KSM Funding Rate History — Settled Payments by Exchange
Kusama
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Bybit | 90 | +0.7695% | +9.37% | +0.0100% | -0.0477% | 2026-09-23 16:00 UTC |
 BingX | 90 | +0.7525% | +9.16% | +0.0100% | -0.0857% | 2026-09-23 16:00 UTC |
 KuCoin | 90 | +0.7466% | +9.09% | +0.0100% | -0.1234% | 2026-09-23 16:00 UTC |
 Bitget | 90 | +0.5495% | +6.69% | +0.0100% | -0.0491% | 2026-09-23 16:00 UTC |
 Toobit | 90 | +0.4267% | +5.19% | +0.0100% | -0.0862% | 2026-09-23 16:00 UTC |
 WEEX | 90 | +0.4266% | +5.19% | +0.0100% | -0.0862% | 2026-09-23 16:00 UTC |
 Hotcoin | 90 | +0.4266% | +5.19% | +0.0100% | -0.0862% | 2026-09-23 16:01 UTC |
 MEXC | 90 | +0.4244% | +5.17% | +0.0100% | -0.0876% | 2026-09-23 16:00 UTC |
 Binance Futures | 90 | +0.4216% | +5.13% | +0.0100% | -0.0862% | 2026-09-23 16:00 UTC |
 BloFin | 90 | +0.4208% | +5.12% | +0.0129% | -0.0866% | 2026-09-23 16:00 UTC |
 Bitunix | 90 | +0.4113% | +5.01% | +0.0100% | -0.0919% | 2026-09-23 16:00 UTC |
 Extended | 720 | +0.2789% | +3.40% | +0.0013% | -0.0378% | 2026-09-23 18:00 UTC |
 Gate.io | 90 | +0.1064% | +1.30% | +0.0100% | -0.0827% | 2026-09-23 16:00 UTC |
 OKX | 180 | -0.6231% | -7.59% | +0.0050% | -0.1427% | 2026-09-23 16:00 UTC |
What the KSM funding rate means
What KSM (Kusama) actually paid over the last 30 days: 1,980 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. Bybit paid the most over the window at +0.7695% 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 83% of the 1,980 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +0.7695% on Bybit to -0.6231% 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 KSM 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 83% of the 1,980 settlements recorded here.
- Which exchange has paid the most settled KSM funding recently?
- Bybit paid the most over the last 30 days at +0.7695% of position size across 90 settlements, an average annualized rate of +9.37%. This is a sum of actual payments, not a forecast.
- How often is KSM funding actually paid?
- Over the last 30 days, ORBIT recorded 1,980 funding settlements for KSM 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.