# DRIFT Funding Rate on Bybit

As of 2026-10-04 00:14 UTC, the DRIFT perpetual on Bybit pays 0.0050% per 4h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 4th highest of 12 exchanges shown, against a volume-weighted average of 0.0097% per 8 hours (10.65% APR). Over the last 7 days Bybit averaged 0.0127% per 8 hours (13.94% APR). The next funding is at 2026-10-04 04:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Gate](https://arbtide.com/funding-rates/drift/gate) | [DRIFT/USDT:USDT](https://www.gate.com/futures/USDT/DRIFT_USDT) | 0.2044% | 4h | 447.64% | 2026-10-04 04:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/drift/kucoin) | [DRIFT/USDT:USDT](https://www.kucoin.com/trade/futures/DRIFTUSDTM) | 0.0688% | 4h | 150.67% | 2026-10-04 04:00 UTC |
| [Binance](https://arbtide.com/funding-rates/drift/binance) | [DRIFT/USDT:USDT](https://www.binance.com/en/futures/DRIFTUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/drift/bybit) | [DRIFT/USDT:USDT](https://www.bybit.com/trade/usdt/DRIFTUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/drift/bitget) | [DRIFT/USDT:USDT](https://www.bitget.com/futures/usdt/DRIFTUSDT) | 0.0050% | 4h | 10.95% | — |
| [MEXC](https://arbtide.com/funding-rates/drift/mexc) | [DRIFT/USDT:USDT](https://www.mexc.com/futures/DRIFT_USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [BingX](https://arbtide.com/funding-rates/drift/bingx) | [DRIFT/USDT:USDT](https://bingx.com/en/perpetual/DRIFT-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/drift/whitebit) | [DRIFT/USDT:USDT](https://whitebit.com/trade/DRIFT-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [LBank](https://arbtide.com/funding-rates/drift/lbank) | [DRIFT/USDT:USDT](https://www.lbank.com/futures/driftusdt) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/drift/weex) | [DRIFT/USDT:USDT](https://www.weex.com/futures/DRIFT-USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 00:14 UTC |
| [Toobit](https://arbtide.com/funding-rates/drift/toobit) | [DRIFT/USDT:USDT](https://www.toobit.com/en-US/futures/DRIFT-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 04:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/drift/deepcoin) | [DRIFT/USDT:USDT](https://www.deepcoin.com/en/swap/DRIFT-USDT) | 0.0050% | 8h | 5.47% | — |

## Frequently asked questions

### What is the DRIFT funding rate on Bybit?

0.0050% per 4h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is 0.0127% per 8 hours (13.94% APR).

### How often does Bybit pay DRIFT funding?

Every 4 hours. The next payment is at 2026-10-04 04:00 UTC.

### Is DRIFT funding on Bybit higher than on other exchanges?

Bybit is the 4th highest of 12 exchanges shown. The highest is Binance at 0.0050% per 4h (10.95% APR) and the lowest is Deepcoin at 0.0050% per 8h (5.47% APR).

### How do you arbitrage DRIFT funding with Bybit?

Long DRIFT on Deepcoin and short on Bybit for a gross spread of 0.0050% per 8 hours (5.47% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.