# COIN funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/COIN/funding · window: last 30 days · generated 2026-11-14T10:53 UTC

What COIN (Coinbase) actually paid over the last 30 days: 9,020 settlements across 29 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. Phoenix paid the most over the window at +1.6357% 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 80% of the 9,020 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +1.6357% on Phoenix to +0.0242% on ApeX — 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 |
|---|---:|---:|---:|---:|---:|---|
| Phoenix | 719 | +1.6357% | +19.94% | +0.0127% | -0.0305% | 2026-11-14 10:00 UTC |
| Toobit | 90 | +1.5938% | +19.40% | +0.0895% | -0.0662% | 2026-11-14 08:00 UTC |
| KuCoin | 90 | +1.5297% | +18.62% | +0.0943% | -0.0391% | 2026-11-14 08:00 UTC |
| Decibel | 661 | +1.3845% | +18.36% | +0.0518% | -0.0682% | 2026-11-14 10:00 UTC |
| Crypto.com | 720 | +1.3367% | +16.27% | +0.0215% | -0.0160% | 2026-11-14 10:00 UTC |
| BloFin | 90 | +1.2860% | +15.66% | +0.1163% | -0.0741% | 2026-11-14 08:00 UTC |
| Hotcoin | 90 | +1.1103% | +13.52% | +0.1465% | -0.0849% | 2026-11-14 08:00 UTC |
| Arcus | 720 | +0.9545% | +11.62% | +0.0128% | -0.0079% | 2026-11-14 10:00 UTC |
| Bybit | 90 | +0.8441% | +10.28% | +0.1170% | -0.0724% | 2026-11-14 08:00 UTC |
| Bitget | 90 | +0.8291% | +10.09% | +0.0590% | -0.0615% | 2026-11-14 08:00 UTC |
| WOOFi Pro | 90 | +0.7599% | +9.25% | +0.0193% | -0.0564% | 2026-11-14 08:00 UTC |
| Gate.io | 90 | +0.6256% | +7.62% | +0.1007% | +0.0000% | 2026-11-14 08:00 UTC |
| WEEX | 90 | +0.6221% | +7.57% | +0.0895% | -0.0862% | 2026-11-14 08:00 UTC |
| HTX | 90 | +0.6013% | +7.32% | +0.0569% | -0.0249% | 2026-11-14 08:00 UTC |
| OKX | 90 | +0.5640% | +6.87% | +0.0654% | -0.0549% | 2026-11-14 08:00 UTC |
| Bitunix | 90 | +0.5460% | +6.65% | +0.0826% | -0.0769% | 2026-11-14 08:00 UTC |
| Pionex | 90 | +0.5369% | +6.54% | +0.0908% | -0.0652% | 2026-11-14 08:00 UTC |
| trade[XYZ] (mirrors hyperliquid) | 720 | +0.5123% | +6.24% | +0.0294% | -0.0438% | 2026-11-14 10:00 UTC |
| Polymarket | 720 | +0.4627% | +5.63% | +0.0285% | -0.0357% | 2026-11-14 10:00 UTC |
| grvt | 90 | +0.4210% | +5.13% | +0.0965% | -0.0847% | 2026-11-14 08:00 UTC |
| Binance Futures | 90 | +0.4135% | +5.03% | +0.0902% | -0.0871% | 2026-11-14 08:00 UTC |
| edgeX V2 | 180 | +0.4129% | +5.03% | +0.0497% | -0.0494% | 2026-11-14 08:00 UTC |
| MEXC | 90 | +0.4114% | +5.01% | +0.0894% | -0.0861% | 2026-11-14 08:00 UTC |
| PopDEX | 719 | +0.3922% | +4.78% | +0.0468% | -0.0708% | 2026-11-14 10:00 UTC |
| Lighter Robinhood | 720 | +0.3461% | +4.21% | +0.0260% | -0.0411% | 2026-11-14 10:00 UTC |
| Aster | 90 | +0.2484% | +3.02% | +0.0855% | -0.0894% | 2026-11-14 08:00 UTC |
| Ondo | 720 | +0.2187% | +2.66% | +0.0421% | -0.0701% | 2026-11-14 10:00 UTC |
| QFEX | 720 | +0.1650% | +2.01% | +0.0070% | -0.0030% | 2026-11-14 10:00 UTC |
| ApeX | 171 | +0.0242% | +1.24% | +0.0050% | -0.0511% | 2026-11-14 10:00 UTC |

## FAQ

### Is the COIN 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 80% of the 9,020 settlements recorded here.

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

Phoenix paid the most over the last 30 days at +1.6357% of position size across 719 settlements, an average annualized rate of +19.94%. This is a sum of actual payments, not a forecast.

### How often is COIN funding actually paid?

Over the last 30 days, ORBIT recorded 9,020 funding settlements for COIN across 29 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 COIN funding spread between venues?

Over the last 30 days, settled totals ranged from +1.6357% on Phoenix to +0.0242% on ApeX. 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/COIN · Screener: https://orbitperpscreener.com/screener