# NCLD funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/NCLD/funding · window: last 30 days · generated 2026-10-01T05:25 UTC

What NCLD (NCLD (Compute ETF)) actually paid over the last 30 days: 1,873 settlements across 4 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. trade[XYZ] paid the most over the window at +0.9696% 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 39% of the 1,873 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +0.9696% on trade[XYZ] to +0.0000% 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 |
|---|---:|---:|---:|---:|---:|---|
| trade[XYZ] (mirrors hyperliquid) | 720 | +0.9696% | +11.81% | +0.1080% | -0.0684% | 2026-10-01 04:00 UTC |
| Polymarket | 343 | +0.5754% | +14.71% | +0.0421% | -0.0266% | 2026-10-01 04:00 UTC |
| QFEX | 720 | +0.1405% | +1.71% | +0.0390% | -0.0190% | 2026-10-01 04:00 UTC |
| Bybit | 90 | +0.0000% | +0.00% | +0.0000% | +0.0000% | 2026-10-01 00:00 UTC |

## FAQ

### Is the NCLD 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 39% of the 1,873 settlements recorded here.

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

trade[XYZ] paid the most over the last 30 days at +0.9696% of position size across 720 settlements, an average annualized rate of +11.81%. This is a sum of actual payments, not a forecast.

### How often is NCLD funding actually paid?

Over the last 30 days, ORBIT recorded 1,873 funding settlements for NCLD across 4 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 NCLD funding spread between venues?

Over the last 30 days, settled totals ranged from +0.9696% on trade[XYZ] to +0.0000% 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/NCLD · Screener: https://orbitperpscreener.com/screener