# BTC funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/BTC/funding · window: last 30 days · generated 2026-09-23T19:05 UTC

What BTC actually paid over the last 30 days: 12,055 settlements across 35 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. Arcus paid the most over the window at +0.8949% 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 86% of the 12,055 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +0.8949% on Arcus to -0.2311% 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 |
|---|---:|---:|---:|---:|---:|---|
| Arcus | 720 | +0.8949% | +10.90% | +0.0105% | -0.0047% | 2026-09-23 19:00 UTC |
| Extended | 719 | +0.8660% | +10.56% | +0.0013% | -0.0013% | 2026-09-23 18:00 UTC |
| Lighter Robinhood | 720 | +0.7783% | +9.48% | +0.0012% | +0.0000% | 2026-09-23 19:00 UTC |
| Bullpen (mirrors hyperliquid) | 720 | +0.7761% | +9.45% | +0.0090% | -0.0016% | 2026-09-23 19:00 UTC |
| Hyperliquid | 719 | +0.7749% | +9.45% | +0.0090% | -0.0016% | 2026-09-23 18:00 UTC |
| Paradex | 91 | +0.7689% | +9.26% | +0.0101% | +0.0026% | 2026-09-23 16:00 UTC |
| Polymarket | 719 | +0.7641% | +9.32% | +0.0013% | -0.0011% | 2026-09-23 19:00 UTC |
| Pacifica | 718 | +0.7624% | +9.31% | +0.0013% | -0.0020% | 2026-09-23 19:00 UTC |
| WOOFi Pro | 90 | +0.7404% | +9.01% | +0.0101% | -0.0072% | 2026-09-23 16:00 UTC |
| StandX | 720 | +0.7305% | +8.89% | +0.0013% | -0.0022% | 2026-09-23 19:00 UTC |
| Phoenix | 720 | +0.7253% | +8.83% | +0.0045% | -0.0040% | 2026-09-23 19:00 UTC |
| Backpack | 720 | +0.6814% | +8.30% | +0.0013% | -0.0045% | 2026-09-23 19:00 UTC |
| grvt | 90 | +0.6040% | +7.35% | +0.0100% | -0.0067% | 2026-09-23 16:00 UTC |
| Pionex | 90 | +0.6019% | +7.33% | +0.0100% | +0.0000% | 2026-09-23 16:00 UTC |
| BitMart | 90 | +0.5886% | +7.17% | +0.0113% | +0.0000% | 2026-09-23 16:00 UTC |
| WEEX | 90 | +0.5722% | +6.97% | +0.0100% | -0.0002% | 2026-09-23 16:00 UTC |
| Toobit | 90 | +0.5722% | +6.97% | +0.0100% | -0.0002% | 2026-09-23 16:00 UTC |
| Binance Futures | 90 | +0.5715% | +6.96% | +0.0100% | -0.0001% | 2026-09-23 16:00 UTC |
| MEXC | 90 | +0.5689% | +6.93% | +0.0100% | -0.0001% | 2026-09-23 16:00 UTC |
| Bitget | 90 | +0.5376% | +6.55% | +0.0100% | -0.0042% | 2026-09-23 16:00 UTC |
| OKX | 90 | +0.5231% | +6.37% | +0.0100% | -0.0027% | 2026-09-23 16:00 UTC |
| BingX | 90 | +0.5035% | +6.13% | +0.0100% | -0.0042% | 2026-09-23 16:00 UTC |
| HTX | 90 | +0.4976% | +6.06% | +0.0100% | -0.0125% | 2026-09-23 16:00 UTC |
| PopDEX | 719 | +0.4936% | +6.02% | +0.0375% | -0.0375% | 2026-09-23 19:00 UTC |
| Aster | 90 | +0.4784% | +5.82% | +0.0100% | -0.0074% | 2026-09-23 16:00 UTC |
| Bybit | 90 | +0.4605% | +5.61% | +0.0100% | -0.0022% | 2026-09-23 16:00 UTC |
| Ondo | 720 | +0.4056% | +4.94% | +0.0013% | -0.0063% | 2026-09-23 19:00 UTC |
| KuCoin | 90 | +0.3794% | +4.62% | +0.0100% | -0.0052% | 2026-09-23 16:00 UTC |
| BloFin | 90 | +0.3763% | +4.58% | +0.0231% | -0.0160% | 2026-09-23 16:00 UTC |
| Gate.io | 90 | +0.3746% | +4.56% | +0.0100% | -0.0043% | 2026-09-23 16:00 UTC |
| ApeX | 720 | +0.3046% | +3.71% | +0.0013% | -0.0029% | 2026-09-23 19:00 UTC |
| dYdX | 720 | +0.0183% | +0.22% | +0.0026% | -0.0036% | 2026-09-23 19:00 UTC |
| Bitunix | 90 | -0.0526% | -0.64% | +0.0100% | -0.0100% | 2026-09-23 16:00 UTC |
| edgeX V2 | 180 | -0.1434% | -1.75% | +0.0050% | -0.0060% | 2026-09-23 16:00 UTC |
| Hotcoin | 90 | -0.2311% | -2.81% | +0.0132% | -0.0141% | 2026-09-23 16:00 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 86% of the 12,055 settlements recorded here.

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

Arcus paid the most over the last 30 days at +0.8949% of position size across 720 settlements, an average annualized rate of +10.90%. This is a sum of actual payments, not a forecast.

### How often is BTC funding actually paid?

Over the last 30 days, ORBIT recorded 12,055 funding settlements for BTC across 35 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 +0.8949% on Arcus to -0.2311% 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/BTC · Screener: https://orbitperpscreener.com/screener