TOWNS Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 719 | +42.2750% | +515.41% | +0.2907% | -0.2075% | 2026-10-01 04:00 UTC | |
| 180 | +1.1175% | +13.61% | +0.0519% | +0.0035% | 2026-10-01 04:00 UTC | |
| 180 | +1.0370% | +12.63% | +0.0435% | +0.0050% | 2026-10-01 04:00 UTC | |
| 180 | +1.0217% | +12.44% | +0.0412% | -0.0026% | 2026-10-01 04:00 UTC | |
| 180 | +1.0033% | +12.22% | +0.0364% | -0.0031% | 2026-10-01 04:00 UTC | |
| 180 | +1.0033% | +12.22% | +0.0364% | -0.0031% | 2026-10-01 04:00 UTC | |
| 180 | +1.0020% | +12.20% | +0.0364% | -0.0038% | 2026-10-01 04:00 UTC | |
| 180 | +1.0012% | +12.19% | +0.0361% | -0.0031% | 2026-10-01 04:00 UTC | |
| 180 | +0.9985% | +12.16% | +0.0357% | -0.0045% | 2026-10-01 04:00 UTC | |
| 180 | +0.9881% | +12.03% | +0.0346% | -0.0017% | 2026-10-01 04:00 UTC | |
| 180 | +0.9605% | +11.69% | +0.0546% | -0.0218% | 2026-10-01 04:00 UTC | |
| 180 | +0.9462% | +11.52% | +0.0266% | +0.0012% | 2026-10-01 04:00 UTC | |
| 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-10-01 04:00 UTC | |
| 180 | +0.4775% | +5.81% | +0.0504% | -0.0467% | 2026-10-01 04:00 UTC |
What the TOWNS funding rate means
What TOWNS actually paid over the last 30 days: 3,059 settlements across 14 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. Coinbase International paid the most over the window at +42.2750% 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 3,059 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +42.2750% on Coinbase International to +0.4775% 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 TOWNS 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 3,059 settlements recorded here.
- Which exchange has paid the most settled TOWNS funding recently?
- Coinbase International paid the most over the last 30 days at +42.2750% of position size across 719 settlements, an average annualized rate of +515.41%. This is a sum of actual payments, not a forecast.
- How often is TOWNS funding actually paid?
- Over the last 30 days, ORBIT recorded 3,059 funding settlements for TOWNS across 14 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.