BIRB Funding Rate History — Settled Payments by Exchange
Moonbirds
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 720 | +17.1816% | +209.19% | +0.0927% | -0.0799% | 2026-09-30 15:00 UTC | |
| 180 | +2.6073% | +31.74% | +0.2104% | -0.1003% | 2026-09-30 12:00 UTC | |
| 180 | +1.6462% | +20.04% | +0.2204% | -0.1357% | 2026-09-30 12:00 UTC | |
| 180 | +1.6310% | +19.86% | +0.2212% | -0.1350% | 2026-09-30 12:00 UTC | |
| 180 | +1.5090% | +18.37% | +0.1217% | -0.0181% | 2026-09-30 12:00 UTC | |
| 180 | +1.2157% | +14.80% | +0.1253% | -0.1897% | 2026-09-30 12:00 UTC | |
| 180 | +0.9748% | +11.87% | +0.1920% | -0.1708% | 2026-09-30 12:00 UTC | |
| 180 | +0.6265% | +7.63% | +0.0098% | -0.0962% | 2026-09-30 12:00 UTC | |
| 180 | +0.5731% | +6.98% | +0.0172% | -0.2015% | 2026-09-30 12:00 UTC | |
| 180 | +0.5600% | +6.82% | +0.0111% | -0.2091% | 2026-09-30 12:00 UTC | |
| 180 | +0.5547% | +6.75% | +0.0155% | -0.1960% | 2026-09-30 12:00 UTC | |
| 180 | +0.5493% | +6.69% | +0.0150% | -0.1991% | 2026-09-30 12:00 UTC | |
| 180 | +0.5450% | +6.64% | +0.0150% | -0.2024% | 2026-09-30 12:00 UTC | |
| 343 | +0.0783% | +0.50% | +0.0584% | -0.1836% | 2026-09-30 12:00 UTC |
What the BIRB funding rate means
What BIRB (Moonbirds) actually paid over the last 30 days: 3,223 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 +17.1816% 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 92% of the 3,223 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +17.1816% on Crypto.com to +0.0783% 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 BIRB 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 92% of the 3,223 settlements recorded here.
- Which exchange has paid the most settled BIRB funding recently?
- Crypto.com paid the most over the last 30 days at +17.1816% of position size across 720 settlements, an average annualized rate of +209.19%. This is a sum of actual payments, not a forecast.
- How often is BIRB funding actually paid?
- Over the last 30 days, ORBIT recorded 3,223 funding settlements for BIRB 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.