PURR Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Hyperliquid | 719 | +3.2050% | +39.07% | +0.0549% | +0.0010% | 2026-09-30 07:00 UTC |
 BingX | 179 | +2.1317% | +26.10% | +0.1452% | -0.0050% | 2026-09-30 04:00 UTC |
 MEXC | 179 | -0.1029% | -1.26% | +0.0200% | -0.0149% | 2026-09-30 04:00 UTC |
What the PURR funding rate means
What PURR actually paid over the last 30 days: 1,077 settlements across 3 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. Hyperliquid paid the most over the window at +3.2050% 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 1,077 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +3.2050% on Hyperliquid to -0.1029% on MEXC — 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 PURR 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 1,077 settlements recorded here.
- Which exchange has paid the most settled PURR funding recently?
- Hyperliquid paid the most over the last 30 days at +3.2050% of position size across 719 settlements, an average annualized rate of +39.07%. This is a sum of actual payments, not a forecast.
- How often is PURR funding actually paid?
- Over the last 30 days, ORBIT recorded 1,077 funding settlements for PURR across 3 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.