# IREN Funding Rate on Toobit

As of 2026-10-06 12:34 UTC, the IREN perpetual on Toobit pays 0.1003% per 8h, 0.1003% per 8 hours (109.84% APR), so longs pay shorts. That is the 1st highest of 14 exchanges shown, against a volume-weighted average of 0.0257% per 8 hours (28.16% APR). Over the last 7 days Toobit averaged 0.0482% per 8 hours (52.78% APR). The next funding is at 2026-10-06 16:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Toobit](https://arbtide.com/funding-rates/iren/toobit) | [IREN/USDT:USDT](https://www.toobit.com/en-US/futures/IREN-SWAP-USDT) | 0.1003% | 8h | 109.84% | 2026-10-06 16:00 UTC |
| [OKX](https://arbtide.com/funding-rates/iren/okx) | [IREN/USDT:USDT](https://www.okx.com/trade-swap/iren-usdt-swap) | 0.0584% | 8h | 63.91% | 2026-10-06 16:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/iren/deepcoin) | [IREN/USDT:USDT](https://www.deepcoin.com/en/swap/IREN-USDT) | 0.0347% | 8h | 38.00% | — |
| [Binance](https://arbtide.com/funding-rates/iren/binance) | [IREN/USDT:USDT](https://www.binance.com/en/futures/IRENUSDT) | 0.0265% | 8h | 28.99% | 2026-10-06 16:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/iren/xt) | [IREN/USDT:USDT](https://www.xt.com/en/futures/trade/iren_usdt) | 0.0265% | 8h | 28.99% | 2026-10-06 16:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/iren/bybit) | [IREN/USDT:USDT](https://www.bybit.com/trade/usdt/IRENUSDT) | 0.0196% | 8h | 21.41% | 2026-10-06 16:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/iren/weex) | [IREN/USDT:USDT](https://www.weex.com/futures/IREN-USDT) | 0.0159% | 8h | 17.44% | 2026-10-06 12:34 UTC |
| [Bitget](https://arbtide.com/funding-rates/iren/bitget) | [IREN/USDT:USDT](https://www.bitget.com/futures/usdt/IRENUSDT) | 0.0105% | 8h | 11.50% | — |
| [Crypto.com](https://arbtide.com/funding-rates/iren/cryptocom) | [IREN/USD:USD](https://crypto.com/exchange/trade/IRENUSD-PERP) | 0.0006% | 1h | 4.91% | 2026-10-06 13:00 UTC |
| [Gate](https://arbtide.com/funding-rates/iren/gate) | [IREN/USDT:USDT](https://www.gate.com/futures/USDT/IREN_USDT) | 0.0036% | 8h | 3.94% | 2026-10-06 16:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/iren/kucoin) | [IREN/USDT:USDT](https://www.kucoin.com/trade/futures/IRENUSDTM) | 0.0000% | 8h | 0.00% | 2026-10-06 16:00 UTC |
| [HTX](https://arbtide.com/funding-rates/iren/htx) | [IREN/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=IREN-USDT&contract_type=swap&type=cross) | 0.0000% | 8h | 0.00% | 2026-10-06 16:00 UTC |
| [Aster](https://arbtide.com/funding-rates/iren/aster) | [IREN/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/IRENUSDT) | 0.0000% | 8h | 0.00% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/iren/whitebit) | [IREN/USDT:USDT](https://whitebit.com/trade/IREN-PERP?type=futures) | -0.0347% | 8h | -38.05% | 2026-10-06 16:00 UTC |

## Frequently asked questions

### What is the IREN funding rate on Toobit?

0.1003% per 8h, or 0.1003% per 8 hours (109.84% APR), so longs pay shorts. The 7-day average is 0.0482% per 8 hours (52.78% APR).

### How often does Toobit pay IREN funding?

Every 8 hours. The next payment is at 2026-10-06 16:00 UTC.

### Is IREN funding on Toobit higher than on other exchanges?

Toobit is the 1st highest of 14 exchanges shown. The highest is Toobit at 0.1003% per 8h (109.84% APR) and the lowest is WhiteBIT at -0.0347% per 8h (-38.05% APR).

### How do you arbitrage IREN funding with Toobit?

Long IREN on WhiteBIT and short on Toobit for a gross spread of 0.1351% per 8 hours (147.89% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.