BRENT Funding Rate History β Settled Payments by Exchange
Crude Oil (Brent)
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | -0.0039% | -0.05% | +0.0000% | -0.0039% | 2026-11-13 20:00 UTC | |
| 720 | -0.0881% | -1.07% | +0.0102% | -0.0212% | 2026-11-13 21:00 UTC | |
| 180 | -0.1687% | -2.05% | +0.0252% | -0.1569% | 2026-11-13 20:00 UTC | |
| 90 | -0.5001% | -6.09% | +0.0100% | -0.1847% | 2026-11-13 16:00 UTC | |
| 180 | -0.6674% | -8.13% | +0.1503% | -0.1767% | 2026-11-13 20:00 UTC | |
| 92 | -0.7006% | -8.34% | +0.0098% | -0.1284% | 2026-11-13 16:00 UTC | |
| 720 | -0.8030% | -9.78% | +0.0262% | -0.0332% | 2026-11-13 21:00 UTC | |
| 158 | -0.8924% | -49.51% | +0.0256% | -0.0412% | 2026-11-13 21:00 UTC | |
| 720 | -1.5419% | -18.77% | +0.0350% | -0.0320% | 2026-11-13 21:00 UTC | |
| 365 | -1.9332% | -46.43% | +0.0040% | -0.0330% | 2026-11-13 21:00 UTC | |
| 180 | -2.0072% | -24.44% | +0.0110% | -0.1769% | 2026-11-13 20:00 UTC | |
| 720 | -2.1137% | -25.73% | +0.0392% | -0.0462% | 2026-11-13 21:00 UTC | |
| 720 | -2.1288% | -25.92% | +0.0273% | -0.0362% | 2026-11-13 21:00 UTC | |
| 90 | -2.5619% | -31.19% | +0.0000% | -0.1566% | 2026-11-13 16:00 UTC | |
| 180 | -2.5631% | -31.21% | +0.0104% | -0.1701% | 2026-11-13 20:00 UTC | |
| 180 | -2.5781% | -31.39% | +0.0001% | -0.1613% | 2026-11-13 20:00 UTC | |
| 180 | -2.8284% | -34.44% | +0.0084% | -0.1832% | 2026-11-13 20:00 UTC | |
| 180 | -2.8493% | -34.69% | +0.0000% | -0.1777% | 2026-11-13 20:00 UTC | |
| 180 | -2.8608% | -34.83% | +0.0044% | -0.1767% | 2026-11-13 20:00 UTC | |
| 180 | -2.8721% | -34.97% | +0.0059% | -0.1770% | 2026-11-13 20:00 UTC | |
| 180 | -2.8992% | -35.30% | +0.0055% | -0.1766% | 2026-11-13 20:00 UTC | |
| 90 | -3.0568% | -37.22% | +0.0000% | -0.2572% | 2026-11-13 16:00 UTC | |
| 171 | -3.1788% | -40.74% | +0.0111% | -0.1776% | 2026-11-13 12:00 UTC | |
| 180 | -3.2383% | -39.43% | +0.0052% | -0.1775% | 2026-11-13 20:00 UTC | |
| 720 | -3.3080% | -40.27% | +0.0357% | -0.0832% | 2026-11-13 21:00 UTC | |
| 180 | -3.3988% | -41.38% | +0.0000% | -0.1826% | 2026-11-13 20:00 UTC | |
| 180 | -3.4595% | -42.12% | +0.0036% | -0.1769% | 2026-11-13 20:00 UTC | |
| 180 | -4.1074% | -50.01% | +0.0112% | -0.1882% | 2026-11-13 20:00 UTC | |
| 720 | -4.5132% | -54.95% | +0.0448% | -0.0561% | 2026-11-13 21:00 UTC |
What the BRENT funding rate means
What BRENT (Crude Oil (Brent)) actually paid over the last 30 days: 8,796 settlements across 29 venues, broken down venue by venue. These are settled payments β the amount an exchange actually charged or credited each funding interval β not the rate currently quoted for the next payment. Phemex paid the most over the window at -0.0039% 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 38% of the 8,796 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from -0.0039% on Phemex to -4.5132% on Crypto.com β 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 BRENT 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 38% of the 8,796 settlements recorded here.
- Which exchange has paid the most settled BRENT funding recently?
- Phemex paid the most over the last 30 days at -0.0039% of position size across 180 settlements, an average annualized rate of -0.05%. This is a sum of actual payments, not a forecast.
- How often is BRENT funding actually paid?
- Over the last 30 days, ORBIT recorded 8,796 funding settlements for BRENT across 29 venues. Settlement schedules differ by venue β some pay hourly, others every 4 or 8 hours β so the number of payments per venue in the table above is not the same for all of them.