# LINK funding rate history — settled payments by exchange

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

What LINK actually paid over the last 30 days: 9,095 settlements across 32 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. dYdX paid the most over the window at +2.4470% 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 83% of the 9,095 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +2.4470% on dYdX to -0.3380% on Phoenix — 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 |
|---|---:|---:|---:|---:|---:|---|
| dYdX | 720 | +2.4470% | +29.79% | +0.0264% | +0.0000% | 2026-09-23 19:00 UTC |
| BloFin | 90 | +1.4260% | +17.36% | +0.0361% | -0.0168% | 2026-09-23 16:00 UTC |
| Hyperliquid | 720 | +0.9435% | +11.49% | +0.0076% | -0.0036% | 2026-09-23 19:00 UTC |
| Bullpen (mirrors hyperliquid) | 720 | +0.9435% | +11.49% | +0.0076% | -0.0036% | 2026-09-23 19:00 UTC |
| BitMart | 90 | +0.9430% | +11.48% | +0.0400% | +0.0000% | 2026-09-23 16:00 UTC |
| Aster | 90 | +0.8943% | +10.89% | +0.0100% | +0.0047% | 2026-09-23 16:00 UTC |
| ApeX | 720 | +0.8919% | +10.86% | +0.0013% | -0.0029% | 2026-09-23 19:00 UTC |
| HTX | 90 | +0.8835% | +10.76% | +0.0100% | +0.0041% | 2026-09-23 16:00 UTC |
| BingX | 90 | +0.7379% | +8.98% | +0.0100% | -0.0027% | 2026-09-23 16:00 UTC |
| Backpack | 720 | +0.7160% | +8.72% | +0.0028% | -0.0026% | 2026-09-23 19:00 UTC |
| WOOFi Pro | 90 | +0.6921% | +8.43% | +0.0270% | -0.0199% | 2026-09-23 16:00 UTC |
| PopDEX | 538 | +0.6725% | +10.96% | +0.0013% | +0.0013% | 2026-09-23 19:00 UTC |
| Hotcoin | 90 | +0.6709% | +8.17% | +0.0150% | -0.0053% | 2026-09-23 16:01 UTC |
| Bitget | 90 | +0.6630% | +8.07% | +0.0100% | -0.0120% | 2026-09-23 16:00 UTC |
| Arcus | 502 | +0.6273% | +10.95% | +0.0013% | +0.0011% | 2026-09-23 19:00 UTC |
| KuCoin | 90 | +0.5704% | +6.94% | +0.0100% | -0.0102% | 2026-09-23 16:00 UTC |
| Pionex | 90 | +0.5539% | +6.74% | +0.0100% | -0.0041% | 2026-09-23 16:00 UTC |
| Bitunix | 90 | +0.5347% | +6.51% | +0.0100% | -0.0047% | 2026-09-23 16:00 UTC |
| WEEX | 90 | +0.5115% | +6.23% | +0.0100% | -0.0049% | 2026-09-23 16:00 UTC |
| OKX | 90 | +0.5115% | +6.23% | +0.0100% | -0.0076% | 2026-09-23 16:00 UTC |
| Binance Futures | 90 | +0.5111% | +6.22% | +0.0100% | -0.0049% | 2026-09-23 16:00 UTC |
| MEXC | 90 | +0.5103% | +6.21% | +0.0100% | -0.0048% | 2026-09-23 16:00 UTC |
| Extended | 720 | +0.5017% | +6.11% | +0.0013% | -0.0038% | 2026-09-23 19:00 UTC |
| edgeX V2 | 180 | +0.4958% | +6.04% | +0.0058% | -0.4000% | 2026-09-23 16:00 UTC |
| Pacifica | 718 | +0.4887% | +5.97% | +0.0013% | -0.0028% | 2026-09-23 19:00 UTC |
| Toobit | 90 | +0.4700% | +5.72% | +0.0100% | -0.0049% | 2026-09-23 16:00 UTC |
| Bybit | 90 | +0.4137% | +5.04% | +0.0100% | -0.0090% | 2026-09-23 16:00 UTC |
| Paradex | 93 | +0.3913% | +4.61% | +0.0100% | -0.0102% | 2026-09-23 16:00 UTC |
| Gate.io | 90 | +0.3776% | +4.60% | +0.0100% | -0.0095% | 2026-09-23 16:00 UTC |
| grvt | 90 | +0.3456% | +4.21% | +0.0100% | -0.0133% | 2026-09-23 16:00 UTC |
| Polymarket | 314 | -0.0312% | -0.87% | +0.0013% | -0.0079% | 2026-09-23 19:00 UTC |
| Phoenix | 720 | -0.3380% | -4.11% | +0.0017% | -0.0021% | 2026-09-23 19:00 UTC |

## FAQ

### Is the LINK 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 83% of the 9,095 settlements recorded here.

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

dYdX paid the most over the last 30 days at +2.4470% of position size across 720 settlements, an average annualized rate of +29.79%. This is a sum of actual payments, not a forecast.

### How often is LINK funding actually paid?

Over the last 30 days, ORBIT recorded 9,095 funding settlements for LINK across 32 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 LINK funding spread between venues?

Over the last 30 days, settled totals ranged from +2.4470% on dYdX to -0.3380% on Phoenix. 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/LINK · Screener: https://orbitperpscreener.com/screener