —
2 1500001 – 3200000 base 3.0000% 15.00x —
3 3200001 – 4800000 base 4.0000% 12.50x —
4 4800001 – 6000000 base 4.5000% 11.76x —
5 6000001 – 7500000 base 5.0000% 11.11x —
6 7500001 – 9000000 base 5.5000% 10.52x —
7 9000001 – 10500000 base 6.0000% 10.00x —
8 10500001 – 12000000 base 6.5000% 9.52x —
9 12000001 – 13500000 base 7.0000% 9.09x —
10 13500001 – 15000000 base 7.5000% 8.69x —
11 15000001 – 16500000 base 8.0000% 8.33x —
12 16500001 – 18000000 base 8.5000% 8.00x —
13 18000001 – 19500000 base 9.0000% 7.69x —
14 19500001 – 21000000 base 9.5000% 7.40x —
15 21000001 – 22500000 base 10.0000% 7.14x —
16 22500001 – 24000000 base 10.5000% 6.89x —
17 24000001 – 25500000 base 11.0000% 6.66x —
18 25500001 – 27000000 base 11.5000% 6.45x —
19 27000001 – 28500000 base 12.0000% 6.25x —
20 28500001 – 30000000 base 12.5000% 6.06x —
21 30000001 – 31500000 base 13.0000% 5.88x —
22 31500001 – 33000000 base 13.5000% 5.71x —
23 33000001 – 34500000 base 14.0000% 5.55x —
24 34500001 – 36000000 base 14.5000% 5.40x —
25 36000001 – 37500000 base 15.0000% 5.26x —
26 37500001 – 39000000 base 15.5000% 5.12x —
27 39000001 – 40500000 base 16.0000% 5.00x —
28 40500001 – 42000000 base 16.5000% 4.87x —
29 42000001 – 43500000 base 17.0000% 4.76x —
30 43500001 – 45000000 base 17.5000% 4.65x —
31 45000001 – 46500000 base 18.0000% 4.54x —
32 46500001 – 48000000 base 18.5000% 4.44x —
33 48000001 – 49500000 base 19.0000% 4.34x —
34 49500001 – 51000000 base 19.5000% 4.25x —
35 51000001 – 52500000 base 20.0000% 4.16x —
36 52500001 – 54000000 base 20.5000% 4.08x —
37 54000001 – 55500000 base 21.0000% 4.00x —
38 55500001 – 57000000 base 21.5000% 3.92x —
39 57000001 – 58500000 base 22.0000% 3.84x —
40 58500001 – 60000000 base 22.5000% 3.77x —
41 60000001 – 61500000 base 23.0000% 3.70x —
42 61500001 – 63000000 base 23.5000% 3.63x —
43 63000001 – 64500000 base 24.0000% 3.57x —
44 64500001 – 66000000 base 24.5000% 3.50x —
45 66000001 – 67500000 base 25.0000% 3.44x —
46 67500001 – 69000000 base 25.5000% 3.38x —
47 69000001 – 70500000 base 26.0000% 3.33x —
48 70500001 – 72000000 base 26.5000% 3.27x —
49 72000001 – 73500000 base 27.0000% 3.22x —
50 73500001 – 75000000 base 27.5000% 3.17x —
51 75000001 – 76500000 base 28.0000% 3.12x —
52 76500001 – 78000000 base 28.5000% 3.07x —
53 78000001 – 79500000 base 29.0000% 3.03x —
54 79500001 – 81000000 base 29.5000% 2.98x —
55 81000001 – 82500000 base 30.0000% 2.94x —
56 82500001 – 84000000 base 30.5000% 2.89x —
57 84000001 – 85500000 base 31.0000% 2.85x —
58 85500001 – 87000000 base 31.5000% 2.81x —
59 87000001 – 88500000 base 32.0000% 2.77x —
60 88500001 – 90000000 base 32.5000% 2.73x —
61 90000001 – 91500000 base 33.0000% 2.70x —
62 91500001 – 93000000 base 33.5000% 2.66x —
63 93000001 – 94500000 base 34.0000% 2.63x —
64 94500001 – 96000000 base 34.5000% 2.59x —
65 96000001 – 97500000 base 35.0000% 2.56x —
66 97500001 – 99000000 base 35.5000% 2.53x —
67 99000001 – 100500000 base 36.0000% 2.50x —
68 100500001 – 102000000 base 36.5000% 2.46x —
69 102000001 – 103500000 base 37.0000% 2.43x —
70 103500001 – 105000000 base 37.5000% 2.40x —
71 105000001 – 106500000 base 38.0000% 2.38x —
72 106500001 – 108000000 base 38.5000% 2.35x —
73 108000001 – 109500000 base 39.0000% 2.32x —
74 109500001 – 111000000 base 39.5000% 2.29x —
75 111000001 – 112500000 base 40.0000% 2.27x —
76 112500001 – 114000000 base 40.5000% 2.24x —
77 114000001 – 115500000 base 41.0000% 2.22x —
78 115500001 – 117000000 base 41.5000% 2.19x —
79 117000001 – 118500000 base 42.0000% 2.17x —
80 118500001 – 120000000 base 42.5000% 2.15x —
81 120000001 – 121500000 base 43.0000% 2.12x —
82 121500001 – 123000000 base 43.5000% 2.10x —
83 123000001 – 124500000 base 44.0000% 2.08x —
84 124500001 – 126000000 base 44.5000% 2.06x —
85 126000001 – 127500000 base 45.0000% 2.04x —
86 127500001 – 129000000 base 45.5000% 2.02x —
87 129000001 – 130500000 base 46.0000% 2.00x —

Aster · GMTUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 500000 quote 5.0000% 10.00x —
2 500000 – 1000000 quote 10.0000% 5.00x 25000
3 1000000 – 2500000 quote 12.5000% 4.00x 50000
4 2500000 – 5000000 quote 16.6700% 3.00x 154250
5 5000000 – 10000000 quote 25.0000% 2.00x 570750
6 10000000 – 1000000000 quote 50.0000% 1.00x 3070750

Gate · GMT_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.0000% 50.00x —
2 5000 – 10000 quote 2.0000% 25.00x 50
3 10000 – 20000 quote 3.5000% 14.00x 200
4 20000 – 30000 quote 5.0000% 10.00x 500
5 30000 – 50000 quote 6.0000% 8.00x 800
6 50000 – 75000 quote 7.5000% 6.00x 1550
7 75000 – 100000 quote 9.0000% 5.00x 2675
8 100000 – 140000 quote 20.0000% 2.50x 13675
9 140000 – 200000 quote 85.0000% 1.05x 104675
10 200000 – ∞ quote 95.0000% 1.00x 124675

Binance · GMTUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.5000% 50.00x —
2 5000 – 10000 quote 2.5000% 20.00x 50
3 10000 – 20000 quote 5.0000% 10.00x 300
4 20000 – 50000 quote 10.0000% 5.00x 1300
5 50000 – 250000 quote 12.5000% 4.00x 2550
6 250000 – 500000 quote 16.6700% 3.00x 12975
7 500000 – 7500000 quote 25.0000% 2.00x 54625
8 7500000 – 12500000 quote 50.0000% 1.00x 1929625

Bybit · GMTUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.5000% 50.00x —
2 5000 – 10000 quote 2.0000% 25.00x 25
3 10000 – 11000 quote 2.0800% 24.00x 33
4 11000 – 12000 quote 2.1700% 23.00x 42.9
5 12000 – 13000 quote 2.2700% 22.00x 54.9
6 13000 – 14000 quote 2.3800% 21.00x 69.2
7 14000 – 15000 quote 2.5000% 20.00x 86
8 15000 – 20000 quote 2.6300% 19.00x 105.5
9 20000 – 25000 quote 2.7800% 18.00x 135.5
10 25000 – 30000 quote 2.9400% 17.00x 175.5
11 30000 – 35000 quote 3.1300% 16.00x 232.5
12 35000 – 40000 quote 3.3300% 15.00x 302.5
13 40000 – 45000 quote 3.5700% 14.00x 398.5
14 45000 – 50000 quote 3.8500% 13.00x 524.5
15 50000 – 55000 quote 4.1700% 12.00x 684.5
16 55000 – 60000 quote 4.5500% 11.00x 893.5
17 60000 – 65000 quote 5.0000% 10.00x 1163.5
18 65000 – 75000 quote 5.5600% 9.00x 1527.5
19 75000 – 85000 quote 6.2500% 8.00x 2045
20 85000 – 95000 quote 7.1400% 7.00x 2801.5
21 95000 – 105000 quote 8.3300% 6.00x 3932
22 105000 – 120000 quote 10.0000% 5.00x 5685.5
23 120000 – 160000 quote 11.1100% 4.50x 7017.5
24 160000 – 200000 quote 12.5000% 4.00x 9241.5
25 200000 – 350000 quote 14.2900% 3.50x 12821.5
26 350000 – 500000 quote 16.6700% 3.00x 21151.5
27 500000 – 750000 quote 20.0000% 2.50x 37801.5
28 750000 – 1250000 quote 25.0000% 2.00x 75301.5
29 1250000 – 2500000 quote 33.3300% 1.50x 179426.5
30 2500000 – ∞ quote 50.0000% 1.00x 596176.5