SIREN Funding Rate History — Settled Payments by Exchange
Siren
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | +8.4735% | +103.17% | +0.1816% | -0.0022% | 2026-09-23 16:00 UTC | |
| 180 | +8.4405% | +102.76% | +0.1692% | -0.0322% | 2026-09-23 16:00 UTC | |
| 180 | +7.7284% | +94.09% | +0.1494% | -0.0044% | 2026-09-23 16:00 UTC | |
| 180 | +7.7224% | +94.02% | +0.1494% | -0.0044% | 2026-09-23 16:01 UTC | |
| 180 | +7.7061% | +93.82% | +0.1519% | -0.0051% | 2026-09-23 16:00 UTC | |
| 180 | +7.6977% | +93.72% | +0.1494% | -0.0044% | 2026-09-23 16:00 UTC | |
| 180 | +7.6963% | +93.70% | +0.1493% | -0.0044% | 2026-09-23 16:00 UTC | |
| 180 | +7.6889% | +93.61% | +0.1494% | -0.0044% | 2026-09-23 16:00 UTC | |
| 180 | +7.5438% | +91.85% | +0.1521% | -0.0026% | 2026-09-23 16:00 UTC | |
| 467 | +6.9227% | +32.49% | +0.1088% | -0.0078% | 2026-09-23 16:00 UTC | |
| 180 | +5.8763% | +71.54% | +0.1212% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +5.6572% | +68.88% | +0.0938% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +4.1505% | +50.53% | +0.3104% | -0.1906% | 2026-09-23 16:00 UTC |
What the SIREN funding rate means
What SIREN (Siren) actually paid over the last 30 days: 2,627 settlements across 13 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. Pionex paid the most over the window at +8.4735% 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 98% of the 2,627 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +8.4735% on Pionex to +4.1505% on Bybit — 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 SIREN 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 98% of the 2,627 settlements recorded here.
- Which exchange has paid the most settled SIREN funding recently?
- Pionex paid the most over the last 30 days at +8.4735% of position size across 180 settlements, an average annualized rate of +103.17%. This is a sum of actual payments, not a forecast.
- How often is SIREN funding actually paid?
- Over the last 30 days, ORBIT recorded 2,627 funding settlements for SIREN across 13 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.