MRNA Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 720 | +4.0924% | +49.82% | +0.0387% | -0.0296% | 2026-09-27 22:00 UTC | |
| 719 | +1.4058% | +17.14% | +0.0145% | -0.0177% | 2026-09-27 22:00 UTC | |
| 90 | +0.5047% | +6.14% | +0.1161% | -0.0843% | 2026-09-27 16:01 UTC | |
| 720 | +0.4488% | +5.46% | +0.0095% | -0.0003% | 2026-09-27 22:00 UTC | |
| 720 | +0.3914% | +4.77% | +0.0309% | -0.0394% | 2026-09-27 22:00 UTC | |
| 720 | +0.3730% | +4.54% | +0.0220% | -0.0369% | 2026-09-27 22:00 UTC | |
| 720 | +0.3622% | +4.41% | +0.0223% | -0.0367% | 2026-09-27 22:00 UTC | |
| 90 | +0.2887% | +3.51% | +0.1162% | -0.0670% | 2026-09-27 16:00 UTC | |
| 90 | +0.0455% | +0.55% | +0.0265% | -0.0183% | 2026-09-27 16:00 UTC | |
| 720 | +0.0335% | +0.41% | +0.0760% | -0.0170% | 2026-09-27 22:00 UTC | |
| 90 | +0.0025% | +0.03% | +0.0244% | -0.0534% | 2026-09-27 16:00 UTC | |
| 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-09-27 16:00 UTC | |
| 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-09-27 16:00 UTC | |
| 90 | -0.2057% | -2.50% | +0.0094% | -0.0710% | 2026-09-27 16:00 UTC | |
| 90 | -0.2473% | -3.01% | +0.0143% | -0.0836% | 2026-09-27 16:00 UTC | |
| 90 | -0.2546% | -3.10% | +0.0352% | -0.0849% | 2026-09-27 16:00 UTC | |
| 90 | -0.2588% | -3.15% | +0.0342% | -0.0845% | 2026-09-27 16:00 UTC | |
| 90 | -0.2806% | -3.42% | +0.0581% | -0.1021% | 2026-09-27 16:00 UTC | |
| 90 | -0.3357% | -4.09% | +0.0361% | -0.0832% | 2026-09-27 16:00 UTC | |
| 90 | -0.8660% | -10.54% | -0.0024% | -0.0110% | 2026-09-27 16:00 UTC |
What the MRNA funding rate means
What MRNA actually paid over the last 30 days: 6,209 settlements across 20 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 +4.0924% 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 64% of the 6,209 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +4.0924% on Crypto.com to -0.8660% on WEEX — 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 MRNA 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 64% of the 6,209 settlements recorded here.
- Which exchange has paid the most settled MRNA funding recently?
- Crypto.com paid the most over the last 30 days at +4.0924% of position size across 720 settlements, an average annualized rate of +49.82%. This is a sum of actual payments, not a forecast.
- How often is MRNA funding actually paid?
- Over the last 30 days, ORBIT recorded 6,209 funding settlements for MRNA across 20 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.