# MRNA funding rate history — settled payments by exchange

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

What MRNA actually paid over the last 30 days: 7,228 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. Phoenix paid the most over the window at +1.0681% 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 52% of the 7,228 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +1.0681% on Phoenix to -0.7985% on Extended — 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 | +1.0681% | +13.02% | +0.0186% | -0.0167% | 2026-11-14 10:00 UTC |
| Decibel | 659 | +1.0375% | +13.80% | +0.0833% | -0.0298% | 2026-11-14 10:00 UTC |
| edgeX V2 | 180 | +1.0369% | +12.62% | +0.0499% | -0.0492% | 2026-11-14 08:00 UTC |
| Crypto.com | 720 | +0.7930% | +9.65% | +0.0176% | -0.0274% | 2026-11-14 10:00 UTC |
| Hotcoin | 90 | +0.4211% | +5.13% | +0.2425% | -0.0764% | 2026-11-14 08:00 UTC |
| Ondo | 720 | +0.3668% | +4.47% | +0.0817% | -0.0551% | 2026-11-14 10:00 UTC |
| Arcus | 720 | +0.3231% | +3.93% | +0.0188% | -0.0285% | 2026-11-14 10:00 UTC |
| BloFin | 90 | +0.2693% | +3.28% | +0.2405% | -0.0755% | 2026-11-14 08:00 UTC |
| Binance Futures | 90 | +0.2096% | +2.55% | +0.2455% | -0.0770% | 2026-11-14 08:00 UTC |
| Toobit | 90 | +0.2080% | +2.53% | +0.2425% | -0.0764% | 2026-11-14 08:00 UTC |
| grvt | 90 | +0.1643% | +2.00% | +0.2625% | -0.0921% | 2026-11-14 08:00 UTC |
| Bybit | 90 | +0.1617% | +1.97% | +0.2493% | -0.0800% | 2026-11-14 08:00 UTC |
| Bitget | 90 | +0.1611% | +1.96% | +0.1883% | -0.0521% | 2026-11-14 08:00 UTC |
| Bitunix | 90 | +0.1265% | +1.54% | +0.0946% | -0.0423% | 2026-11-14 08:00 UTC |
| Aster | 90 | +0.1059% | +1.29% | +0.0941% | +0.0000% | 2026-11-14 08:00 UTC |
| OKX | 90 | +0.0856% | +1.04% | +0.1005% | -0.0757% | 2026-11-14 08:00 UTC |
| Phemex | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-11-14 08:00 UTC |
| HTX | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-11-14 08:00 UTC |
| QFEX | 720 | -0.0261% | -0.32% | +0.0006% | -0.0010% | 2026-11-14 10:00 UTC |
| KuCoin | 90 | -0.0341% | -0.42% | +0.0585% | -0.1010% | 2026-11-14 08:00 UTC |
| Gate.io | 90 | -0.1292% | -1.57% | +0.0553% | -0.0661% | 2026-11-14 08:00 UTC |
| trade[XYZ] (mirrors hyperliquid) | 720 | -0.7938% | -9.66% | +0.0591% | -0.0313% | 2026-11-14 10:00 UTC |
| WEEX | 90 | -0.7941% | -9.67% | +0.0597% | -0.0758% | 2026-11-14 08:00 UTC |
| Extended | 720 | -0.7985% | -9.72% | +0.0591% | -0.0314% | 2026-11-14 10:00 UTC |

## FAQ

### Is the MRNA 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 52% of the 7,228 settlements recorded here.

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

Phoenix paid the most over the last 30 days at +1.0681% of position size across 719 settlements, an average annualized rate of +13.02%. This is a sum of actual payments, not a forecast.

### How often is MRNA funding actually paid?

Over the last 30 days, ORBIT recorded 7,228 funding settlements for MRNA 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 MRNA funding spread between venues?

Over the last 30 days, settled totals ranged from +1.0681% on Phoenix to -0.7985% on Extended. 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/MRNA · Screener: https://orbitperpscreener.com/screener