NET Funding Rate History — Settled Payments by Exchange
Cloudflare
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Crypto.com | 720 | +7.1719% | +87.32% | +0.0671% | -0.0530% | 2026-10-01 04:00 UTC |
![trade[XYZ]](/icons/exchanges/hl-xyz.svg){kind=icon} trade[XYZ]mirrors Hyperliquid | 720 | +1.0381% | +12.64% | +0.0263% | -0.0408% | 2026-10-01 04:00 UTC |
 Phoenix | 719 | +1.0303% | +12.56% | +0.0152% | -0.0181% | 2026-10-01 04:00 UTC |
 Hotcoin | 90 | +0.2878% | +3.50% | +0.1006% | -0.1240% | 2026-10-01 00:00 UTC |
 Gate.io | 90 | +0.2803% | +3.41% | +0.1175% | -0.0128% | 2026-10-01 00:00 UTC |
 Toobit | 90 | +0.0398% | +0.48% | +0.1006% | -0.1240% | 2026-10-01 00:00 UTC |
 MEXC | 90 | +0.0396% | +0.48% | +0.1005% | -0.1240% | 2026-10-01 00:00 UTC |
 OKX | 90 | +0.0263% | +0.32% | +0.0258% | +0.0000% | 2026-10-01 00:00 UTC |
 Bybit | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |
 HTX | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |
 Bitget | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |
 Bitunix | 90 | -0.1277% | -1.55% | +0.1010% | -0.1299% | 2026-10-01 00:00 UTC |
 Paragonmirrors Hyperliquid | 720 | -0.3310% | -4.03% | +0.0700% | -0.0854% | 2026-10-01 04:00 UTC |
 WEEX | 90 | -0.4424% | -5.39% | +0.0984% | -0.1208% | 2026-10-01 00:00 UTC |
What the NET funding rate means
What NET (Cloudflare) actually paid over the last 30 days: 3,779 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. Crypto.com paid the most over the window at +7.1719% 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 59% of the 3,779 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +7.1719% on Crypto.com to -0.4424% 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 NET 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 59% of the 3,779 settlements recorded here.
- Which exchange has paid the most settled NET funding recently?
- Crypto.com paid the most over the last 30 days at +7.1719% of position size across 720 settlements, an average annualized rate of +87.32%. This is a sum of actual payments, not a forecast.
- How often is NET funding actually paid?
- Over the last 30 days, ORBIT recorded 3,779 funding settlements for NET 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.