# JPN225 funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/JPN225/funding · window: last 30 days · generated 2026-10-01T05:48 UTC

What JPN225 (Nikkei 225 Index) actually paid over the last 30 days: 270 settlements across 3 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. Hotcoin paid the most over the window at -0.2764% 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 270 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from -0.2764% on Hotcoin to -0.9604% on Toobit — 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 |
|---|---:|---:|---:|---:|---:|---|
| Hotcoin | 90 | -0.2764% | -3.37% | +0.0010% | -0.2798% | 2026-10-01 00:01 UTC |
| Gate.io | 90 | -0.3087% | -3.76% | +0.0000% | -0.2796% | 2026-10-01 00:00 UTC |
| Toobit | 90 | -0.9604% | -11.69% | +0.0227% | -0.5000% | 2026-10-01 00:00 UTC |

## FAQ

### Is the JPN225 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 270 settlements recorded here.

### Which exchange has paid the most settled JPN225 funding recently?

Hotcoin paid the most over the last 30 days at -0.2764% of position size across 90 settlements, an average annualized rate of -3.37%. This is a sum of actual payments, not a forecast.

### How often is JPN225 funding actually paid?

Over the last 30 days, ORBIT recorded 270 funding settlements for JPN225 across 3 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 JPN225 funding spread between venues?

Over the last 30 days, settled totals ranged from -0.2764% on Hotcoin to -0.9604% on Toobit. 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/JPN225 · Screener: https://orbitperpscreener.com/screener