# BIRB Funding Rates

As of 2026-10-03 17:38 UTC, BIRB perpetual funding averages 0.0151% per 8 hours (16.51% APR) across all 12 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: Toobit at 0.0237% per 4h (51.85% APR). Lowest: LBank at 0.0050% per 4h (10.95% APR). Going long on LBank and short on Toobit collects a gross spread of 0.0373% per 8 hours (40.90% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Toobit](https://arbtide.com/funding-rates/birb/toobit) | [BIRB/USDT:USDT](https://www.toobit.com/en-US/futures/BIRB-SWAP-USDT) | 0.0237% | 4h | 51.85% | 2026-10-03 20:00 UTC |
| [BingX](https://arbtide.com/funding-rates/birb/bingx) | [BIRB/USDT:USDT](https://bingx.com/en/perpetual/BIRB-USDT) | 0.0147% | 4h | 32.19% | — |
| [Bybit](https://arbtide.com/funding-rates/birb/bybit) | [BIRB/USDT:USDT](https://www.bybit.com/trade/usdt/BIRBUSDT) | 0.0108% | 4h | 23.60% | 2026-10-03 20:00 UTC |
| [Binance](https://arbtide.com/funding-rates/birb/binance) | [BIRB/USDT:USDT](https://www.binance.com/en/futures/BIRBUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/birb/bitget) | [BIRB/USDT:USDT](https://www.bitget.com/futures/usdt/BIRBUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/birb/gate) | [BIRB/USDT:USDT](https://www.gate.com/futures/USDT/BIRB_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/birb/kucoin) | [BIRB/USDT:USDT](https://www.kucoin.com/trade/futures/BIRBUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/birb/mexc) | [BIRB/USDT:USDT](https://www.mexc.com/futures/BIRB_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/birb/xt) | [BIRB/USDT:USDT](https://www.xt.com/en/futures/trade/birb_usdt) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [LBank](https://arbtide.com/funding-rates/birb/lbank) | [BIRB/USDT:USDT](https://www.lbank.com/futures/birbusdt) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/birb/weex) | [BIRB/USDT:USDT](https://www.weex.com/futures/BIRB-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 17:38 UTC |
| [Aster](https://arbtide.com/funding-rates/birb/aster) | [BIRB/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/BIRBUSDT) | 0.0050% | 4h | 10.95% | — |

## Frequently asked questions

### Is the BIRB funding rate positive right now?

Yes. BIRB funding is positive on 12 of the 12 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest BIRB funding rate?

Toobit at 0.0237% per 4h (51.85% APR). The lowest is LBank at 0.0050% per 4h (10.95% APR).

### What is the BIRB funding arbitrage spread?

The gross spread is 0.0373% per 8 hours (40.90% APR): long BIRB on LBank and short on Toobit. Trading fees, slippage and price basis reduce the net return.

### How often is BIRB funding paid?

BIRB funding is paid every 4 hours on Toobit, BingX, Bybit, Binance, Bitget, Gate, KuCoin, MEXC, XT.COM, LBank, WEEX, and Aster. Rates on this page are also shown as APR so they can be compared directly.