BNC Funding Rate History — Settled Payments by Exchange
Bifrost
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Hotcoin | 90 | +7.4228% | +90.37% | +2.0000% | -0.2078% | 2026-10-01 00:00 UTC |
 Bitunix | 90 | +7.1477% | +87.02% | +2.0000% | -0.2239% | 2026-10-01 00:00 UTC |
 Toobit | 90 | +7.1183% | +86.66% | +2.0000% | -0.2078% | 2026-10-01 00:00 UTC |
 WEEX | 90 | +7.0092% | +85.34% | +1.8980% | -0.1978% | 2026-10-01 00:00 UTC |
 Bybit | 90 | +6.1586% | +74.98% | +2.0000% | -0.1560% | 2026-10-01 00:00 UTC |
 HTX | 90 | +4.2884% | +52.21% | +2.0000% | -0.0185% | 2026-10-01 00:00 UTC |
 Bitget | 90 | +2.1754% | +26.49% | +0.5107% | -0.1352% | 2026-10-01 00:00 UTC |
 KuCoin | 66 | +1.5550% | +25.82% | +0.2729% | -0.0215% | 2026-10-01 00:00 UTC |
 Aster | 38 | +0.8851% | +25.52% | +0.4398% | -0.0967% | 2026-10-01 00:00 UTC |
 QFEX | 379 | -0.0418% | -0.97% | +0.0170% | -0.0270% | 2026-10-01 04:00 UTC |
What the BNC funding rate means
What BNC (Bifrost) actually paid over the last 30 days: 1,113 settlements across 10 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. Hotcoin paid the most over the window at +7.4228% 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 48% of the 1,113 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +7.4228% on Hotcoin to -0.0418% on QFEX — 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 BNC 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 48% of the 1,113 settlements recorded here.
- Which exchange has paid the most settled BNC funding recently?
- Hotcoin paid the most over the last 30 days at +7.4228% of position size across 90 settlements, an average annualized rate of +90.37%. This is a sum of actual payments, not a forecast.
- How often is BNC funding actually paid?
- Over the last 30 days, ORBIT recorded 1,113 funding settlements for BNC across 10 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.