# PIPPIN funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/PIPPIN/funding · window: last 30 days · generated 2026-09-23T19:06 UTC

What PIPPIN (pippin) actually paid over the last 30 days: 4,045 settlements across 18 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 +7.0318% 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 96% of the 4,045 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +7.0318% on Toobit to +1.4246% 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 | +7.0318% | +85.61% | +0.1459% | +0.0041% | 2026-09-23 16:00 UTC |
| BingX | 180 | +4.5165% | +54.99% | +0.1619% | +0.0050% | 2026-09-23 16:00 UTC |
| KuCoin | 180 | +3.6206% | +44.08% | +0.1077% | -0.0650% | 2026-09-23 16:00 UTC |
| Bitget | 180 | +3.1413% | +38.25% | +0.1758% | -0.2539% | 2026-09-23 16:00 UTC |
| Pionex | 180 | +2.2686% | +27.62% | +0.0738% | -0.0034% | 2026-09-23 16:00 UTC |
| HTX | 180 | +2.2185% | +27.01% | +0.0980% | -0.0743% | 2026-09-23 16:00 UTC |
| MEXC | 180 | +2.1608% | +26.31% | +0.0731% | -0.0046% | 2026-09-23 16:00 UTC |
| Hotcoin | 180 | +2.1590% | +26.29% | +0.0722% | -0.0048% | 2026-09-23 16:00 UTC |
| WEEX | 180 | +2.1590% | +26.29% | +0.0722% | -0.0048% | 2026-09-23 16:00 UTC |
| BloFin | 180 | +2.1531% | +26.21% | +0.0705% | -0.0032% | 2026-09-23 16:00 UTC |
| Binance Futures | 180 | +2.1504% | +26.18% | +0.0722% | -0.0048% | 2026-09-23 16:00 UTC |
| BitMart | 180 | +2.1426% | +26.09% | +0.0693% | -0.0046% | 2026-09-23 16:00 UTC |
| OKX | 180 | +2.0989% | +25.55% | +0.0502% | +0.0050% | 2026-09-23 16:00 UTC |
| Pacifica | 718 | +2.0921% | +25.54% | +0.0415% | -0.0115% | 2026-09-23 19:00 UTC |
| Bitunix | 180 | +2.0518% | +24.98% | +0.0750% | -0.0005% | 2026-09-23 16:00 UTC |
| Aster | 447 | +1.8786% | +9.21% | +0.0825% | -0.0323% | 2026-09-23 16:00 UTC |
| Gate.io | 180 | +1.6486% | +20.07% | +0.0390% | -0.0064% | 2026-09-23 16:00 UTC |
| Bybit | 180 | +1.4246% | +17.34% | +0.0535% | +0.0050% | 2026-09-23 16:00 UTC |

## FAQ

### Is the PIPPIN 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 96% of the 4,045 settlements recorded here.

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

Toobit paid the most over the last 30 days at +7.0318% of position size across 180 settlements, an average annualized rate of +85.61%. This is a sum of actual payments, not a forecast.

### How often is PIPPIN funding actually paid?

Over the last 30 days, ORBIT recorded 4,045 funding settlements for PIPPIN across 18 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 PIPPIN funding spread between venues?

Over the last 30 days, settled totals ranged from +7.0318% on Toobit to +1.4246% 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/PIPPIN · Screener: https://orbitperpscreener.com/screener