CAP Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | -4.8136% | -58.61% | +0.0057% | -1.6352% | 2026-09-23 16:00 UTC | |
| 180 | -9.0741% | -110.48% | +0.0462% | -1.1758% | 2026-09-23 16:00 UTC | |
| 180 | -10.1692% | -123.81% | +0.0193% | -1.2591% | 2026-09-23 16:00 UTC | |
| 180 | -10.1952% | -124.13% | +0.0168% | -1.2501% | 2026-09-23 16:00 UTC | |
| 514 | -10.5189% | -44.85% | +0.0056% | -1.2338% | 2026-09-23 16:00 UTC | |
| 180 | -11.0604% | -134.66% | +0.0205% | -1.2657% | 2026-09-23 16:00 UTC | |
| 180 | -11.1161% | -135.34% | +0.0208% | -1.2656% | 2026-09-23 16:00 UTC | |
| 180 | -11.1166% | -135.34% | +0.0205% | -1.2657% | 2026-09-23 16:00 UTC | |
| 180 | -11.1425% | -135.66% | +0.0216% | -1.3758% | 2026-09-23 16:00 UTC | |
| 180 | -11.2255% | -136.67% | +0.0209% | -1.2730% | 2026-09-23 16:00 UTC | |
| 180 | -11.2754% | -137.28% | +0.0215% | -1.2827% | 2026-09-23 16:00 UTC | |
| 180 | -11.4410% | -139.29% | +0.0205% | -1.5188% | 2026-09-23 16:00 UTC | |
| 180 | -11.4737% | -139.69% | +0.0204% | -1.2434% | 2026-09-23 16:00 UTC | |
| 180 | -11.5779% | -140.96% | +0.0404% | -1.3457% | 2026-09-23 16:00 UTC | |
| 180 | -11.6541% | -141.89% | +0.0214% | -1.2668% | 2026-09-23 16:00 UTC | |
| 188 | -12.0093% | -139.99% | +0.0187% | -1.0000% | 2026-09-23 16:00 UTC |
What the CAP funding rate means
What CAP actually paid over the last 30 days: 3,222 settlements across 16 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. WOOFi Pro paid the most over the window at -4.8136% 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 53% of the 3,222 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from -4.8136% on WOOFi Pro to -12.0093% on OKX — 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 CAP 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 53% of the 3,222 settlements recorded here.
- Which exchange has paid the most settled CAP funding recently?
- WOOFi Pro paid the most over the last 30 days at -4.8136% of position size across 180 settlements, an average annualized rate of -58.61%. This is a sum of actual payments, not a forecast.
- How often is CAP funding actually paid?
- Over the last 30 days, ORBIT recorded 3,222 funding settlements for CAP across 16 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.