C98 Funding Rate History — Settled Payments by Exchange
Coin98
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Bybit | 90 | +0.9070% | +11.04% | +0.0145% | +0.0100% | 2026-09-30 08:00 UTC |
 Bitget | 90 | +0.9000% | +10.96% | +0.0100% | +0.0100% | 2026-09-30 08:00 UTC |
 BloFin | 90 | +0.8225% | +10.01% | +0.0129% | -0.0128% | 2026-09-30 08:00 UTC |
 MEXC | 90 | +0.8201% | +9.98% | +0.0100% | -0.0140% | 2026-09-30 08:00 UTC |
 Toobit | 90 | +0.8195% | +9.98% | +0.0103% | -0.0140% | 2026-09-30 08:00 UTC |
 WEEX | 90 | +0.8190% | +9.97% | +0.0100% | -0.0140% | 2026-09-30 08:00 UTC |
 Binance Futures | 90 | +0.8184% | +9.96% | +0.0100% | -0.0140% | 2026-09-30 08:00 UTC |
 Bitunix | 90 | +0.8145% | +9.92% | +0.0100% | -0.0160% | 2026-09-30 08:00 UTC |
 KuCoin | 90 | +0.5380% | +6.55% | +0.1036% | -0.1161% | 2026-09-30 08:00 UTC |
 Gate.io | 90 | +0.5331% | +6.49% | +0.0783% | -0.1443% | 2026-09-30 08:00 UTC |
What the C98 funding rate means
What C98 (Coin98) actually paid over the last 30 days: 900 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. Bybit paid the most over the window at +0.9070% 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 95% of the 900 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +0.9070% on Bybit to +0.5331% on Gate.io — 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 C98 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 95% of the 900 settlements recorded here.
- Which exchange has paid the most settled C98 funding recently?
- Bybit paid the most over the last 30 days at +0.9070% of position size across 90 settlements, an average annualized rate of +11.04%. This is a sum of actual payments, not a forecast.
- How often is C98 funding actually paid?
- Over the last 30 days, ORBIT recorded 900 funding settlements for C98 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.