TBT Funding Rate History — Settled Payments by Exchange
ProShares UltraShort 20+ Year Treasury
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 HTX | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |
 Gate.io | 90 | -0.0482% | -0.59% | +0.0000% | -0.0383% | 2026-10-01 00:00 UTC |
 Bybit | 90 | -0.1218% | -1.48% | +0.0088% | -0.1305% | 2026-10-01 00:00 UTC |
 Bitget | 90 | -0.7698% | -9.37% | +0.0000% | -0.4175% | 2026-10-01 00:00 UTC |
 Hotcoin | 90 | -1.4833% | -18.06% | +0.1361% | -0.2431% | 2026-10-01 00:00 UTC |
 WEEX | 90 | -1.6890% | -20.56% | +0.1361% | -0.2431% | 2026-10-01 00:00 UTC |
 MEXC | 90 | -1.7059% | -20.77% | +0.1361% | -0.2430% | 2026-10-01 00:00 UTC |
 Toobit | 90 | -1.7068% | -20.78% | +0.1361% | -0.2431% | 2026-10-01 00:00 UTC |
 Bitunix | 90 | -1.9195% | -23.37% | +0.1254% | -0.2522% | 2026-10-01 00:00 UTC |
What the TBT funding rate means
What TBT (ProShares UltraShort 20+ Year Treasury) 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. HTX paid the most over the window at +0.0000% 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 16% of the 810 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +0.0000% on HTX to -1.9195% on Bitunix — 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 TBT 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 16% of the 810 settlements recorded here.
- Which exchange has paid the most settled TBT funding recently?
- HTX paid the most over the last 30 days at +0.0000% of position size across 90 settlements, an average annualized rate of +0.00%. This is a sum of actual payments, not a forecast.
- How often is TBT funding actually paid?
- Over the last 30 days, ORBIT recorded 810 funding settlements for TBT 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.