SPELL Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 Bitget | 90 | +0.8865% | +10.79% | +0.0100% | -0.0035% | 2026-09-26 16:00 UTC |
 KuCoin | 90 | +0.8684% | +10.57% | +0.0100% | -0.0216% | 2026-09-26 16:00 UTC |
 Gate.io | 90 | +0.8344% | +10.16% | +0.0100% | -0.0403% | 2026-09-26 16:00 UTC |
 Pionex | 90 | +0.7509% | +9.14% | +0.0100% | -0.0555% | 2026-09-26 16:00 UTC |
 Bitunix | 90 | +0.7264% | +8.84% | +0.0100% | -0.0756% | 2026-09-26 16:00 UTC |
 Toobit | 90 | +0.7227% | +8.80% | +0.0101% | -0.0735% | 2026-09-26 16:00 UTC |
 MEXC | 90 | +0.7218% | +8.79% | +0.0100% | -0.0735% | 2026-09-26 16:00 UTC |
 WEEX | 90 | +0.7216% | +8.79% | +0.0100% | -0.0735% | 2026-09-26 16:00 UTC |
 Binance Futures | 90 | +0.7216% | +8.79% | +0.0100% | -0.0734% | 2026-09-26 16:00 UTC |
What the SPELL funding rate means
What SPELL actually paid over the last 30 days: 810 settlements across 9 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. Bitget paid the most over the window at +0.8865% 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 96% of the 810 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +0.8865% on Bitget to +0.7216% on Binance Futures — 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 SPELL 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 96% of the 810 settlements recorded here.
- Which exchange has paid the most settled SPELL funding recently?
- Bitget paid the most over the last 30 days at +0.8865% of position size across 90 settlements, an average annualized rate of +10.79%. This is a sum of actual payments, not a forecast.
- How often is SPELL funding actually paid?
- Over the last 30 days, ORBIT recorded 810 funding settlements for SPELL across 9 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.