THE Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 BingX | 180 | +2.4254% | +29.53% | +0.0868% | -0.0124% | 2026-10-01 04:00 UTC |
 Bybit | 180 | +2.2127% | +26.94% | +0.0906% | -0.0688% | 2026-10-01 04:00 UTC |
 Pionex | 180 | +1.9173% | +23.34% | +0.0574% | -0.0405% | 2026-10-01 04:00 UTC |
 Bitget | 180 | +1.8440% | +22.45% | +0.0537% | -0.0368% | 2026-10-01 04:00 UTC |
 Binance Futures | 180 | +1.8063% | +21.99% | +0.0482% | -0.0439% | 2026-10-01 04:00 UTC |
 Bitunix | 180 | +1.8039% | +21.96% | +0.0467% | -0.0344% | 2026-10-01 04:00 UTC |
 WEEX | 180 | +1.8020% | +21.94% | +0.0482% | -0.0416% | 2026-10-01 04:00 UTC |
 Toobit | 180 | +1.8020% | +21.94% | +0.0482% | -0.0416% | 2026-10-01 04:00 UTC |
 MEXC | 180 | +1.7955% | +21.86% | +0.0482% | -0.0397% | 2026-10-01 04:00 UTC |
 KuCoin | 180 | +1.7478% | +21.28% | +0.0821% | -0.0180% | 2026-10-01 04:00 UTC |
 BloFin | 180 | +1.7438% | +21.23% | +0.0504% | -0.0412% | 2026-10-01 04:00 UTC |
 Aster | 381 | +1.3889% | +7.99% | +0.0366% | -0.0353% | 2026-10-01 04:00 UTC |
 Gate.io | 180 | +1.1120% | +13.54% | +0.1285% | -0.0109% | 2026-10-01 04:00 UTC |
What the THE funding rate means
What THE actually paid over the last 30 days: 2,541 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. BingX paid the most over the window at +2.4254% 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 99% of the 2,541 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +2.4254% on BingX to +1.1120% 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 THE 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 99% of the 2,541 settlements recorded here.
- Which exchange has paid the most settled THE funding recently?
- BingX paid the most over the last 30 days at +2.4254% of position size across 180 settlements, an average annualized rate of +29.53%. This is a sum of actual payments, not a forecast.
- How often is THE funding actually paid?
- Over the last 30 days, ORBIT recorded 2,541 funding settlements for THE 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.