SHELL Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 BingX | 180 | +2.1657% | +26.37% | +0.0676% | +0.0050% | 2026-09-30 04:00 UTC |
 Bybit | 180 | +1.7639% | +21.48% | +0.0710% | +0.0050% | 2026-09-30 04:00 UTC |
 OKX | 180 | +1.4315% | +17.43% | +0.0434% | +0.0050% | 2026-09-30 04:00 UTC |
 Bitget | 180 | +1.2965% | +15.78% | +0.0492% | +0.0050% | 2026-09-30 04:00 UTC |
 Toobit | 180 | +0.9970% | +12.14% | +0.0336% | -0.0097% | 2026-09-30 04:00 UTC |
 WEEX | 180 | +0.9968% | +12.14% | +0.0336% | -0.0097% | 2026-09-30 04:00 UTC |
 MEXC | 180 | +0.9967% | +12.13% | +0.0339% | -0.0097% | 2026-09-30 04:00 UTC |
 Binance Futures | 180 | +0.9959% | +12.13% | +0.0332% | -0.0097% | 2026-09-30 04:00 UTC |
 Aster | 349 | +0.9796% | +6.15% | +0.0170% | -0.0054% | 2026-09-30 04:00 UTC |
 KuCoin | 180 | +0.9750% | +11.87% | +0.0409% | +0.0050% | 2026-09-30 04:00 UTC |
 Bitunix | 180 | +0.9723% | +11.84% | +0.0333% | -0.0199% | 2026-09-30 04:00 UTC |
 Gate.io | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-30 04:00 UTC |
What the SHELL funding rate means
What SHELL actually paid over the last 30 days: 2,329 settlements across 12 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. BingX paid the most over the window at +2.1657% 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 99% of the 2,329 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +2.1657% on BingX to +0.9000% on Gate.io — 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 SHELL 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 99% of the 2,329 settlements recorded here.
- Which exchange has paid the most settled SHELL funding recently?
- BingX paid the most over the last 30 days at +2.1657% of position size across 180 settlements, an average annualized rate of +26.37%. This is a sum of actual payments, not a forecast.
- How often is SHELL funding actually paid?
- Over the last 30 days, ORBIT recorded 2,329 funding settlements for SHELL across 12 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.