PYPL Funding Rate History — Settled Payments by Exchange
PayPal
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Crypto.com | 136 | +1.1655% | +75.12% | +0.0420% | -0.0034% | 2026-10-01 04:00 UTC |
 Hotcoin | 94 | +0.9232% | +10.76% | +0.0266% | +0.0010% | 2026-10-01 00:00 UTC |
 OKX | 83 | +0.0130% | +0.17% | +0.0112% | +0.0000% | 2026-10-01 00:00 UTC |
 Bybit | 90 | +0.0066% | +0.08% | +0.0066% | +0.0000% | 2026-10-01 00:00 UTC |
 Bitget | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |
 HTX | 93 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |
 Gate.io | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |
 Bitunix | 93 | -0.0457% | -0.54% | +0.0265% | -0.0043% | 2026-10-01 00:00 UTC |
 MEXC | 90 | -0.2011% | -2.45% | +0.0266% | -0.2548% | 2026-10-01 00:00 UTC |
 WEEX | 90 | -0.7023% | -8.55% | +0.0062% | -0.0110% | 2026-10-01 00:00 UTC |
 Toobit | 94 | -2.2058% | -25.71% | +0.0588% | -0.2276% | 2026-10-01 00:00 UTC |
What the PYPL funding rate means
What PYPL (PayPal) actually paid over the last 30 days: 1,043 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. Crypto.com paid the most over the window at +1.1655% 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 26% of the 1,043 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +1.1655% on Crypto.com to -2.2058% on Toobit — 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 PYPL 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 26% of the 1,043 settlements recorded here.
- Which exchange has paid the most settled PYPL funding recently?
- Crypto.com paid the most over the last 30 days at +1.1655% of position size across 136 settlements, an average annualized rate of +75.12%. This is a sum of actual payments, not a forecast.
- How often is PYPL funding actually paid?
- Over the last 30 days, ORBIT recorded 1,043 funding settlements for PYPL 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.