NIL Funding Rate History β Settled Payments by Exchange
Nillion
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | -1.8447% | -22.46% | +0.0050% | -0.5532% | 2026-11-14 08:00 UTC | |
| 719 | -2.1078% | -25.70% | +0.0111% | -0.2510% | 2026-11-14 08:00 UTC | |
| 180 | -2.8709% | -34.95% | +0.0050% | -0.6140% | 2026-11-14 08:00 UTC | |
| 180 | -2.9279% | -35.65% | +0.0050% | -0.7180% | 2026-11-14 08:00 UTC | |
| 180 | -3.1337% | -38.15% | +0.0050% | -0.5567% | 2026-11-14 08:00 UTC | |
| 180 | -3.5033% | -42.65% | +0.0050% | -0.6575% | 2026-11-14 08:00 UTC | |
| 180 | -3.6008% | -43.84% | +0.0050% | -0.4879% | 2026-11-14 08:00 UTC | |
| 180 | -3.6416% | -44.34% | +0.0184% | -0.4697% | 2026-11-14 08:00 UTC | |
| 719 | -3.6532% | -44.54% | +0.0013% | -0.1729% | 2026-11-14 08:00 UTC | |
| 180 | -3.6818% | -44.83% | +0.0050% | -0.7235% | 2026-11-14 08:00 UTC | |
| 180 | -3.6895% | -44.92% | +0.0050% | -0.6556% | 2026-11-14 08:00 UTC | |
| 180 | -3.9117% | -47.62% | +0.0050% | -0.6926% | 2026-11-14 08:00 UTC | |
| 180 | -3.9181% | -47.70% | +0.0050% | -0.6915% | 2026-11-14 08:00 UTC | |
| 180 | -3.9181% | -47.70% | +0.0050% | -0.6915% | 2026-11-14 08:00 UTC | |
| 180 | -3.9231% | -47.76% | +0.0050% | -0.6903% | 2026-11-14 08:00 UTC | |
| 180 | -3.9323% | -47.88% | +0.0079% | -0.6900% | 2026-11-14 08:00 UTC |
What the NIL funding rate means
What NIL (Nillion) actually paid over the last 30 days: 3,958 settlements across 16 venues, broken down venue by venue. These are settled payments β the amount an exchange actually charged or credited each funding interval β not the rate currently quoted for the next payment. HTX paid the most over the window at -1.8447% 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 57% of the 3,958 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from -1.8447% on HTX to -3.9323% on BloFin β 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 NIL 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 57% of the 3,958 settlements recorded here.
- Which exchange has paid the most settled NIL funding recently?
- HTX paid the most over the last 30 days at -1.8447% of position size across 180 settlements, an average annualized rate of -22.46%. This is a sum of actual payments, not a forecast.
- How often is NIL funding actually paid?
- Over the last 30 days, ORBIT recorded 3,958 funding settlements for NIL across 16 venues. Settlement schedules differ by venue β some pay hourly, others every 4 or 8 hours β so the number of payments per venue in the table above is not the same for all of them.