ORCA Funding Rate History β Settled Payments by Exchange
Orca
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 720 | +1.7256% | +21.01% | +0.0359% | -0.1179% | 2026-10-04 21:00 UTC | |
| 180 | -1.7646% | -21.48% | +0.0916% | -0.7000% | 2026-10-04 20:00 UTC | |
| 180 | -1.8335% | -22.32% | +0.0789% | -0.4932% | 2026-10-04 20:00 UTC | |
| 180 | -2.1298% | -25.93% | +0.0426% | -0.5189% | 2026-10-04 20:00 UTC | |
| 180 | -2.3009% | -28.01% | +0.0373% | -0.5079% | 2026-10-04 20:00 UTC | |
| 180 | -2.5380% | -30.90% | +0.0050% | -0.5170% | 2026-10-04 20:00 UTC | |
| 180 | -2.6468% | -32.22% | +0.0050% | -0.5863% | 2026-10-04 20:00 UTC | |
| 180 | -2.8781% | -35.04% | +0.0050% | -0.5375% | 2026-10-04 20:00 UTC | |
| 180 | -2.8918% | -35.21% | +0.0050% | -0.5375% | 2026-10-04 20:00 UTC | |
| 180 | -2.8918% | -35.21% | +0.0050% | -0.5375% | 2026-10-04 20:00 UTC | |
| 180 | -2.8918% | -35.21% | +0.0050% | -0.5375% | 2026-10-04 20:00 UTC | |
| 180 | -2.9003% | -35.31% | +0.0050% | -0.5348% | 2026-10-04 20:00 UTC | |
| 180 | -2.9066% | -35.39% | +0.0050% | -0.5272% | 2026-10-04 20:00 UTC | |
| 180 | -2.9394% | -35.79% | +0.0170% | -0.5307% | 2026-10-04 20:00 UTC | |
| 180 | -3.0247% | -36.83% | +0.0100% | -0.5210% | 2026-10-04 20:00 UTC | |
| 720 | -3.1169% | -37.95% | +0.0013% | -0.1773% | 2026-10-04 21:00 UTC |
What the ORCA funding rate means
What ORCA (Orca) actually paid over the last 30 days: 3,960 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. Crypto.com paid the most over the window at +1.7256% 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 70% of the 3,960 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +1.7256% on Crypto.com to -3.1169% on Extended 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 ORCA 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 70% of the 3,960 settlements recorded here.
- Which exchange has paid the most settled ORCA funding recently?
- Crypto.com paid the most over the last 30 days at +1.7256% of position size across 720 settlements, an average annualized rate of +21.01%. This is a sum of actual payments, not a forecast.
- How often is ORCA funding actually paid?
- Over the last 30 days, ORBIT recorded 3,960 funding settlements for ORCA 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.