SWARMS Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | +3.1345% | +38.16% | +0.0753% | +0.0020% | 2026-10-01 04:00 UTC | |
| 180 | +3.1227% | +38.02% | +0.0716% | +0.0050% | 2026-10-01 04:00 UTC | |
| 180 | +3.1168% | +37.95% | +0.0716% | +0.0050% | 2026-10-01 04:00 UTC | |
| 180 | +3.1168% | +37.95% | +0.0716% | +0.0050% | 2026-10-01 04:00 UTC | |
| 180 | +3.1168% | +37.95% | +0.0716% | +0.0050% | 2026-10-01 04:00 UTC | |
| 180 | +3.1085% | +37.85% | +0.0715% | +0.0050% | 2026-10-01 04:00 UTC | |
| 719 | +3.0166% | +36.78% | +0.0204% | +0.0000% | 2026-10-01 04:00 UTC | |
| 180 | +3.0105% | +36.65% | +0.0744% | +0.0050% | 2026-10-01 04:00 UTC | |
| 180 | +2.9616% | +36.06% | +0.0707% | +0.0035% | 2026-10-01 04:00 UTC | |
| 359 | +2.4949% | +15.23% | +0.0762% | +0.0013% | 2026-10-01 04:00 UTC | |
| 180 | +2.3906% | +29.11% | +0.0873% | -0.0347% | 2026-10-01 04:00 UTC | |
| 180 | +0.9316% | +11.34% | +0.0219% | +0.0050% | 2026-10-01 04:00 UTC |
What the SWARMS funding rate means
What SWARMS actually paid over the last 30 days: 2,878 settlements across 12 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. BloFin paid the most over the window at +3.1345% 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 2,878 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +3.1345% on BloFin to +0.9316% on Gate.io — 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 SWARMS 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 2,878 settlements recorded here.
- Which exchange has paid the most settled SWARMS funding recently?
- BloFin paid the most over the last 30 days at +3.1345% of position size across 180 settlements, an average annualized rate of +38.16%. This is a sum of actual payments, not a forecast.
- How often is SWARMS funding actually paid?
- Over the last 30 days, ORBIT recorded 2,878 funding settlements for SWARMS across 12 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.