# RAY funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/RAY/funding · window: last 30 days · generated 2026-09-23T19:05 UTC

What RAY (Raydium) actually paid over the last 30 days: 1,899 settlements across 14 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. WOOFi Pro paid the most over the window at +0.7832% 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 81% of the 1,899 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +0.7832% on WOOFi Pro to -1.8690% on MEXC — 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 |
|---|---:|---:|---:|---:|---:|---|
| WOOFi Pro | 180 | +0.7832% | +9.54% | +0.1064% | -0.1559% | 2026-09-23 16:00 UTC |
| BingX | 180 | +0.6209% | +7.56% | +0.0418% | -0.1363% | 2026-09-23 16:00 UTC |
| HTX | 99 | +0.4950% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC |
| Bitunix | 180 | +0.0362% | +0.44% | +0.0050% | -0.0784% | 2026-09-23 16:00 UTC |
| Hotcoin | 90 | -0.0146% | -0.18% | +0.0677% | -0.1479% | 2026-09-23 16:00 UTC |
| Pionex | 180 | -0.1450% | -1.77% | +0.0050% | -0.1779% | 2026-09-23 16:00 UTC |
| Bitget | 180 | -0.1620% | -1.97% | +0.0050% | -0.1549% | 2026-09-23 16:00 UTC |
| BloFin | 90 | -0.1944% | -2.37% | +0.0400% | -0.2459% | 2026-09-23 16:00 UTC |
| Gate.io | 180 | -0.3516% | -4.28% | +0.0050% | -0.1555% | 2026-09-23 16:00 UTC |
| KuCoin | 180 | -0.8329% | -10.14% | +0.0050% | -0.1757% | 2026-09-23 16:00 UTC |
| Toobit | 90 | -1.1529% | -14.04% | +0.0102% | -0.3507% | 2026-09-23 16:00 UTC |
| OKX | 90 | -1.1566% | -14.08% | +0.0100% | -0.3507% | 2026-09-23 16:00 UTC |
| WEEX | 90 | -1.8632% | -22.68% | +0.0919% | -0.2452% | 2026-09-23 16:00 UTC |
| MEXC | 90 | -1.8690% | -22.76% | +0.0919% | -0.2452% | 2026-09-23 16:00 UTC |

## FAQ

### Is the RAY 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 81% of the 1,899 settlements recorded here.

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

WOOFi Pro paid the most over the last 30 days at +0.7832% of position size across 180 settlements, an average annualized rate of +9.54%. This is a sum of actual payments, not a forecast.

### How often is RAY funding actually paid?

Over the last 30 days, ORBIT recorded 1,899 funding settlements for RAY across 14 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 RAY funding spread between venues?

Over the last 30 days, settled totals ranged from +0.7832% on WOOFi Pro to -1.8690% on MEXC. 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/RAY · Screener: https://orbitperpscreener.com/screener