# BRENT funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/BRENT/funding · window: last 30 days · generated 2026-09-23T19:06 UTC

What BRENT (Crude Oil (Brent)) actually paid over the last 30 days: 5,490 settlements across 20 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. PopDEX paid the most over the window at -1.6170% 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 42% of the 5,490 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from -1.6170% on PopDEX to -5.8544% on Hotcoin — 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.

| Exchange | Settlements | Total paid | Average APR | Largest | Smallest | Last settled |
|---|---:|---:|---:|---:|---:|---|
| PopDEX | 719 | -1.6170% | -19.71% | +0.0914% | -0.0578% | 2026-09-23 19:00 UTC |
| Polymarket | 720 | -1.6336% | -19.89% | +0.0198% | -0.0711% | 2026-09-23 19:00 UTC |
| Paradex | 91 | -1.7619% | -21.22% | +0.0860% | -0.2594% | 2026-09-23 16:00 UTC |
| Ondo | 720 | -2.9850% | -36.34% | +0.0467% | -0.0718% | 2026-09-23 19:00 UTC |
| HTX | 180 | -3.5033% | -42.65% | +0.0204% | -0.3033% | 2026-09-23 16:00 UTC |
| WEEX | 180 | -4.1804% | -50.90% | +0.0588% | -0.3264% | 2026-09-23 16:00 UTC |
| KuCoin | 180 | -4.2744% | -52.04% | +0.0529% | -0.2989% | 2026-09-23 16:00 UTC |
| Bybit | 90 | -4.4749% | -54.48% | +0.0000% | -0.3632% | 2026-09-23 16:00 UTC |
| trade[XYZ] (mirrors hyperliquid) | 720 | -4.5126% | -54.94% | +0.0279% | -0.0752% | 2026-09-23 19:00 UTC |
| Gate.io | 90 | -4.5574% | -55.49% | +0.0072% | -0.3916% | 2026-09-23 16:00 UTC |
| edgeX V2 | 180 | -4.8596% | -59.17% | +0.0592% | -0.3272% | 2026-09-23 16:00 UTC |
| Aster | 180 | -4.8815% | -59.43% | +0.0535% | -0.3285% | 2026-09-23 16:00 UTC |
| MEXC | 180 | -4.9067% | -59.74% | +0.0594% | -0.3265% | 2026-09-23 16:00 UTC |
| grvt | 180 | -5.3032% | -64.57% | +0.0585% | -0.3400% | 2026-09-23 16:00 UTC |
| BloFin | 180 | -5.3373% | -64.98% | +0.0189% | -0.3625% | 2026-09-23 16:00 UTC |
| Bitget | 180 | -5.4043% | -65.80% | +0.0298% | -0.3479% | 2026-09-23 16:00 UTC |
| OKX | 180 | -5.4573% | -66.44% | +0.0177% | -0.3621% | 2026-09-23 16:00 UTC |
| Pionex | 180 | -5.5610% | -67.70% | +0.0512% | -0.3218% | 2026-09-23 16:00 UTC |
| Bitunix | 180 | -5.7382% | -69.86% | +0.0187% | -0.3627% | 2026-09-23 16:00 UTC |
| Hotcoin | 180 | -5.8544% | -71.28% | +0.0588% | -0.4244% | 2026-09-23 16:00 UTC |

## FAQ

### Is the BRENT 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 42% of the 5,490 settlements recorded here.

### Which exchange has paid the most settled BRENT funding recently?

PopDEX paid the most over the last 30 days at -1.6170% of position size across 719 settlements, an average annualized rate of -19.71%. This is a sum of actual payments, not a forecast.

### How often is BRENT funding actually paid?

Over the last 30 days, ORBIT recorded 5,490 funding settlements for BRENT across 20 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.

### What is the widest settled BRENT funding spread between venues?

Over the last 30 days, settled totals ranged from -1.6170% on PopDEX to -5.8544% on Hotcoin. That gap is what a position holding both legs — long on the venue that paid least, short on the one that paid most — would have collected before fees and slippage. Check the current spread on the live screener, since settled history describes the past, not the next payment.

Live rates: https://orbitperpscreener.com/markets/asset/BRENT · Screener: https://orbitperpscreener.com/screener
