# ON funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/ON/funding · window: last 30 days · generated 2026-10-01T05:42 UTC

What ON (Orochi Network) actually paid over the last 30 days: 2,106 settlements across 11 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 +5.0039% 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 100% of the 2,106 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +5.0039% on Aster to +1.1000% on KuCoin — 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 | 306 | +5.0039% | +35.84% | +0.1284% | +0.0013% | 2026-10-01 04:00 UTC |
| Toobit | 180 | +2.1082% | +25.67% | +0.0757% | +0.0050% | 2026-10-01 04:00 UTC |
| BingX | 180 | +1.9087% | +23.24% | +0.0805% | +0.0050% | 2026-10-01 04:00 UTC |
| Pionex | 180 | +1.7035% | +20.74% | +0.0776% | +0.0050% | 2026-10-01 04:00 UTC |
| edgeX V2 | 180 | +1.6263% | +19.80% | +0.0754% | +0.0041% | 2026-10-01 04:00 UTC |
| MEXC | 180 | +1.6197% | +19.72% | +0.0756% | +0.0050% | 2026-10-01 04:00 UTC |
| WEEX | 180 | +1.6197% | +19.72% | +0.0757% | +0.0050% | 2026-10-01 04:00 UTC |
| Binance Futures | 180 | +1.6181% | +19.70% | +0.0755% | +0.0050% | 2026-10-01 04:00 UTC |
| Bitunix | 180 | +1.5706% | +19.12% | +0.0789% | +0.0050% | 2026-10-01 04:00 UTC |
| Gate.io | 180 | +1.1366% | +13.84% | +0.0503% | +0.0050% | 2026-10-01 04:00 UTC |
| KuCoin | 180 | +1.1000% | +13.39% | +0.0749% | -0.0065% | 2026-10-01 04:00 UTC |

## FAQ

### Is the ON 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 100% of the 2,106 settlements recorded here.

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

Aster paid the most over the last 30 days at +5.0039% of position size across 306 settlements, an average annualized rate of +35.84%. This is a sum of actual payments, not a forecast.

### How often is ON funding actually paid?

Over the last 30 days, ORBIT recorded 2,106 funding settlements for ON across 11 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 ON funding spread between venues?

Over the last 30 days, settled totals ranged from +5.0039% on Aster to +1.1000% on KuCoin. 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/ON · Screener: https://orbitperpscreener.com/screener