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DRIFT Funding Rate on Bybit

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As of 2026-10-03 19:35 UTC, the DRIFT perpetual on Bybit pays 0.0078% per 4h, 0.0157% per 8 hours (17.18% APR), so longs pay shorts. That is the 7th highest of 12 exchanges shown, against a volume-weighted average of 0.0192% per 8 hours (21.02% APR). Over the last 7 days Bybit averaged 0.0109% per 8 hours (11.97% APR). The next funding is at 2026-10-03 20:00 UTC.

Rate per 4h
0.0078%
Same rate per 8h
0.0157%
7-day average per 8h
0.0109%
Next funding
2026-10-03 20:00 UTC
Rank
7 of 12

DRIFT funding on Bybit, per 8h

DRIFT funding on Bybit, per 8 hours, hourly, last 7 days0.0000%0.0100%0.0200%0.0300%13:0020:3004:0011:3019:00HW 0.0234%LW 0.0100%0.0108%

Compare Bybit with other exchanges over 7 or 30 days

DRIFT funding arbitrage with Bybit

LongDeepcoin0.0087%/8hShortBybit0.0078%/4hFunding gap 0.0070% per 8h before fees

The widest pairing for Bybit is long DRIFT on Deepcoin and short on Bybit. Fees, slippage and the price basis between venues reduce the net return. Learn what a funding rate is.

DRIFT funding on every exchange

Showing 12 of 12

All DRIFT funding rates Bybit funding rates

Frequently asked questions

What is the DRIFT funding rate on Bybit?
0.0078% per 4h, or 0.0157% per 8 hours (17.18% APR), so longs pay shorts. The 7-day average is 0.0109% per 8 hours (11.97% APR).
How often does Bybit pay DRIFT funding?
Every 4 hours. The next payment is at 2026-10-03 20:00 UTC.
Is DRIFT funding on Bybit higher than on other exchanges?
Bybit is the 7th highest of 12 exchanges shown. The highest is Binance at 0.0113% per 4h (24.75% APR) and the lowest is Deepcoin at 0.0087% per 8h (9.53% APR).
How do you arbitrage DRIFT funding with Bybit?
Long DRIFT on Deepcoin and short on Bybit for a gross spread of 0.0070% per 8 hours (7.65% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.