PANW Funding Rate History — Settled Payments by Exchange
Palo Alto Networks
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Crypto.com | 720 | +4.5690% | +55.63% | +0.0574% | -0.0103% | 2026-09-30 08:00 UTC |
 Hotcoin | 90 | +0.9684% | +11.79% | +0.1989% | -0.0237% | 2026-09-30 08:00 UTC |
 HTX | 90 | +0.9000% | +10.96% | +0.0100% | +0.0100% | 2026-09-30 08:00 UTC |
 MEXC | 90 | +0.3805% | +4.63% | +0.1988% | +0.0000% | 2026-09-30 08:00 UTC |
 Bitunix | 90 | +0.3566% | +4.34% | +0.1952% | -0.0048% | 2026-09-30 08:00 UTC |
 Gate.io | 90 | +0.1119% | +1.36% | +0.0680% | -0.0239% | 2026-09-30 08:00 UTC |
 QFEX | 720 | +0.0453% | +0.55% | +0.0090% | -0.0190% | 2026-09-30 08:00 UTC |
 Bybit | 90 | +0.0270% | +0.33% | +0.0270% | +0.0000% | 2026-09-30 08:00 UTC |
 Bitget | 90 | +0.0067% | +0.08% | +0.0067% | +0.0000% | 2026-09-30 08:00 UTC |
 Toobit | 90 | +0.0067% | +0.08% | +0.0067% | +0.0000% | 2026-09-30 08:00 UTC |
 WEEX | 90 | -0.2725% | -3.32% | +0.2042% | -0.0110% | 2026-09-30 08:00 UTC |
What the PANW funding rate means
What PANW (Palo Alto Networks) actually paid over the last 30 days: 2,250 settlements across 11 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 +4.5690% 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 40% of the 2,250 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +4.5690% on Crypto.com to -0.2725% 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 PANW 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 40% of the 2,250 settlements recorded here.
- Which exchange has paid the most settled PANW funding recently?
- Crypto.com paid the most over the last 30 days at +4.5690% of position size across 720 settlements, an average annualized rate of +55.63%. This is a sum of actual payments, not a forecast.
- How often is PANW funding actually paid?
- Over the last 30 days, ORBIT recorded 2,250 funding settlements for PANW across 11 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.