SHOP Funding Rate History — Settled Payments by Exchange
Shopify
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 720 | +8.7407% | +106.42% | +0.0827% | -0.0259% | 2026-09-30 15:00 UTC | |
| 90 | +1.3224% | +16.10% | +0.3458% | -0.0190% | 2026-09-30 08:00 UTC | |
| 90 | +0.9000% | +10.96% | +0.0100% | +0.0100% | 2026-09-30 08:00 UTC | |
| 720 | +0.8101% | +9.86% | +0.0024% | -0.0005% | 2026-09-30 15:00 UTC | |
| 90 | +0.4880% | +5.94% | +0.0692% | -0.0017% | 2026-09-30 08:00 UTC | |
| 90 | +0.4820% | +5.87% | +0.0683% | +0.0000% | 2026-09-30 08:00 UTC | |
| 90 | +0.4222% | +5.14% | +0.3442% | -0.0157% | 2026-09-30 08:00 UTC | |
| 90 | +0.2845% | +3.46% | +0.0832% | -0.0190% | 2026-09-30 08:00 UTC | |
| 90 | +0.2838% | +3.46% | +0.0831% | -0.0189% | 2026-09-30 08:00 UTC | |
| 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-09-30 08:00 UTC | |
| 90 | -0.0026% | -0.03% | +0.0000% | -0.0026% | 2026-09-30 08:00 UTC | |
| 90 | -0.4327% | -5.27% | +0.0109% | -0.0110% | 2026-09-30 08:00 UTC |
What the SHOP funding rate means
What SHOP (Shopify) actually paid over the last 30 days: 2,340 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. Crypto.com paid the most over the window at +8.7407% 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 70% of the 2,340 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +8.7407% on Crypto.com to -0.4327% on WEEX — 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 SHOP 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 70% of the 2,340 settlements recorded here.
- Which exchange has paid the most settled SHOP funding recently?
- Crypto.com paid the most over the last 30 days at +8.7407% of position size across 720 settlements, an average annualized rate of +106.42%. This is a sum of actual payments, not a forecast.
- How often is SHOP funding actually paid?
- Over the last 30 days, ORBIT recorded 2,340 funding settlements for SHOP 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.