SOON Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | +5.2003% | +63.31% | +0.3729% | +0.0035% | 2026-09-23 16:00 UTC | |
| 180 | +4.6117% | +56.15% | +0.3842% | +0.0009% | 2026-09-23 16:00 UTC | |
| 457 | +4.1377% | +19.84% | +0.0675% | +0.0013% | 2026-09-23 16:00 UTC | |
| 180 | +2.9367% | +35.75% | +0.0617% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +2.4621% | +29.98% | +0.0595% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +2.2170% | +26.99% | +0.0722% | +0.0050% | 2026-09-23 16:00 UTC | |
| 720 | +2.1600% | +26.30% | +0.0156% | +0.0013% | 2026-09-23 18:00 UTC | |
| 180 | +2.1003% | +25.57% | +0.0595% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +2.0983% | +25.55% | +0.0595% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +2.0975% | +25.54% | +0.0601% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +2.0841% | +25.37% | +0.0567% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +1.2690% | +15.45% | +0.0452% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +1.2309% | +14.99% | +0.0498% | +0.0050% | 2026-09-23 16:00 UTC | |
| 180 | +1.1359% | +13.83% | +0.0528% | +0.0050% | 2026-09-23 16:00 UTC |
What the SOON funding rate means
What SOON actually paid over the last 30 days: 3,337 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. BingX paid the most over the window at +5.2003% 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 100% of the 3,337 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +5.2003% on BingX to +1.1359% on KuCoin — 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 SOON 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 100% of the 3,337 settlements recorded here.
- Which exchange has paid the most settled SOON funding recently?
- BingX paid the most over the last 30 days at +5.2003% of position size across 180 settlements, an average annualized rate of +63.31%. This is a sum of actual payments, not a forecast.
- How often is SOON funding actually paid?
- Over the last 30 days, ORBIT recorded 3,337 funding settlements for SOON 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.