NCLD Funding Rate History — Settled Payments by Exchange
NCLD (Compute ETF)
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
![trade[XYZ]](/icons/exchanges/hl-xyz.svg){kind=icon} trade[XYZ]mirrors Hyperliquid | 719 | +0.9604% | +11.71% | +0.1080% | -0.0684% | 2026-09-30 16:00 UTC |
 Polymarket | 331 | +0.5679% | +15.04% | +0.0421% | -0.0266% | 2026-09-30 16:00 UTC |
 QFEX | 719 | +0.1405% | +1.71% | +0.0390% | -0.0190% | 2026-09-30 16:00 UTC |
 Bybit | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-09-30 16:00 UTC |
What the NCLD funding rate means
What NCLD (NCLD (Compute ETF)) actually paid over the last 30 days: 1,859 settlements across 4 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. trade[XYZ] paid the most over the window at +0.9604% 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 38% of the 1,859 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +0.9604% on trade[XYZ] to +0.0000% on Bybit — 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 NCLD 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 38% of the 1,859 settlements recorded here.
- Which exchange has paid the most settled NCLD funding recently?
- trade[XYZ] paid the most over the last 30 days at +0.9604% of position size across 719 settlements, an average annualized rate of +11.71%. This is a sum of actual payments, not a forecast.
- How often is NCLD funding actually paid?
- Over the last 30 days, ORBIT recorded 1,859 funding settlements for NCLD across 4 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.