# BTC funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/BTC/funding · window: last 30 days · generated 2026-11-14T10:52 UTC

What BTC actually paid over the last 30 days: 14,976 settlements across 40 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. Bluefin paid the most over the window at +4.1629% 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 94% of the 14,976 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +4.1629% on Bluefin to +0.4464% on dYdX — 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 |
|---|---:|---:|---:|---:|---:|---|
| Bluefin | 720 | +4.1629% | +50.68% | +0.1000% | -0.0296% | 2026-11-14 10:00 UTC |
| Aftermath | 720 | +3.7531% | +45.69% | +0.0130% | -0.0061% | 2026-11-14 10:00 UTC |
| BloFin | 90 | +1.4864% | +18.10% | +0.0220% | +0.0017% | 2026-11-14 08:00 UTC |
| Phoenix | 720 | +1.1797% | +14.36% | +0.0046% | -0.0016% | 2026-11-14 10:00 UTC |
| Katana Perps | 90 | +0.8989% | +10.94% | +0.0102% | +0.0089% | 2026-11-14 08:00 UTC |
| Meridian | 720 | +0.8838% | +10.76% | +0.0100% | -0.0074% | 2026-11-14 10:00 UTC |
| PopDEX | 720 | +0.8766% | +10.67% | +0.0103% | -0.0191% | 2026-11-14 10:00 UTC |
| Pacifica | 720 | +0.8657% | +10.54% | +0.0013% | -0.0034% | 2026-11-14 10:00 UTC |
| edgeX V2 | 180 | +0.8578% | +10.44% | +0.0050% | -0.0057% | 2026-11-14 08:00 UTC |
| Extended | 720 | +0.8408% | +10.24% | +0.0013% | -0.0046% | 2026-11-14 10:00 UTC |
| Backpack | 720 | +0.8309% | +10.12% | +0.0013% | -0.0016% | 2026-11-14 10:00 UTC |
| Decibel | 662 | +0.8062% | +10.68% | +0.0015% | +0.0002% | 2026-11-14 10:00 UTC |
| Polymarket | 720 | +0.8038% | +9.79% | +0.0013% | -0.0026% | 2026-11-14 10:00 UTC |
| Hyperliquid | 720 | +0.7914% | +9.63% | +0.0013% | -0.0018% | 2026-11-14 10:00 UTC |
| Bullpen (mirrors hyperliquid) | 720 | +0.7914% | +9.63% | +0.0013% | -0.0018% | 2026-11-14 10:00 UTC |
| Lighter Robinhood | 720 | +0.7905% | +9.62% | +0.0012% | -0.0004% | 2026-11-14 10:00 UTC |
| BingX | 90 | +0.7856% | +9.56% | +0.0100% | +0.0014% | 2026-11-14 08:00 UTC |
| Arcus | 720 | +0.7680% | +9.35% | +0.0040% | -0.0046% | 2026-11-14 10:00 UTC |
| WOOFi Pro | 90 | +0.7605% | +9.26% | +0.0101% | -0.0073% | 2026-11-14 08:00 UTC |
| Crypto.com | 720 | +0.7591% | +9.24% | +0.0038% | -0.0018% | 2026-11-14 10:00 UTC |
| ApeX | 720 | +0.7387% | +8.99% | +0.0013% | -0.0036% | 2026-11-14 10:00 UTC |
| Aster | 90 | +0.7385% | +8.99% | +0.0100% | -0.0024% | 2026-11-14 08:00 UTC |
| Ondo | 720 | +0.7345% | +8.94% | +0.0013% | -0.0050% | 2026-11-14 10:00 UTC |
| Paradex | 94 | +0.7280% | +8.49% | +0.0100% | -0.0075% | 2026-11-14 08:00 UTC |
| grvt | 90 | +0.7269% | +8.85% | +0.0100% | -0.0055% | 2026-11-14 08:00 UTC |
| HTX | 90 | +0.7133% | +8.68% | +0.0100% | -0.0039% | 2026-11-14 08:00 UTC |
| Hotcoin | 90 | +0.6984% | +8.50% | +0.0149% | -0.0134% | 2026-11-14 08:00 UTC |
| KuCoin | 90 | +0.6639% | +8.08% | +0.0100% | -0.0055% | 2026-11-14 08:00 UTC |
| Pionex | 90 | +0.6548% | +7.97% | +0.0100% | -0.0015% | 2026-11-14 08:00 UTC |
| Toobit | 90 | +0.6270% | +7.63% | +0.0100% | -0.0014% | 2026-11-14 08:00 UTC |
| WEEX | 90 | +0.6270% | +7.63% | +0.0100% | -0.0014% | 2026-11-14 08:00 UTC |
| Binance Futures | 90 | +0.6269% | +7.63% | +0.0100% | -0.0014% | 2026-11-14 08:00 UTC |
| MEXC | 90 | +0.6246% | +7.60% | +0.0100% | -0.0014% | 2026-11-14 08:00 UTC |
| OKX | 90 | +0.6228% | +7.58% | +0.0100% | -0.0064% | 2026-11-14 08:00 UTC |
| Bitunix | 90 | +0.6112% | +7.44% | +0.0100% | -0.0051% | 2026-11-14 08:00 UTC |
| Gate.io | 90 | +0.5941% | +7.23% | +0.0100% | -0.0020% | 2026-11-14 08:00 UTC |
| Bitget | 90 | +0.5904% | +7.19% | +0.0100% | -0.0038% | 2026-11-14 08:00 UTC |
| Bybit | 90 | +0.5670% | +6.90% | +0.0100% | -0.0033% | 2026-11-14 08:00 UTC |
| Phemex | 90 | +0.5315% | +6.47% | +0.0100% | -0.0066% | 2026-11-14 08:00 UTC |
| dYdX | 720 | +0.4464% | +5.44% | +0.0078% | -0.0026% | 2026-11-14 10:00 UTC |

## FAQ

### Is the BTC 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 94% of the 14,976 settlements recorded here.

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

Bluefin paid the most over the last 30 days at +4.1629% of position size across 720 settlements, an average annualized rate of +50.68%. This is a sum of actual payments, not a forecast.

### How often is BTC funding actually paid?

Over the last 30 days, ORBIT recorded 14,976 funding settlements for BTC across 40 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 BTC funding spread between venues?

Over the last 30 days, settled totals ranged from +4.1629% on Bluefin to +0.4464% on dYdX. 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/BTC · Screener: https://orbitperpscreener.com/screener