# ZHIPU funding rate history — settled payments by exchange

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

What ZHIPU (Zhipu AI (pre-IPO)) actually paid over the last 30 days: 3,178 settlements across 16 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. Hotcoin paid the most over the window at +3.7946% 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 61% of the 3,178 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +3.7946% on Hotcoin to -0.1765% on WEEX — 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 |
|---|---:|---:|---:|---:|---:|---|
| Hotcoin | 130 | +3.7946% | +63.97% | +0.6959% | -0.3615% | 2026-09-23 16:00 UTC |
| OKX | 90 | +2.0169% | +24.56% | +0.2699% | -0.1256% | 2026-09-23 16:00 UTC |
| trade[XYZ] (mirrors hyperliquid) | 720 | +1.9230% | +23.41% | +0.0631% | -0.1001% | 2026-09-23 19:00 UTC |
| KuCoin | 127 | +1.6303% | +28.13% | +0.3054% | -0.1795% | 2026-09-23 16:00 UTC |
| Bybit | 90 | +1.4490% | +17.64% | +0.2395% | -0.1780% | 2026-09-23 16:00 UTC |
| Bitget | 90 | +1.3724% | +16.71% | +0.2445% | -0.1480% | 2026-09-23 16:00 UTC |
| Toobit | 130 | +1.3206% | +22.26% | +0.2941% | -0.2003% | 2026-09-23 16:00 UTC |
| Aster | 90 | +1.1376% | +13.85% | +0.2090% | -0.0544% | 2026-09-23 16:00 UTC |
| Bitunix | 130 | +1.0286% | +17.34% | +0.2963% | -0.1976% | 2026-09-23 16:00 UTC |
| MEXC | 130 | +1.0222% | +17.23% | +0.2951% | -0.2001% | 2026-09-23 16:00 UTC |
| HTX | 130 | +0.9483% | +15.99% | +0.2303% | -0.1294% | 2026-09-23 16:00 UTC |
| Ondo | 665 | +0.4294% | +5.66% | +0.0504% | -0.1475% | 2026-09-23 19:00 UTC |
| Gate.io | 90 | +0.3698% | +4.50% | +0.6955% | -0.5176% | 2026-09-23 16:00 UTC |
| WOOFi Pro | 90 | +0.2785% | +3.39% | +0.1552% | -0.1223% | 2026-09-23 16:00 UTC |
| PopDEX | 346 | +0.1368% | +3.47% | +0.0846% | -0.1386% | 2026-09-23 19:00 UTC |
| WEEX | 130 | -0.1765% | -2.97% | +0.0107% | -0.0110% | 2026-09-23 16:00 UTC |

## FAQ

### Is the ZHIPU 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 61% of the 3,178 settlements recorded here.

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

Hotcoin paid the most over the last 30 days at +3.7946% of position size across 130 settlements, an average annualized rate of +63.97%. This is a sum of actual payments, not a forecast.

### How often is ZHIPU funding actually paid?

Over the last 30 days, ORBIT recorded 3,178 funding settlements for ZHIPU across 16 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 ZHIPU funding spread between venues?

Over the last 30 days, settled totals ranged from +3.7946% on Hotcoin to -0.1765% on WEEX. 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/ZHIPU · Screener: https://orbitperpscreener.com/screener