BRENT Funding Rate History — Settled Payments by Exchange
Crude Oil (Brent)
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 719 | -1.6170% | -19.71% | +0.0914% | -0.0578% | 2026-09-23 19:00 UTC | |
| 720 | -1.6336% | -19.89% | +0.0198% | -0.0711% | 2026-09-23 19:00 UTC | |
| 91 | -1.7619% | -21.22% | +0.0860% | -0.2594% | 2026-09-23 16:00 UTC | |
| 720 | -2.9850% | -36.34% | +0.0467% | -0.0718% | 2026-09-23 19:00 UTC | |
| 180 | -3.5033% | -42.65% | +0.0204% | -0.3033% | 2026-09-23 16:00 UTC | |
| 180 | -4.1804% | -50.90% | +0.0588% | -0.3264% | 2026-09-23 16:00 UTC | |
| 180 | -4.2744% | -52.04% | +0.0529% | -0.2989% | 2026-09-23 16:00 UTC | |
| 90 | -4.4749% | -54.48% | +0.0000% | -0.3632% | 2026-09-23 16:00 UTC | |
| 720 | -4.5126% | -54.94% | +0.0279% | -0.0752% | 2026-09-23 19:00 UTC | |
| 90 | -4.5574% | -55.49% | +0.0072% | -0.3916% | 2026-09-23 16:00 UTC | |
| 180 | -4.8596% | -59.17% | +0.0592% | -0.3272% | 2026-09-23 16:00 UTC | |
| 180 | -4.8815% | -59.43% | +0.0535% | -0.3285% | 2026-09-23 16:00 UTC | |
| 180 | -4.9067% | -59.74% | +0.0594% | -0.3265% | 2026-09-23 16:00 UTC | |
| 180 | -5.3032% | -64.57% | +0.0585% | -0.3400% | 2026-09-23 16:00 UTC | |
| 180 | -5.3373% | -64.98% | +0.0189% | -0.3625% | 2026-09-23 16:00 UTC | |
| 180 | -5.4043% | -65.80% | +0.0298% | -0.3479% | 2026-09-23 16:00 UTC | |
| 180 | -5.4573% | -66.44% | +0.0177% | -0.3621% | 2026-09-23 16:00 UTC | |
| 180 | -5.5610% | -67.70% | +0.0512% | -0.3218% | 2026-09-23 16:00 UTC | |
| 180 | -5.7382% | -69.86% | +0.0187% | -0.3627% | 2026-09-23 16:00 UTC | |
| 180 | -5.8544% | -71.28% | +0.0588% | -0.4244% | 2026-09-23 16:00 UTC |
What the BRENT funding rate means
What BRENT (Crude Oil (Brent)) actually paid over the last 30 days: 5,490 settlements across 20 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. PopDEX paid the most over the window at -1.6170% 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 42% of the 5,490 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from -1.6170% on PopDEX to -5.8544% on Hotcoin — 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 42% of the 5,490 settlements recorded here.
- Which exchange has paid the most settled BRENT funding recently?
- PopDEX paid the most over the last 30 days at -1.6170% of position size across 719 settlements, an average annualized rate of -19.71%. This is a sum of actual payments, not a forecast.
- How often is BRENT funding actually paid?
- Over the last 30 days, ORBIT recorded 5,490 funding settlements for BRENT across 20 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.