# NBIS funding rate history — settled payments by exchange

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

What NBIS (Nebius (NBIS)) actually paid over the last 30 days: 8,189 settlements across 27 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 +1.6978% 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 76% of the 8,189 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +1.6978% on Phoenix to +0.0000% on Phemex — 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 | +1.6978% | +20.70% | +0.0266% | -0.0227% | 2026-11-14 10:00 UTC |
| Entropy (mirrors hyperliquid) | 720 | +1.6173% | +19.69% | +0.0132% | -0.0101% | 2026-11-14 10:00 UTC |
| Crypto.com | 720 | +1.4870% | +18.10% | +0.0141% | -0.0192% | 2026-11-14 10:00 UTC |
| Arcus | 720 | +1.4253% | +17.35% | +0.0193% | -0.0077% | 2026-11-14 10:00 UTC |
| Polymarket | 720 | +1.2597% | +15.34% | +0.0552% | -0.0638% | 2026-11-14 10:00 UTC |
| Bybit | 90 | +1.2504% | +15.22% | +0.2753% | -0.0970% | 2026-11-14 08:00 UTC |
| Hotcoin | 90 | +1.2351% | +15.04% | +0.2623% | -0.0452% | 2026-11-14 08:01 UTC |
| BloFin | 90 | +1.0533% | +12.82% | +0.2642% | -0.1072% | 2026-11-14 08:00 UTC |
| Bitget | 90 | +1.0363% | +12.62% | +0.1902% | -0.0639% | 2026-11-14 08:00 UTC |
| KuCoin | 90 | +0.9309% | +11.33% | +0.2089% | -0.0827% | 2026-11-14 08:00 UTC |
| Toobit | 90 | +0.9021% | +10.98% | +0.2623% | -0.1078% | 2026-11-14 08:00 UTC |
| WOOFi Pro | 90 | +0.8751% | +10.65% | +0.0781% | -0.0418% | 2026-11-14 08:00 UTC |
| HTX | 90 | +0.8615% | +10.49% | +0.0966% | -0.0168% | 2026-11-14 08:00 UTC |
| Bitunix | 90 | +0.8368% | +10.19% | +0.1784% | -0.1002% | 2026-11-14 08:00 UTC |
| Binance Futures | 90 | +0.8262% | +10.06% | +0.2634% | -0.1090% | 2026-11-14 08:00 UTC |
| MEXC | 90 | +0.8185% | +9.97% | +0.2622% | -0.1062% | 2026-11-14 08:00 UTC |
| Extended | 720 | +0.8161% | +9.94% | +0.0328% | -0.0208% | 2026-11-14 10:00 UTC |
| trade[XYZ] (mirrors hyperliquid) | 720 | +0.8087% | +9.85% | +0.0591% | -0.0681% | 2026-11-14 10:00 UTC |
| grvt | 90 | +0.7614% | +9.27% | +0.2638% | -0.1100% | 2026-11-14 08:00 UTC |
| OKX | 90 | +0.6550% | +7.97% | +0.2151% | -0.0948% | 2026-11-14 08:00 UTC |
| edgeX V2 | 180 | +0.6384% | +7.77% | +0.0497% | -0.0498% | 2026-11-14 08:00 UTC |
| WEEX | 90 | +0.5676% | +6.91% | +0.2623% | -0.1078% | 2026-11-14 08:00 UTC |
| Gate.io | 90 | +0.4370% | +5.32% | +0.0689% | +0.0000% | 2026-11-14 08:00 UTC |
| Ondo | 720 | +0.4217% | +5.13% | +0.0870% | -0.0859% | 2026-11-14 10:00 UTC |
| Aster | 90 | +0.3051% | +3.71% | +0.2508% | -0.1208% | 2026-11-14 08:00 UTC |
| QFEX | 720 | +0.2681% | +3.26% | +0.0090% | -0.0020% | 2026-11-14 10:00 UTC |
| Phemex | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-11-14 08:00 UTC |

## FAQ

### Is the NBIS 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 76% of the 8,189 settlements recorded here.

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

Phoenix paid the most over the last 30 days at +1.6978% of position size across 719 settlements, an average annualized rate of +20.70%. This is a sum of actual payments, not a forecast.

### How often is NBIS funding actually paid?

Over the last 30 days, ORBIT recorded 8,189 funding settlements for NBIS across 27 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 NBIS funding spread between venues?

Over the last 30 days, settled totals ranged from +1.6978% on Phoenix to +0.0000% on Phemex. 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/NBIS · Screener: https://orbitperpscreener.com/screener