BTC Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 720 | +0.8949% | +10.90% | +0.0105% | -0.0047% | 2026-09-23 18:00 UTC | |
| 720 | +0.8668% | +10.55% | +0.0013% | -0.0013% | 2026-09-23 18:00 UTC | |
| 720 | +0.7783% | +9.48% | +0.0012% | +0.0000% | 2026-09-23 18:00 UTC | |
| 720 | +0.7761% | +9.45% | +0.0090% | -0.0016% | 2026-09-23 18:00 UTC | |
| 720 | +0.7761% | +9.45% | +0.0090% | -0.0016% | 2026-09-23 18:00 UTC | |
| 91 | +0.7689% | +9.26% | +0.0101% | +0.0026% | 2026-09-23 16:00 UTC | |
| 719 | +0.7657% | +9.34% | +0.0013% | -0.0011% | 2026-09-23 18:00 UTC | |
| 718 | +0.7624% | +9.31% | +0.0013% | -0.0020% | 2026-09-23 18:00 UTC | |
| 90 | +0.7404% | +9.01% | +0.0101% | -0.0072% | 2026-09-23 16:00 UTC | |
| 720 | +0.7305% | +8.89% | +0.0013% | -0.0022% | 2026-09-23 18:00 UTC | |
| 720 | +0.7281% | +8.86% | +0.0045% | -0.0040% | 2026-09-23 18:00 UTC | |
| 720 | +0.6814% | +8.30% | +0.0013% | -0.0045% | 2026-09-23 18:00 UTC | |
| 90 | +0.6040% | +7.35% | +0.0100% | -0.0067% | 2026-09-23 16:00 UTC | |
| 90 | +0.6019% | +7.33% | +0.0100% | +0.0000% | 2026-09-23 16:00 UTC | |
| 90 | +0.5886% | +7.17% | +0.0113% | +0.0000% | 2026-09-23 16:00 UTC | |
| 90 | +0.5722% | +6.97% | +0.0100% | -0.0002% | 2026-09-23 16:00 UTC | |
| 90 | +0.5722% | +6.97% | +0.0100% | -0.0002% | 2026-09-23 16:00 UTC | |
| 90 | +0.5715% | +6.96% | +0.0100% | -0.0001% | 2026-09-23 16:00 UTC | |
| 90 | +0.5689% | +6.93% | +0.0100% | -0.0001% | 2026-09-23 16:00 UTC | |
| 90 | +0.5376% | +6.55% | +0.0100% | -0.0042% | 2026-09-23 16:00 UTC | |
| 90 | +0.5231% | +6.37% | +0.0100% | -0.0027% | 2026-09-23 16:00 UTC | |
| 90 | +0.5035% | +6.13% | +0.0100% | -0.0042% | 2026-09-23 16:00 UTC | |
| 90 | +0.4976% | +6.06% | +0.0100% | -0.0125% | 2026-09-23 16:00 UTC | |
| 719 | +0.4943% | +6.03% | +0.0375% | -0.0375% | 2026-09-23 18:00 UTC | |
| 90 | +0.4784% | +5.82% | +0.0100% | -0.0074% | 2026-09-23 16:00 UTC | |
| 90 | +0.4605% | +5.61% | +0.0100% | -0.0022% | 2026-09-23 16:00 UTC | |
| 720 | +0.4056% | +4.94% | +0.0013% | -0.0063% | 2026-09-23 18:00 UTC | |
| 90 | +0.3794% | +4.62% | +0.0100% | -0.0052% | 2026-09-23 16:00 UTC | |
| 90 | +0.3763% | +4.58% | +0.0231% | -0.0160% | 2026-09-23 16:00 UTC | |
| 90 | +0.3746% | +4.56% | +0.0100% | -0.0043% | 2026-09-23 16:00 UTC | |
| 720 | +0.3056% | +3.72% | +0.0013% | -0.0029% | 2026-09-23 18:00 UTC | |
| 720 | +0.0187% | +0.23% | +0.0026% | -0.0036% | 2026-09-23 18:00 UTC | |
| 90 | -0.0526% | -0.64% | +0.0100% | -0.0100% | 2026-09-23 16:00 UTC | |
| 180 | -0.1434% | -1.75% | +0.0050% | -0.0060% | 2026-09-23 16:00 UTC | |
| 90 | -0.2311% | -2.81% | +0.0132% | -0.0141% | 2026-09-23 16:00 UTC |
What the BTC funding rate means
What BTC actually paid over the last 30 days: 12,057 settlements across 35 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. Arcus paid the most over the window at +0.8949% 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 86% of the 12,057 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +0.8949% on Arcus to -0.2311% 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 BTC 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 86% of the 12,057 settlements recorded here.
- Which exchange has paid the most settled BTC funding recently?
- Arcus paid the most over the last 30 days at +0.8949% of position size across 720 settlements, an average annualized rate of +10.90%. This is a sum of actual payments, not a forecast.
- How often is BTC funding actually paid?
- Over the last 30 days, ORBIT recorded 12,057 funding settlements for BTC across 35 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.