# MEGA funding rate history — settled payments by exchange

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

What MEGA (MegaETH) actually paid over the last 30 days: 8,579 settlements across 24 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. Backpack paid the most over the window at +2.5517% 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 79% of the 8,579 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +2.5517% on Backpack to -2.9671% on Crypto.com — 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 |
|---|---:|---:|---:|---:|---:|---|
| Backpack | 720 | +2.5517% | +31.07% | +0.0176% | -0.0066% | 2026-11-14 10:00 UTC |
| Toobit | 180 | +1.0430% | +12.70% | +0.0250% | -0.0118% | 2026-11-14 08:00 UTC |
| Hyperliquid | 720 | +0.9421% | +11.47% | +0.0156% | -0.0111% | 2026-11-14 10:00 UTC |
| Aster | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-11-14 08:00 UTC |
| grvt | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-11-14 08:00 UTC |
| BingX | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-11-14 08:00 UTC |
| Bitget | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-11-14 08:00 UTC |
| Pacifica | 720 | +0.9000% | +10.96% | +0.0013% | +0.0013% | 2026-11-14 10:00 UTC |
| KuCoin | 180 | +0.8738% | +10.64% | +0.0050% | -0.0106% | 2026-11-14 08:00 UTC |
| ApeX | 720 | +0.8391% | +10.22% | +0.0013% | -0.0041% | 2026-11-14 10:00 UTC |
| Gate.io | 180 | +0.8052% | +9.80% | +0.0050% | -0.0085% | 2026-11-14 08:00 UTC |
| Hotcoin | 180 | +0.7881% | +9.60% | +0.0100% | -0.0118% | 2026-11-14 08:00 UTC |
| Pionex | 180 | +0.6001% | +7.31% | +0.0050% | -0.0122% | 2026-11-14 08:00 UTC |
| BloFin | 180 | +0.5908% | +7.19% | +0.0079% | -0.0097% | 2026-11-14 08:00 UTC |
| WEEX | 180 | +0.5724% | +6.97% | +0.0050% | -0.0118% | 2026-11-14 08:00 UTC |
| Extended | 720 | +0.5722% | +6.97% | +0.0013% | -0.0099% | 2026-11-14 10:00 UTC |
| Binance Futures | 180 | +0.5720% | +6.96% | +0.0050% | -0.0118% | 2026-11-14 08:00 UTC |
| MEXC | 180 | +0.5718% | +6.96% | +0.0050% | -0.0118% | 2026-11-14 08:00 UTC |
| Bitunix | 180 | +0.5642% | +6.87% | +0.0050% | -0.0117% | 2026-11-14 08:00 UTC |
| Bybit | 180 | +0.1310% | +1.59% | +0.0050% | -0.0290% | 2026-11-14 08:00 UTC |
| Decibel | 659 | +0.0841% | +1.12% | +0.0016% | -0.0217% | 2026-11-14 10:00 UTC |
| OKX | 180 | +0.0524% | +0.64% | +0.0050% | -0.0259% | 2026-11-14 08:00 UTC |
| Phoenix | 720 | -0.0052% | -0.06% | +0.0046% | -0.0084% | 2026-11-14 10:00 UTC |
| Crypto.com | 720 | -2.9671% | -36.12% | +0.0122% | -0.0215% | 2026-11-14 10:00 UTC |

## FAQ

### Is the MEGA 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 79% of the 8,579 settlements recorded here.

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

Backpack paid the most over the last 30 days at +2.5517% of position size across 720 settlements, an average annualized rate of +31.07%. This is a sum of actual payments, not a forecast.

### How often is MEGA funding actually paid?

Over the last 30 days, ORBIT recorded 8,579 funding settlements for MEGA across 24 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 MEGA funding spread between venues?

Over the last 30 days, settled totals ranged from +2.5517% on Backpack to -2.9671% on Crypto.com. 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/MEGA · Screener: https://orbitperpscreener.com/screener
