# WAL funding rate history — settled payments by exchange

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

What WAL (Walrus) actually paid over the last 30 days: 2,340 settlements across 13 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. WEEX paid the most over the window at +0.9000% 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 95% of the 2,340 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +0.9000% on WEEX to -0.0440% on BingX — 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 |
|---|---:|---:|---:|---:|---:|---|
| WEEX | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC |
| Pionex | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC |
| MEXC | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC |
| Toobit | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC |
| Gate.io | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC |
| Hotcoin | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC |
| Binance Futures | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC |
| Bitunix | 180 | +0.8982% | +10.94% | +0.0050% | +0.0032% | 2026-09-23 16:00 UTC |
| OKX | 180 | +0.8949% | +10.90% | +0.0050% | -0.0001% | 2026-09-23 16:00 UTC |
| KuCoin | 180 | +0.8473% | +10.32% | +0.0050% | -0.0217% | 2026-09-23 16:00 UTC |
| Bitget | 180 | +0.4374% | +5.33% | +0.0050% | -0.0687% | 2026-09-23 16:00 UTC |
| Bybit | 180 | -0.0185% | -0.23% | +0.0050% | -0.0383% | 2026-09-23 16:00 UTC |
| BingX | 180 | -0.0440% | -0.54% | +0.0050% | -0.0636% | 2026-09-23 16:00 UTC |

## FAQ

### Is the WAL 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 95% of the 2,340 settlements recorded here.

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

WEEX paid the most over the last 30 days at +0.9000% of position size across 180 settlements, an average annualized rate of +10.96%. This is a sum of actual payments, not a forecast.

### How often is WAL funding actually paid?

Over the last 30 days, ORBIT recorded 2,340 funding settlements for WAL across 13 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 WAL funding spread between venues?

Over the last 30 days, settled totals ranged from +0.9000% on WEEX to -0.0440% on BingX. 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/WAL · Screener: https://orbitperpscreener.com/screener