M Funding Rate History — Settled Payments by Exchange
MemeCore
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 KuCoin | 180 | +5.2837% | +64.33% | +0.2731% | -0.1720% | 2026-09-24 20:00 UTC |
 Bybit | 180 | +2.8036% | +34.13% | +0.1418% | +0.0050% | 2026-09-24 20:00 UTC |
 Hotcoin | 180 | +2.7510% | +33.49% | +0.1043% | +0.0042% | 2026-09-24 20:00 UTC |
 BingX | 180 | +2.4481% | +29.81% | +0.1057% | -0.0091% | 2026-09-24 20:00 UTC |
 Bitunix | 180 | +2.3559% | +28.68% | +0.0780% | -0.0088% | 2026-09-24 20:00 UTC |
 WEEX | 180 | +2.3549% | +28.67% | +0.0803% | -0.0088% | 2026-09-24 20:00 UTC |
 Binance Futures | 180 | +2.3521% | +28.64% | +0.0802% | -0.0088% | 2026-09-24 20:00 UTC |
 MEXC | 180 | +2.3515% | +28.63% | +0.0797% | -0.0087% | 2026-09-24 20:00 UTC |
 BloFin | 180 | +2.3491% | +28.60% | +0.0791% | -0.0090% | 2026-09-24 20:00 UTC |
 Toobit | 180 | +2.3069% | +28.09% | +0.0803% | +0.0000% | 2026-09-24 20:00 UTC |
 Bitget | 180 | +2.1026% | +25.60% | +0.1024% | +0.0050% | 2026-09-24 20:00 UTC |
 Aster | 463 | +1.7750% | +8.40% | +0.0696% | -0.0039% | 2026-09-24 20:00 UTC |
 Gate.io | 90 | +0.8983% | +10.94% | +0.0100% | +0.0083% | 2026-09-24 16:00 UTC |
What the M funding rate means
What M (MemeCore) actually paid over the last 30 days: 2,533 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. KuCoin paid the most over the window at +5.2837% 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 98% of the 2,533 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +5.2837% on KuCoin to +0.8983% 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 M 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 98% of the 2,533 settlements recorded here.
- Which exchange has paid the most settled M funding recently?
- KuCoin paid the most over the last 30 days at +5.2837% of position size across 180 settlements, an average annualized rate of +64.33%. This is a sum of actual payments, not a forecast.
- How often is M funding actually paid?
- Over the last 30 days, ORBIT recorded 2,533 funding settlements for M 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.