PATH Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Hotcoin | 33 | +0.8295% | +27.54% | +0.1648% | +0.0002% | 2026-10-01 00:00 UTC |
 Bitunix | 32 | +0.4427% | +15.16% | +0.1319% | -0.0091% | 2026-10-01 00:00 UTC |
 Bitget | 38 | +0.4179% | +12.05% | +0.1648% | +0.0000% | 2026-10-01 00:00 UTC |
 Toobit | 38 | +0.3020% | +8.71% | +0.1280% | +0.0000% | 2026-10-01 00:00 UTC |
 BloFin | 26 | +0.2243% | +9.45% | +0.1303% | -0.0028% | 2026-10-01 00:00 UTC |
 WEEX | 38 | +0.1129% | +3.26% | +0.1201% | -0.0110% | 2026-10-01 00:00 UTC |
 Bybit | 30 | +0.0086% | +0.31% | +0.0086% | +0.0000% | 2026-10-01 00:00 UTC |
 HTX | 33 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |
 Phemex | 34 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |
 Gate.io | 38 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |
What the PATH funding rate means
What PATH actually paid over the last 30 days: 340 settlements across 10 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. Hotcoin paid the most over the window at +0.8295% 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 29% of the 340 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +0.8295% on Hotcoin to +0.0000% on Gate.io — 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 PATH 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 29% of the 340 settlements recorded here.
- Which exchange has paid the most settled PATH funding recently?
- Hotcoin paid the most over the last 30 days at +0.8295% of position size across 33 settlements, an average annualized rate of +27.54%. This is a sum of actual payments, not a forecast.
- How often is PATH funding actually paid?
- Over the last 30 days, ORBIT recorded 340 funding settlements for PATH across 10 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.