HEMI Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | -2.9703% | -36.16% | +0.0090% | -0.3063% | 2026-09-23 16:00 UTC | |
| 180 | -4.0078% | -48.80% | +0.0333% | -0.2590% | 2026-09-23 16:00 UTC | |
| 180 | -4.0390% | -49.17% | +0.0721% | -0.2865% | 2026-09-23 16:00 UTC | |
| 720 | -4.1391% | -50.39% | +0.0276% | -0.2097% | 2026-09-23 18:00 UTC | |
| 180 | -4.1731% | -50.81% | +0.0187% | -0.2878% | 2026-09-23 16:00 UTC | |
| 180 | -4.3837% | -53.37% | +0.0320% | -0.2643% | 2026-09-23 16:00 UTC | |
| 180 | -5.0240% | -61.17% | +0.0426% | -0.3671% | 2026-09-23 16:00 UTC | |
| 180 | -5.4793% | -66.71% | +0.0361% | -0.3660% | 2026-09-23 16:00 UTC | |
| 180 | -5.4838% | -66.77% | +0.0350% | -0.3645% | 2026-09-23 16:00 UTC | |
| 180 | -5.4957% | -66.91% | +0.0350% | -0.3660% | 2026-09-23 16:00 UTC | |
| 180 | -5.4996% | -66.96% | +0.0349% | -0.3698% | 2026-09-23 16:00 UTC | |
| 180 | -5.5028% | -67.00% | +0.0349% | -0.3660% | 2026-09-23 16:00 UTC | |
| 180 | -5.6793% | -69.15% | +0.0336% | -0.4591% | 2026-09-23 16:00 UTC | |
| 554 | -6.1263% | -96.94% | +0.0131% | -0.0943% | 2026-09-23 18:00 UTC |
What the HEMI funding rate means
What HEMI actually paid over the last 30 days: 3,434 settlements across 14 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. Aster paid the most over the window at -2.9703% 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 58% of the 3,434 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from -2.9703% on Aster to -6.1263% on Extended — 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 HEMI 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 58% of the 3,434 settlements recorded here.
- Which exchange has paid the most settled HEMI funding recently?
- Aster paid the most over the last 30 days at -2.9703% of position size across 180 settlements, an average annualized rate of -36.16%. This is a sum of actual payments, not a forecast.
- How often is HEMI funding actually paid?
- Over the last 30 days, ORBIT recorded 3,434 funding settlements for HEMI across 14 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.