SAGA Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Gate.io | 180 | +2.0155% | +24.54% | +0.2146% | -0.0242% | 2026-09-23 16:00 UTC |
 Bybit | 180 | +1.5307% | +18.64% | +0.0746% | +0.0050% | 2026-09-23 16:00 UTC |
 BingX | 180 | +1.5169% | +18.47% | +0.0710% | +0.0050% | 2026-09-23 16:00 UTC |
 Extended | 720 | +0.9398% | +11.44% | +0.0079% | -0.0049% | 2026-09-23 18:00 UTC |
 BloFin | 180 | +0.9305% | +11.33% | +0.0260% | -0.0055% | 2026-09-23 16:00 UTC |
 Aster | 514 | +0.9118% | +3.89% | +0.0594% | -0.0096% | 2026-09-23 16:00 UTC |
 Bitunix | 180 | +0.9033% | +11.00% | +0.0266% | -0.0016% | 2026-09-23 16:00 UTC |
 Pionex | 180 | +0.9006% | +10.96% | +0.0254% | -0.0027% | 2026-09-23 16:00 UTC |
 Toobit | 180 | +0.8986% | +10.94% | +0.0226% | -0.0031% | 2026-09-23 16:00 UTC |
 MEXC | 180 | +0.8979% | +10.93% | +0.0231% | -0.0027% | 2026-09-23 16:00 UTC |
 WEEX | 180 | +0.8977% | +10.93% | +0.0226% | -0.0031% | 2026-09-23 16:00 UTC |
 Binance Futures | 180 | +0.8976% | +10.93% | +0.0226% | -0.0031% | 2026-09-23 16:00 UTC |
 KuCoin | 180 | +0.7252% | +8.83% | +0.1246% | -0.0846% | 2026-09-23 16:00 UTC |
 Hyperliquid | 720 | -0.1253% | -1.53% | +0.0013% | -0.0587% | 2026-09-23 18:00 UTC |
What the SAGA funding rate means
What SAGA actually paid over the last 30 days: 3,934 settlements across 14 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. Gate.io paid the most over the window at +2.0155% 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 96% of the 3,934 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +2.0155% on Gate.io to -0.1253% on Hyperliquid — 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 SAGA 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 96% of the 3,934 settlements recorded here.
- Which exchange has paid the most settled SAGA funding recently?
- Gate.io paid the most over the last 30 days at +2.0155% of position size across 180 settlements, an average annualized rate of +24.54%. This is a sum of actual payments, not a forecast.
- How often is SAGA funding actually paid?
- Over the last 30 days, ORBIT recorded 3,934 funding settlements for SAGA across 14 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.