# MEGA funding rate history — settled payments by exchange

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

What MEGA (MegaETH) actually paid over the last 30 days: 7,481 settlements across 22 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. Hyperliquid paid the most over the window at +1.4741% 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 84% of the 7,481 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +1.4741% on Hyperliquid to -0.7026% 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 |
|---|---:|---:|---:|---:|---:|---|
| Hyperliquid | 719 | +1.4741% | +17.97% | +0.0200% | +0.0013% | 2026-09-23 18:00 UTC |
| Backpack | 720 | +0.9510% | +11.58% | +0.0317% | -0.0156% | 2026-09-23 19:00 UTC |
| KuCoin | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC |
| BingX | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC |
| grvt | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC |
| Bitget | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC |
| Pacifica | 718 | +0.8993% | +10.98% | +0.0031% | +0.0013% | 2026-09-23 19:00 UTC |
| Aster | 466 | +0.8906% | +4.19% | +0.0050% | -0.0005% | 2026-09-23 16:00 UTC |
| ApeX | 720 | +0.8146% | +9.92% | +0.0013% | -0.0031% | 2026-09-23 19:00 UTC |
| OKX | 180 | +0.7711% | +9.39% | +0.0050% | -0.0123% | 2026-09-23 16:00 UTC |
| BloFin | 180 | +0.6776% | +8.25% | +0.0115% | -0.0132% | 2026-09-23 16:00 UTC |
| Extended | 719 | +0.6629% | +8.08% | +0.0013% | -0.0038% | 2026-09-23 18:00 UTC |
| Pionex | 180 | +0.6548% | +7.97% | +0.0050% | -0.0131% | 2026-09-23 16:00 UTC |
| Toobit | 180 | +0.6523% | +7.94% | +0.0085% | -0.0128% | 2026-09-23 16:00 UTC |
| Bitunix | 180 | +0.6358% | +7.74% | +0.0050% | -0.0123% | 2026-09-23 16:00 UTC |
| WEEX | 180 | +0.6269% | +7.63% | +0.0050% | -0.0128% | 2026-09-23 16:00 UTC |
| Hotcoin | 180 | +0.6267% | +7.63% | +0.0050% | -0.0128% | 2026-09-23 16:01 UTC |
| Binance Futures | 180 | +0.6264% | +7.63% | +0.0050% | -0.0128% | 2026-09-23 16:00 UTC |
| MEXC | 180 | +0.6262% | +7.62% | +0.0050% | -0.0127% | 2026-09-23 16:00 UTC |
| Gate.io | 180 | +0.4930% | +6.00% | +0.0050% | -0.0267% | 2026-09-23 16:00 UTC |
| Bybit | 180 | +0.2780% | +3.38% | +0.0050% | -0.0240% | 2026-09-23 16:00 UTC |
| Phoenix | 719 | -0.7026% | -8.57% | +0.0046% | -0.0072% | 2026-09-23 18:00 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 84% of the 7,481 settlements recorded here.

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

Hyperliquid paid the most over the last 30 days at +1.4741% of position size across 719 settlements, an average annualized rate of +17.97%. This is a sum of actual payments, not a forecast.

### How often is MEGA funding actually paid?

Over the last 30 days, ORBIT recorded 7,481 funding settlements for MEGA across 22 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 +1.4741% on Hyperliquid to -0.7026% 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/MEGA · Screener: https://orbitperpscreener.com/screener