FHE Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 BingX | 180 | +3.6375% | +44.29% | +0.1843% | +0.0050% | 2026-10-01 00:00 UTC |
 Pionex | 180 | +3.6144% | +44.00% | +0.2306% | +0.0050% | 2026-10-01 00:00 UTC |
 KuCoin | 180 | +3.4018% | +41.42% | +0.1642% | +0.0050% | 2026-10-01 00:00 UTC |
 Binance Futures | 180 | +3.2604% | +39.70% | +0.1963% | +0.0050% | 2026-10-01 00:00 UTC |
 Toobit | 180 | +3.2573% | +39.66% | +0.1958% | +0.0050% | 2026-10-01 00:00 UTC |
 WEEX | 180 | +3.2569% | +39.65% | +0.1958% | +0.0050% | 2026-10-01 00:00 UTC |
 MEXC | 180 | +3.2507% | +39.58% | +0.1950% | +0.0050% | 2026-10-01 00:00 UTC |
 Hotcoin | 180 | +3.2404% | +39.45% | +0.1958% | -0.0060% | 2026-10-01 00:00 UTC |
 Extended | 720 | +3.2301% | +39.33% | +0.0596% | +0.0000% | 2026-10-01 03:00 UTC |
 Bitunix | 180 | +3.2135% | +39.12% | +0.1933% | +0.0050% | 2026-10-01 00:00 UTC |
 Aster | 233 | +2.4016% | +22.59% | +0.1809% | +0.0013% | 2026-10-01 00:00 UTC |
 Bybit | 180 | +1.9571% | +23.83% | +0.0639% | +0.0050% | 2026-10-01 00:00 UTC |
 Gate.io | 90 | +1.2493% | +15.21% | +0.1285% | +0.0100% | 2026-10-01 00:00 UTC |
What the FHE funding rate means
What FHE actually paid over the last 30 days: 2,843 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. BingX paid the most over the window at +3.6375% 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 100% of the 2,843 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +3.6375% on BingX to +1.2493% 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 FHE 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 100% of the 2,843 settlements recorded here.
- Which exchange has paid the most settled FHE funding recently?
- BingX paid the most over the last 30 days at +3.6375% of position size across 180 settlements, an average annualized rate of +44.29%. This is a sum of actual payments, not a forecast.
- How often is FHE funding actually paid?
- Over the last 30 days, ORBIT recorded 2,843 funding settlements for FHE 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.