SOPH Funding Rate History — Settled Payments by Exchange
Sophon
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Hotcoin | 145 | -5.2636% | -79.55% | +1.2150% | -2.0000% | 2026-09-23 16:02 UTC |
 Gate.io | 149 | -6.4092% | -94.27% | +0.0774% | -2.0000% | 2026-09-23 16:00 UTC |
 Hyperliquid | 720 | -10.1975% | -124.15% | +0.0168% | -1.8319% | 2026-09-23 18:00 UTC |
 BingX | 232 | -10.6115% | -100.24% | +0.0433% | -1.8000% | 2026-09-23 16:00 UTC |
 OKX | 194 | -11.1176% | -125.59% | +0.0050% | -1.0000% | 2026-09-23 16:00 UTC |
 Bitget | 232 | -13.1821% | -124.52% | +0.0050% | -2.0000% | 2026-09-23 16:00 UTC |
 KuCoin | 197 | -13.1985% | -146.82% | +0.0050% | -2.0000% | 2026-09-23 16:00 UTC |
 Bitunix | 234 | -13.4011% | -125.51% | +0.0466% | -1.8000% | 2026-09-23 16:00 UTC |
 Binance Futures | 232 | -14.3604% | -135.65% | +0.0450% | -2.0000% | 2026-09-23 16:00 UTC |
 Toobit | 232 | -14.3722% | -135.76% | +0.0449% | -2.0000% | 2026-09-23 16:00 UTC |
 WEEX | 232 | -14.3723% | -135.76% | +0.0449% | -2.0000% | 2026-09-23 16:00 UTC |
 MEXC | 232 | -14.3726% | -135.77% | +0.0448% | -2.0000% | 2026-09-23 16:00 UTC |
 Bybit | 196 | -16.2564% | -181.76% | +0.0050% | -2.0000% | 2026-09-23 16:00 UTC |
What the SOPH funding rate means
What SOPH (Sophon) actually paid over the last 30 days: 3,227 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. Hotcoin paid the most over the window at -5.2636% 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 51% of the 3,227 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from -5.2636% on Hotcoin to -16.2564% 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 SOPH 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 51% of the 3,227 settlements recorded here.
- Which exchange has paid the most settled SOPH funding recently?
- Hotcoin paid the most over the last 30 days at -5.2636% of position size across 145 settlements, an average annualized rate of -79.55%. This is a sum of actual payments, not a forecast.
- How often is SOPH funding actually paid?
- Over the last 30 days, ORBIT recorded 3,227 funding settlements for SOPH 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.