BILL Funding Rate History — Settled Payments by Exchange
Billions Network
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 720 | +10.6904% | +130.16% | +0.2875% | -0.0400% | 2026-09-30 14:00 UTC | |
| 180 | +2.3621% | +28.76% | +0.0805% | +0.0050% | 2026-09-30 12:00 UTC | |
| 180 | +2.2065% | +26.86% | +0.0776% | +0.0050% | 2026-09-30 12:00 UTC | |
| 720 | +2.1572% | +26.26% | +0.0305% | -0.0168% | 2026-09-30 14:00 UTC | |
| 180 | +1.9258% | +23.45% | +0.0634% | +0.0050% | 2026-09-30 12:00 UTC | |
| 180 | +1.9103% | +23.26% | +0.0818% | +0.0050% | 2026-09-30 12:00 UTC | |
| 180 | +1.4125% | +17.20% | +0.0400% | +0.0050% | 2026-09-30 12:00 UTC | |
| 720 | +1.3717% | +16.70% | +0.0081% | +0.0000% | 2026-09-30 14:00 UTC | |
| 180 | +1.3596% | +16.55% | +0.0324% | +0.0050% | 2026-09-30 12:00 UTC | |
| 180 | +1.3594% | +16.55% | +0.0324% | +0.0050% | 2026-09-30 12:00 UTC | |
| 180 | +1.3588% | +16.54% | +0.0331% | +0.0050% | 2026-09-30 12:00 UTC | |
| 180 | +1.3576% | +16.53% | +0.0327% | +0.0050% | 2026-09-30 12:00 UTC | |
| 180 | +1.3559% | +16.51% | +0.0322% | +0.0050% | 2026-09-30 12:00 UTC | |
| 180 | +1.3444% | +16.37% | +0.0378% | +0.0050% | 2026-09-30 12:00 UTC | |
| 180 | +1.3399% | +16.31% | +0.0324% | -0.0110% | 2026-09-30 12:00 UTC | |
| 180 | +1.1084% | +13.49% | +0.0368% | +0.0050% | 2026-09-30 12:00 UTC | |
| 391 | +1.0284% | +5.76% | +0.0199% | +0.0013% | 2026-09-30 12:00 UTC | |
| 180 | +1.0053% | +12.24% | +0.0611% | -0.0122% | 2026-09-30 12:00 UTC | |
| 180 | +0.9853% | +12.00% | +0.0604% | -0.0102% | 2026-09-30 12:00 UTC |
What the BILL funding rate means
What BILL (Billions Network) actually paid over the last 30 days: 5,251 settlements across 19 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. Coinbase International paid the most over the window at +10.6904% 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 5,251 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +10.6904% on Coinbase International to +0.9853% on BloFin — 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 BILL 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 5,251 settlements recorded here.
- Which exchange has paid the most settled BILL funding recently?
- Coinbase International paid the most over the last 30 days at +10.6904% of position size across 720 settlements, an average annualized rate of +130.16%. This is a sum of actual payments, not a forecast.
- How often is BILL funding actually paid?
- Over the last 30 days, ORBIT recorded 5,251 funding settlements for BILL across 19 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.