PONS Funding Rate History β Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | +3.0854% | +37.56% | +0.1159% | -0.0104% | 2026-11-14 08:00 UTC | |
| 180 | +1.6873% | +20.54% | +0.0645% | +0.0050% | 2026-11-14 08:00 UTC | |
| 180 | +1.4865% | +18.10% | +0.0649% | +0.0045% | 2026-11-14 08:00 UTC | |
| 719 | +1.4468% | +17.64% | +0.0289% | -0.0113% | 2026-11-14 08:00 UTC | |
| 180 | +1.4324% | +17.44% | +0.0645% | +0.0050% | 2026-11-14 08:00 UTC | |
| 180 | +1.3942% | +16.97% | +0.0646% | +0.0050% | 2026-11-14 08:00 UTC | |
| 180 | +1.3930% | +16.96% | +0.0704% | +0.0045% | 2026-11-14 08:00 UTC | |
| 180 | +1.3924% | +16.95% | +0.0644% | +0.0050% | 2026-11-14 08:00 UTC | |
| 180 | +1.3783% | +16.78% | +0.0643% | +0.0050% | 2026-11-14 08:00 UTC | |
| 180 | +1.3767% | +16.76% | +0.0615% | +0.0050% | 2026-11-14 08:00 UTC | |
| 719 | +1.3758% | +16.77% | +0.0161% | +0.0013% | 2026-11-14 08:00 UTC | |
| 180 | +1.3614% | +16.57% | +0.0651% | +0.0050% | 2026-11-14 08:00 UTC | |
| 719 | +1.1156% | +13.60% | +0.0131% | +0.0013% | 2026-11-14 08:00 UTC | |
| 180 | +0.9869% | +12.02% | +0.0187% | +0.0050% | 2026-11-14 08:00 UTC | |
| 719 | +0.9635% | +11.75% | +0.1055% | -0.0383% | 2026-11-14 08:00 UTC | |
| 180 | +0.9496% | +11.56% | +0.0242% | +0.0021% | 2026-11-14 08:00 UTC | |
| 180 | +0.9438% | +11.49% | +0.0157% | +0.0050% | 2026-11-14 08:00 UTC | |
| 180 | +0.9197% | +11.20% | +0.0148% | +0.0050% | 2026-11-14 08:00 UTC | |
| 719 | +0.8988% | +10.96% | +0.0013% | +0.0013% | 2026-11-14 08:00 UTC | |
| 719 | +0.8974% | +10.94% | +0.0013% | +0.0001% | 2026-11-14 08:00 UTC | |
| 719 | +0.8751% | +10.67% | +0.0078% | -0.0051% | 2026-11-14 08:00 UTC | |
| 180 | +0.8716% | +10.61% | +0.0075% | +0.0034% | 2026-11-14 08:00 UTC | |
| 180 | +0.8449% | +10.29% | +0.0068% | -0.0372% | 2026-11-14 08:00 UTC | |
| 180 | +0.7666% | +9.33% | +0.0050% | -0.0165% | 2026-11-14 08:00 UTC | |
| 180 | +0.7631% | +9.29% | +0.0050% | -0.0178% | 2026-11-14 08:00 UTC | |
| 719 | +0.5826% | +7.10% | +0.0013% | -0.0048% | 2026-11-14 08:00 UTC | |
| 719 | +0.5637% | +6.87% | +0.0400% | -0.0086% | 2026-11-14 08:00 UTC | |
| 180 | -0.0778% | -0.95% | +0.0953% | -0.0965% | 2026-11-14 08:00 UTC | |
| 719 | -0.2084% | -2.54% | +0.0050% | -0.0053% | 2026-11-14 08:00 UTC |
What the PONS funding rate means
What PONS actually paid over the last 30 days: 10,610 settlements across 29 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. BloFin paid the most over the window at +3.0854% 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 90% of the 10,610 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +3.0854% on BloFin to -0.2084% on Phoenix 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 PONS 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 90% of the 10,610 settlements recorded here.
- Which exchange has paid the most settled PONS funding recently?
- BloFin paid the most over the last 30 days at +3.0854% of position size across 180 settlements, an average annualized rate of +37.56%. This is a sum of actual payments, not a forecast.
- How often is PONS funding actually paid?
- Over the last 30 days, ORBIT recorded 10,610 funding settlements for PONS across 29 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.