ARPA Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 720 | +13.2048% | +160.77% | +0.1476% | -0.1491% | 2026-09-30 14:00 UTC | |
| 90 | +1.0660% | +12.98% | +0.1075% | -0.0448% | 2026-09-30 08:00 UTC | |
| 90 | +0.9000% | +10.96% | +0.0100% | +0.0100% | 2026-09-30 08:00 UTC | |
| 90 | +0.9000% | +10.96% | +0.0100% | +0.0100% | 2026-09-30 08:00 UTC | |
| 90 | +0.8838% | +10.76% | +0.0129% | +0.0029% | 2026-09-30 08:00 UTC | |
| 90 | +0.8824% | +10.74% | +0.0100% | +0.0046% | 2026-09-30 08:00 UTC | |
| 90 | +0.8805% | +10.72% | +0.0100% | +0.0031% | 2026-09-30 08:00 UTC | |
| 90 | +0.8804% | +10.72% | +0.0100% | +0.0031% | 2026-09-30 08:00 UTC | |
| 90 | +0.8804% | +10.72% | +0.0100% | +0.0031% | 2026-09-30 08:00 UTC | |
| 90 | +0.8801% | +10.72% | +0.0100% | +0.0034% | 2026-09-30 08:00 UTC | |
| 90 | +0.8783% | +10.69% | +0.0704% | -0.0471% | 2026-09-30 08:00 UTC | |
| 90 | +0.8777% | +10.69% | +0.0100% | +0.0017% | 2026-09-30 08:00 UTC | |
| 90 | +0.7511% | +9.14% | +0.0100% | -0.0217% | 2026-09-30 08:00 UTC | |
| 281 | +0.7326% | +2.86% | +0.0100% | -0.0094% | 2026-09-30 08:00 UTC |
What the ARPA funding rate means
What ARPA actually paid over the last 30 days: 2,081 settlements across 14 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. Crypto.com paid the most over the window at +13.2048% of position size.
A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 90% of the 2,081 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +13.2048% on Crypto.com to +0.7326% on Aster — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.
Frequently asked questions
- Is the ARPA funding rate a live quote or an actual payment?
- A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 90% of the 2,081 settlements recorded here.
- Which exchange has paid the most settled ARPA funding recently?
- Crypto.com paid the most over the last 30 days at +13.2048% of position size across 720 settlements, an average annualized rate of +160.77%. This is a sum of actual payments, not a forecast.
- How often is ARPA funding actually paid?
- Over the last 30 days, ORBIT recorded 2,081 funding settlements for ARPA across 14 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.