GMX perpetual futures
GMX perpetual contracts on 8 reviewed venues.
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Funding rates
Annualized rates across exchanges
BybitCEX
OKXCEX
BitgetCEX
Gate.ioCEX
BingXCEX
KuCoinCEX
HyperliquidDEX
Open interest
Per-exchange open interest
HyperliquidBybitBitgetOKXKuCoinGate.ioWhat the GMX data shows
7 of 11 venues quote the same GMX funding rate, +10.95% a year. The exceptions are Lighter at +10.51%, Binance at +7.94%, MEXC at +7.88%, and 1 more.
Hyperliquid quoted GMX at $8.07 and Gate.io at $8.04, a gap of 35.8 bps.
No venue holds half of the $2.9m in reported GMX open interest. Hyperliquid has the largest share, 35.1%, and Bybit is next with 25.7%.
The GMX settlement periods differ: 9 venues settle every 8 hours; Hyperliquid and Lighter settle every hour.
- Source: public APIs of 11 venues for GMX, read at October 3, 2026, 11:59 UTC.
Where to Trade GMX Perpetual Futures
Fees and leverage limits apply venue-wide; confirm GMX limits with the venue.
GMX market overview
GMX is a decentralized perpetual futures and spot exchange on Arbitrum and Avalanche, known for its GLP/GM liquidity model. GMX perpetual futures are available on centralized exchanges. GMX perps offer direct exposure to one of the most successful DEX derivatives platforms, with token value linked to platform fee revenue distributed to stakers.
The GMX token belongs to the GMX perp DEX, where protocol trading fees have funded staker rewards — the mechanism moved from direct fee share to buyback-and-distribute, and its schedule is governance-set rather than fixed.
That still makes the token a claim on derivatives activity, but verify the current distribution terms before treating it as a yield position.
Frequently Asked Questions — GMX
What funding data is available for GMX?
11 venues report a GMX funding rate in this read.
An annualized GMX rate extrapolates one reading and does not predict a return.
What open interest data is available for GMX?
8 venues report positive GMX open interest in this read.
The GMX total leaves out venues outside the read.
Which mapped venue has the lowest recorded GMX taker fee?
DESK lists 0.017% and SynFutures lists 0.020%, the two lowest of 7 mapped GMX maker/taker schedules.
1 GMX venue charges a position fee and is not compared.
Category: DeFi