XBI Funding Rate History — Settled Payments by Exchange
SPDR S&P Biotech ETF
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 720 | +4.9243% | +59.95% | +0.0361% | -0.0178% | 2026-09-30 11:00 UTC | |
| 720 | +2.3149% | +28.18% | +0.0308% | -0.0272% | 2026-09-30 11:00 UTC | |
| 94 | +0.2939% | +3.43% | +0.0551% | +0.0001% | 2026-09-30 08:00 UTC | |
| 94 | +0.2604% | +3.04% | +0.0551% | -0.0002% | 2026-09-30 08:00 UTC | |
| 90 | +0.2603% | +3.17% | +0.0551% | +0.0000% | 2026-09-30 08:00 UTC | |
| 93 | +0.2493% | +2.94% | +0.0511% | -0.0089% | 2026-09-30 08:00 UTC | |
| 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-09-30 08:00 UTC | |
| 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-09-30 08:00 UTC | |
| 93 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-09-30 08:00 UTC | |
| 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-09-30 08:00 UTC | |
| 90 | -0.0891% | -1.08% | +0.0000% | -0.0891% | 2026-09-30 08:00 UTC | |
| 90 | -0.2952% | -3.59% | +0.0550% | -0.0110% | 2026-09-30 08:00 UTC |
What the XBI funding rate means
What XBI (SPDR S&P Biotech ETF) actually paid over the last 30 days: 2,354 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. Crypto.com paid the most over the window at +4.9243% 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 58% of the 2,354 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +4.9243% on Crypto.com to -0.2952% on WEEX — 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 XBI 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 58% of the 2,354 settlements recorded here.
- Which exchange has paid the most settled XBI funding recently?
- Crypto.com paid the most over the last 30 days at +4.9243% of position size across 720 settlements, an average annualized rate of +59.95%. This is a sum of actual payments, not a forecast.
- How often is XBI funding actually paid?
- Over the last 30 days, ORBIT recorded 2,354 funding settlements for XBI 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.