Q: What is GBPUSD?
A: GBPUSD is the perpetual contract for Pound / US Dollar on Basis Points. It tracks the price of Pound / US Dollar with no expiry date, anchored via funding payments that settle every 24 hours at 22:00 UTC between long and short holders.
Q: How do I trade GBPUSD?
A: Open an account at basispoints.net, deposit USDT, and search for GBPUSD in the trading interface. Leverage up to 125× is available on major markets. All five asset classes share one cross-margin wallet.
Q: What is the funding rate on GBPUSD?
A: Funding on GBPUSD settles every 24 hours at 22:00 UTC between longs and shorts (aligned with the forex weekly session boundary). Positive funding means longs pay shorts (the perpetual is trading at a premium to the index); negative funding means shorts pay longs. The live rate is shown above.
Q: What are GBPUSD trading hours?
A: GBPUSD trades 24/5 — from Sunday 22:00 UTC open through Friday 22:00 UTC close. Forex markets are closed over the weekend; the platform shows "Market Closed" outside this window. Funding settles once a day at 22:00 UTC.