BASED Funding Rate History — Settled Payments by Exchange
Based
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | +1.6107% | +19.61% | +0.0255% | +0.0033% | 2026-09-23 16:00 UTC | |
| 180 | +1.4637% | +17.82% | +0.0198% | +0.0050% | 2026-09-23 16:00 UTC | |
| 483 | +1.2341% | +5.60% | +0.0323% | +0.0007% | 2026-09-23 16:00 UTC | |
| 180 | +1.2237% | +14.90% | +0.0408% | -0.0278% | 2026-09-23 16:00 UTC | |
| 180 | +1.1191% | +13.63% | +0.0269% | +0.0020% | 2026-09-23 16:00 UTC | |
| 180 | +1.1089% | +13.50% | +0.0296% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +1.0749% | +13.09% | +0.0318% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +1.0199% | +12.42% | +0.0274% | +0.0050% | 2026-09-23 16:00 UTC | |
| 720 | +0.9647% | +11.75% | +0.0050% | +0.0013% | 2026-09-23 18:00 UTC | |
| 180 | +0.9430% | +11.48% | +0.0241% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +0.9389% | +11.43% | +0.0198% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +0.9389% | +11.43% | +0.0198% | +0.0050% | 2026-09-23 16:03 UTC | |
| 180 | +0.9385% | +11.43% | +0.0186% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +0.9384% | +11.43% | +0.0194% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +0.9384% | +11.42% | +0.0198% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +0.8893% | +10.83% | +0.0050% | -0.0037% | 2026-09-23 16:00 UTC |
What the BASED funding rate means
What BASED (Based) actually paid over the last 30 days: 4,083 settlements across 18 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. WOOFi Pro paid the most over the window at +1.6107% 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 97% of the 4,083 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +1.6107% on WOOFi Pro to +0.8893% on Bybit — 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 BASED 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 97% of the 4,083 settlements recorded here.
- Which exchange has paid the most settled BASED funding recently?
- WOOFi Pro paid the most over the last 30 days at +1.6107% of position size across 180 settlements, an average annualized rate of +19.61%. This is a sum of actual payments, not a forecast.
- How often is BASED funding actually paid?
- Over the last 30 days, ORBIT recorded 4,083 funding settlements for BASED across 18 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.