# MTL funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/MTL/funding · window: last 30 days · generated 2026-10-01T05:40 UTC

What MTL (Metal DAO) actually paid over the last 30 days: 2,968 settlements across 12 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. Aster paid the most over the window at -4.8595% 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 42% of the 2,968 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from -4.8595% on Aster to -26.7580% on Bybit — 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 |
|---|---:|---:|---:|---:|---:|---|
| Aster | 256 | -4.8595% | -41.60% | +0.0050% | -0.2957% | 2026-10-01 04:00 UTC |
| KuCoin | 241 | -19.8754% | -180.73% | +0.0100% | -2.0000% | 2026-10-01 04:00 UTC |
| Bitget | 255 | -20.1037% | -172.77% | +0.0100% | -2.0000% | 2026-10-01 04:00 UTC |
| Bitunix | 253 | -20.4681% | -177.30% | +0.0100% | -2.0000% | 2026-10-01 01:00 UTC |
| Gate.io | 240 | -20.4751% | -186.96% | +0.0100% | -2.0000% | 2026-10-01 04:00 UTC |
| BingX | 254 | -20.7907% | -179.38% | +0.0100% | -1.8000% | 2026-10-01 04:00 UTC |
| MEXC | 254 | -20.9619% | -180.86% | +0.0100% | -2.0000% | 2026-10-01 04:00 UTC |
| Toobit | 254 | -20.9642% | -180.88% | +0.0100% | -2.0000% | 2026-10-01 04:00 UTC |
| WEEX | 254 | -20.9642% | -180.88% | +0.0100% | -2.0000% | 2026-10-01 04:00 UTC |
| BloFin | 254 | -20.9732% | -180.96% | +0.0126% | -2.0024% | 2026-10-01 04:00 UTC |
| Binance Futures | 254 | -20.9858% | -181.06% | +0.0100% | -2.0000% | 2026-10-01 04:00 UTC |
| Bybit | 199 | -26.7580% | -147.34% | +0.1603% | -2.0000% | 2026-10-01 00:00 UTC |

## FAQ

### Is the MTL 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 42% of the 2,968 settlements recorded here.

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

Aster paid the most over the last 30 days at -4.8595% of position size across 256 settlements, an average annualized rate of -41.60%. This is a sum of actual payments, not a forecast.

### How often is MTL funding actually paid?

Over the last 30 days, ORBIT recorded 2,968 funding settlements for MTL across 12 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 MTL funding spread between venues?

Over the last 30 days, settled totals ranged from -4.8595% on Aster to -26.7580% on Bybit. 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/MTL · Screener: https://orbitperpscreener.com/screener
