PHA Funding Rate History — Settled Payments by Exchange
PHALA
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 BingX | 180 | +0.8455% | +10.29% | +0.0208% | -0.0295% | 2026-09-25 08:00 UTC |
 Bitget | 180 | +0.7642% | +9.30% | +0.0050% | -0.0399% | 2026-09-25 08:00 UTC |
 KuCoin | 180 | +0.4610% | +5.61% | +0.0050% | -0.0636% | 2026-09-25 08:00 UTC |
 BloFin | 180 | +0.3003% | +3.66% | +0.0170% | -0.1032% | 2026-09-25 08:00 UTC |
 Pionex | 180 | +0.2022% | +2.46% | +0.0050% | -0.0853% | 2026-09-25 08:00 UTC |
 Binance Futures | 180 | +0.1486% | +1.81% | +0.0050% | -0.1006% | 2026-09-25 08:00 UTC |
 Toobit | 180 | +0.1459% | +1.78% | +0.0051% | -0.1011% | 2026-09-25 08:00 UTC |
 WEEX | 180 | +0.1449% | +1.76% | +0.0050% | -0.1011% | 2026-09-25 08:00 UTC |
 MEXC | 180 | +0.1423% | +1.73% | +0.0050% | -0.1023% | 2026-09-25 08:00 UTC |
 Bybit | 180 | -0.5227% | -6.36% | +0.0256% | -0.1900% | 2026-09-25 08:00 UTC |
 Gate.io | 180 | -1.0831% | -13.19% | +0.0254% | -0.0941% | 2026-09-25 08:00 UTC |
 Aster | 452 | -1.6747% | -8.12% | +0.0050% | -0.1546% | 2026-09-25 08:00 UTC |
What the PHA funding rate means
What PHA (PHALA) actually paid over the last 30 days: 2,432 settlements across 12 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. BingX paid the most over the window at +0.8455% 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 81% of the 2,432 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +0.8455% on BingX to -1.6747% 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 PHA 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 81% of the 2,432 settlements recorded here.
- Which exchange has paid the most settled PHA funding recently?
- BingX paid the most over the last 30 days at +0.8455% of position size across 180 settlements, an average annualized rate of +10.29%. This is a sum of actual payments, not a forecast.
- How often is PHA funding actually paid?
- Over the last 30 days, ORBIT recorded 2,432 funding settlements for PHA across 12 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.