PI Funding Rate History — Settled Payments by Exchange
Pi Network
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | +1.0242% | +12.47% | +0.0208% | +0.0002% | 2026-09-23 16:00 UTC | |
| 180 | +0.7385% | +8.99% | +0.0050% | -0.0193% | 2026-09-23 16:00 UTC | |
| 180 | +0.6133% | +7.47% | +0.0050% | -0.0341% | 2026-09-23 16:00 UTC | |
| 180 | +0.0547% | +0.67% | +0.0050% | -0.0403% | 2026-09-23 16:00 UTC | |
| 180 | -0.0081% | -0.10% | +0.0050% | -0.0524% | 2026-09-23 16:00 UTC | |
| 180 | -0.0218% | -0.27% | +0.0109% | -0.0520% | 2026-09-23 16:00 UTC | |
| 180 | -0.0246% | -0.30% | +0.0053% | -0.0519% | 2026-09-23 16:00 UTC | |
| 180 | -0.0293% | -0.36% | +0.0052% | -0.0529% | 2026-09-23 16:00 UTC | |
| 180 | -0.0339% | -0.41% | +0.0050% | -0.0520% | 2026-09-23 16:00 UTC | |
| 180 | -0.0351% | -0.43% | +0.0050% | -0.0519% | 2026-09-23 16:00 UTC | |
| 180 | -0.2736% | -3.33% | +0.0050% | -0.0788% | 2026-09-23 16:00 UTC |
What the PI funding rate means
What PI (Pi Network) actually paid over the last 30 days: 1,980 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. Hotcoin paid the most over the window at +1.0242% 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 84% of the 1,980 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +1.0242% on Hotcoin to -0.2736% on Bitget — 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 PI 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 84% of the 1,980 settlements recorded here.
- Which exchange has paid the most settled PI funding recently?
- Hotcoin paid the most over the last 30 days at +1.0242% of position size across 180 settlements, an average annualized rate of +12.47%. This is a sum of actual payments, not a forecast.
- How often is PI funding actually paid?
- Over the last 30 days, ORBIT recorded 1,980 funding settlements for PI 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.