OPN Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 719 | +20.3780% | +248.45% | +0.2916% | -0.0203% | 2026-10-01 04:00 UTC | |
| 180 | +1.4324% | +17.44% | +0.0649% | -0.0279% | 2026-10-01 04:00 UTC | |
| 180 | +1.3872% | +16.89% | +0.0411% | +0.0050% | 2026-10-01 04:00 UTC | |
| 180 | +1.2352% | +15.04% | +0.0427% | +0.0009% | 2026-10-01 04:00 UTC | |
| 180 | +0.9066% | +11.04% | +0.0060% | +0.0039% | 2026-10-01 04:00 UTC | |
| 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-10-01 04:00 UTC | |
| 180 | +0.8650% | +10.53% | +0.0603% | -0.0193% | 2026-10-01 04:00 UTC | |
| 180 | +0.8166% | +9.94% | +0.0414% | -0.0442% | 2026-10-01 04:00 UTC | |
| 180 | +0.7362% | +8.96% | +0.0050% | -0.0196% | 2026-10-01 04:00 UTC | |
| 180 | +0.6371% | +7.76% | +0.0246% | -0.0202% | 2026-10-01 04:00 UTC | |
| 180 | +0.6270% | +7.63% | +0.0231% | -0.0186% | 2026-10-01 04:00 UTC | |
| 180 | +0.6085% | +7.41% | +0.0224% | -0.0195% | 2026-10-01 04:00 UTC | |
| 180 | +0.6070% | +7.39% | +0.0222% | -0.0193% | 2026-10-01 04:00 UTC | |
| 180 | +0.6066% | +7.39% | +0.0222% | -0.0193% | 2026-10-01 04:00 UTC | |
| 180 | +0.6035% | +7.35% | +0.0217% | -0.0193% | 2026-10-01 04:00 UTC | |
| 180 | +0.5865% | +7.14% | +0.0232% | -0.0217% | 2026-10-01 04:00 UTC | |
| 349 | +0.2707% | +1.70% | +0.0259% | -0.0242% | 2026-10-01 04:00 UTC |
What the OPN funding rate means
What OPN actually paid over the last 30 days: 3,768 settlements across 17 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. Coinbase International paid the most over the window at +20.3780% 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 91% of the 3,768 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +20.3780% on Coinbase International to +0.2707% on Aster — 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 OPN 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 91% of the 3,768 settlements recorded here.
- Which exchange has paid the most settled OPN funding recently?
- Coinbase International paid the most over the last 30 days at +20.3780% of position size across 719 settlements, an average annualized rate of +248.45%. This is a sum of actual payments, not a forecast.
- How often is OPN funding actually paid?
- Over the last 30 days, ORBIT recorded 3,768 funding settlements for OPN across 17 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.