# INIT Funding Rate on Bybit

As of 2026-10-03 19:15 UTC, the INIT perpetual on Bybit pays 0.0005% per 4h, 0.0010% per 8 hours (1.13% APR), so longs pay shorts. That is the 16th highest of 17 exchanges shown, against a volume-weighted average of 0.0089% per 8 hours (9.72% APR). Over the last 7 days Bybit averaged 0.0091% per 8 hours (9.97% APR). The next funding is at 2026-10-03 20:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Crypto.com](https://arbtide.com/funding-rates/init/cryptocom) | [INIT/USD:USD](https://crypto.com/exchange/trade/INITUSD-PERP) | 0.0051% | 1h | 44.54% | 2026-10-03 20:00 UTC |
| [Binance](https://arbtide.com/funding-rates/init/binance) | [INIT/USDT:USDT](https://www.binance.com/en/futures/INITUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [OKX](https://arbtide.com/funding-rates/init/okx) | [INIT/USDT:USDT](https://www.okx.com/trade-swap/init-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/init/bitget) | [INIT/USDT:USDT](https://www.bitget.com/futures/usdt/INITUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/init/gate) | [INIT/USDT:USDT](https://www.gate.com/futures/USDT/INIT_USDT) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/init/kucoin) | [INIT/USDT:USDT](https://www.kucoin.com/trade/futures/INITUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/init/mexc) | [INIT/USDT:USDT](https://www.mexc.com/futures/INIT_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [BingX](https://arbtide.com/funding-rates/init/bingx) | [INIT/USDT:USDT](https://bingx.com/en/perpetual/INIT-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/init/whitebit) | [INIT/USDT:USDT](https://whitebit.com/trade/INIT-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/init/xt) | [INIT/USDT:USDT](https://www.xt.com/en/futures/trade/init_usdt) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [LBank](https://arbtide.com/funding-rates/init/lbank) | [INIT/USDT:USDT](https://www.lbank.com/futures/initusdt) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/init/weex) | [INIT/USDT:USDT](https://www.weex.com/futures/INIT-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 19:14 UTC |
| [Toobit](https://arbtide.com/funding-rates/init/toobit) | [INIT/USDT:USDT](https://www.toobit.com/en-US/futures/INIT-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/init/hyperliquid) | [INIT/USDC:USDC](https://app.hyperliquid.xyz/trade/INIT) | 0.0013% | 1h | 10.95% | 2026-10-03 20:00 UTC |
| [Aster](https://arbtide.com/funding-rates/init/aster) | [INIT/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/INITUSDT) | 0.0050% | 4h | 10.95% | — |
| [Bybit](https://arbtide.com/funding-rates/init/bybit) | [INIT/USDT:USDT](https://www.bybit.com/trade/usdt/INITUSDT) | 0.0005% | 4h | 1.13% | 2026-10-03 20:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/init/deepcoin) | [INIT/USDT:USDT](https://www.deepcoin.com/en/swap/INIT-USDT) | -0.0036% | 8h | -3.94% | — |

## Frequently asked questions

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

0.0005% per 4h, or 0.0010% per 8 hours (1.13% APR), so longs pay shorts. The 7-day average is 0.0091% per 8 hours (9.97% APR).

### How often does Bybit pay INIT funding?

Every 4 hours. The next payment is at 2026-10-03 20:00 UTC.

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

Bybit is the 16th highest of 17 exchanges shown. The highest is Binance at 0.0050% per 4h (10.95% APR) and the lowest is Deepcoin at -0.0036% per 8h (-3.94% APR).

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

Long INIT on Bybit and short on Binance for a gross spread of 0.0090% per 8 hours (9.82% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.