PRL Funding Rate History — Settled Payments by Exchange
Pearl
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Coinbase International | 720 | +5.9092% | +71.94% | +0.0695% | -0.0196% | 2026-10-01 03:00 UTC |
 BingX | 180 | +2.9207% | +35.56% | +0.0907% | -0.0657% | 2026-10-01 00:00 UTC |
 KuCoin | 180 | +2.2964% | +27.96% | +0.0991% | -0.1250% | 2026-10-01 00:00 UTC |
 Pionex | 180 | +1.6746% | +20.39% | +0.0775% | -0.1398% | 2026-10-01 00:00 UTC |
 BloFin | 180 | +1.5592% | +18.98% | +0.0952% | -0.1537% | 2026-10-01 00:00 UTC |
 Bybit | 180 | +1.5590% | +18.98% | +0.0959% | -0.1502% | 2026-10-01 00:00 UTC |
 Toobit | 180 | +1.3981% | +17.02% | +0.0656% | -0.1269% | 2026-10-01 00:00 UTC |
 WEEX | 180 | +1.3981% | +17.02% | +0.0656% | -0.1269% | 2026-10-01 00:00 UTC |
 MEXC | 180 | +1.3953% | +16.99% | +0.0655% | -0.1269% | 2026-10-01 00:00 UTC |
 Bitunix | 180 | +1.3942% | +16.97% | +0.0689% | -0.1268% | 2026-10-01 00:00 UTC |
 Binance Futures | 180 | +1.3913% | +16.94% | +0.0652% | -0.1268% | 2026-10-01 00:00 UTC |
 Extended | 720 | +1.3789% | +16.79% | +0.0195% | -0.0381% | 2026-10-01 03:00 UTC |
 Gate.io | 180 | +1.0969% | +13.35% | +0.0563% | -0.0897% | 2026-10-01 00:00 UTC |
 Bitget | 180 | +0.7331% | +8.93% | +0.0716% | -0.0936% | 2026-10-01 00:00 UTC |
 Aster | 350 | +0.6913% | +4.33% | +0.0602% | -0.0510% | 2026-10-01 00:00 UTC |
 Crypto.com | 720 | -1.4864% | -18.10% | +0.0626% | -0.0998% | 2026-10-01 03:00 UTC |
What the PRL funding rate means
What PRL (Pearl) actually paid over the last 30 days: 4,670 settlements across 16 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. Coinbase International paid the most over the window at +5.9092% 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 83% of the 4,670 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +5.9092% on Coinbase International to -1.4864% on Crypto.com — 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 PRL 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 83% of the 4,670 settlements recorded here.
- Which exchange has paid the most settled PRL funding recently?
- Coinbase International paid the most over the last 30 days at +5.9092% of position size across 720 settlements, an average annualized rate of +71.94%. This is a sum of actual payments, not a forecast.
- How often is PRL funding actually paid?
- Over the last 30 days, ORBIT recorded 4,670 funding settlements for PRL across 16 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.