SONIC Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | +2.7733% | +33.76% | +0.0764% | -0.0225% | 2026-09-30 12:00 UTC | |
| 180 | +2.7714% | +33.74% | +0.0727% | -0.0237% | 2026-09-30 12:00 UTC | |
| 180 | +2.7713% | +33.74% | +0.0727% | -0.0237% | 2026-09-30 12:00 UTC | |
| 180 | +2.7694% | +33.72% | +0.0727% | -0.0241% | 2026-09-30 12:00 UTC | |
| 180 | +2.7328% | +33.27% | +0.0702% | -0.0260% | 2026-09-30 12:00 UTC | |
| 180 | +2.6379% | +32.12% | +0.0719% | -0.0251% | 2026-09-30 12:00 UTC | |
| 180 | +1.4548% | +17.71% | +0.0570% | +0.0050% | 2026-09-30 12:00 UTC | |
| 180 | +1.2591% | +15.33% | +0.0497% | -0.0051% | 2026-09-30 12:00 UTC | |
| 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-30 12:00 UTC | |
| 180 | +0.8883% | +10.82% | +0.0050% | -0.0067% | 2026-09-30 12:00 UTC |
What the SONIC funding rate means
What SONIC actually paid over the last 30 days: 1,800 settlements across 10 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. Binance Futures paid the most over the window at +2.7733% 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 1,800 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +2.7733% on Binance Futures to +0.8883% 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 SONIC 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 1,800 settlements recorded here.
- Which exchange has paid the most settled SONIC funding recently?
- Binance Futures paid the most over the last 30 days at +2.7733% of position size across 180 settlements, an average annualized rate of +33.76%. This is a sum of actual payments, not a forecast.
- How often is SONIC funding actually paid?
- Over the last 30 days, ORBIT recorded 1,800 funding settlements for SONIC across 10 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.