ERA Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 720 | +4.7254% | +57.53% | +0.0355% | -0.0436% | 2026-09-30 11:00 UTC | |
| 180 | +0.8384% | +10.21% | +0.0050% | -0.0220% | 2026-09-30 08:00 UTC | |
| 180 | +0.7502% | +9.13% | +0.0106% | -0.0550% | 2026-09-30 08:00 UTC | |
| 180 | +0.7500% | +9.13% | +0.0085% | -0.0577% | 2026-09-30 08:00 UTC | |
| 180 | +0.7487% | +9.12% | +0.0106% | -0.0563% | 2026-09-30 08:00 UTC | |
| 180 | +0.7476% | +9.10% | +0.0106% | -0.0556% | 2026-09-30 08:00 UTC | |
| 180 | +0.7476% | +9.10% | +0.0106% | -0.0556% | 2026-09-30 08:00 UTC | |
| 180 | +0.7474% | +9.10% | +0.0050% | -0.0412% | 2026-09-30 08:00 UTC | |
| 180 | +0.7457% | +9.08% | +0.0103% | -0.0556% | 2026-09-30 08:00 UTC | |
| 393 | +0.7158% | +3.99% | +0.0154% | -0.0237% | 2026-09-30 08:00 UTC | |
| 180 | +0.6077% | +7.40% | +0.0050% | -0.0567% | 2026-09-30 08:00 UTC | |
| 180 | +0.5149% | +6.27% | +0.0828% | -0.1012% | 2026-09-30 08:00 UTC | |
| 180 | +0.4809% | +5.85% | +0.0050% | -0.0549% | 2026-09-30 08:00 UTC |
What the ERA funding rate means
What ERA actually paid over the last 30 days: 3,093 settlements across 13 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. Crypto.com paid the most over the window at +4.7254% 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 90% of the 3,093 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +4.7254% on Crypto.com to +0.4809% on BingX — 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 ERA 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 90% of the 3,093 settlements recorded here.
- Which exchange has paid the most settled ERA funding recently?
- Crypto.com paid the most over the last 30 days at +4.7254% of position size across 720 settlements, an average annualized rate of +57.53%. This is a sum of actual payments, not a forecast.
- How often is ERA funding actually paid?
- Over the last 30 days, ORBIT recorded 3,093 funding settlements for ERA across 13 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.