# PHAROS funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/PHAROS/funding · window: last 30 days · generated 2026-09-28T00:33 UTC

What PHAROS (Pharos) actually paid over the last 30 days: 1,440 settlements across 8 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. Toobit paid the most over the window at +3.4456% 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 1,440 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +3.4456% on Toobit to +1.5619% 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 |
|---|---:|---:|---:|---:|---:|---|
| Toobit | 180 | +3.4456% | +41.95% | +0.1392% | +0.0050% | 2026-09-27 20:00 UTC |
| Binance Futures | 180 | +3.4259% | +41.71% | +0.1392% | +0.0050% | 2026-09-27 20:00 UTC |
| WEEX | 180 | +3.4125% | +41.55% | +0.1392% | +0.0050% | 2026-09-27 20:00 UTC |
| MEXC | 180 | +3.4096% | +41.51% | +0.1409% | +0.0050% | 2026-09-27 20:00 UTC |
| BloFin | 180 | +3.3950% | +41.33% | +0.1412% | +0.0020% | 2026-09-27 20:00 UTC |
| Bitunix | 180 | +3.2341% | +39.37% | +0.1465% | +0.0050% | 2026-09-27 20:00 UTC |
| BingX | 180 | +3.0215% | +36.79% | +0.1056% | -0.0130% | 2026-09-27 20:00 UTC |
| Bybit | 180 | +1.5619% | +19.02% | +0.3478% | -0.0061% | 2026-09-27 20:00 UTC |

## FAQ

### Is the PHAROS 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 1,440 settlements recorded here.

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

Toobit paid the most over the last 30 days at +3.4456% of position size across 180 settlements, an average annualized rate of +41.95%. This is a sum of actual payments, not a forecast.

### How often is PHAROS funding actually paid?

Over the last 30 days, ORBIT recorded 1,440 funding settlements for PHAROS across 8 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 PHAROS funding spread between venues?

Over the last 30 days, settled totals ranged from +3.4456% on Toobit to +1.5619% 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/PHAROS · Screener: https://orbitperpscreener.com/screener