# IRYS Funding Rate on Bybit

As of 2026-10-05 03:44 UTC, the IRYS perpetual on Bybit pays 0.0050% per 4h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 5th highest of 14 exchanges shown, against a volume-weighted average of 0.0099% per 8 hours (10.84% APR). Over the last 7 days Bybit averaged 0.0074% per 8 hours (8.11% APR). The next funding is at 2026-10-05 04:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Aster](https://arbtide.com/funding-rates/irys/aster) | [IRYS/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/IRYSUSDT) | 0.0057% | 4h | 12.50% | — |
| [Extended](https://arbtide.com/funding-rates/irys/extended) | [IRYS/USDC:USDC](https://app.extended.exchange/perp/IRYS-USD) | 0.0013% | 1h | 11.39% | 2026-10-05 04:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/irys/xt) | [IRYS/USDT:USDT](https://www.xt.com/en/futures/trade/irys_usdt) | 0.0051% | 4h | 11.21% | 2026-10-05 04:00 UTC |
| [Binance](https://arbtide.com/funding-rates/irys/binance) | [IRYS/USDT:USDT](https://www.binance.com/en/futures/IRYSUSDT) | 0.0050% | 4h | 10.95% | 2026-10-05 04:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/irys/bybit) | [IRYS/USDT:USDT](https://www.bybit.com/trade/usdt/IRYSUSDT) | 0.0050% | 4h | 10.95% | 2026-10-05 04:00 UTC |
| [OKX](https://arbtide.com/funding-rates/irys/okx) | [IRYS/USDT:USDT](https://www.okx.com/trade-swap/irys-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-05 04:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/irys/bitget) | [IRYS/USDT:USDT](https://www.bitget.com/futures/usdt/IRYSUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/irys/gate) | [IRYS/USDT:USDT](https://www.gate.com/futures/USDT/IRYS_USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 04:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/irys/kucoin) | [IRYS/USDT:USDT](https://www.kucoin.com/trade/futures/IRYSUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-05 04:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/irys/mexc) | [IRYS/USDT:USDT](https://www.mexc.com/futures/IRYS_USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 04:00 UTC |
| [BingX](https://arbtide.com/funding-rates/irys/bingx) | [IRYS/USDT:USDT](https://bingx.com/en/perpetual/IRYS-USDT) | 0.0050% | 4h | 10.95% | — |
| [LBank](https://arbtide.com/funding-rates/irys/lbank) | [IRYS/USDT:USDT](https://www.lbank.com/futures/irysusdt) | 0.0050% | 4h | 10.95% | 2026-10-05 04:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/irys/toobit) | [IRYS/USDT:USDT](https://www.toobit.com/en-US/futures/IRYS-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 04:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/irys/weex) | [IRYS/USDT:USDT](https://www.weex.com/futures/IRYS-USDT) | 0.0046% | 4h | 10.02% | 2026-10-05 03:44 UTC |

## Frequently asked questions

### What is the IRYS 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 0.0074% per 8 hours (8.11% APR).

### How often does Bybit pay IRYS funding?

Every 4 hours. The next payment is at 2026-10-05 04:00 UTC.

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

Bybit is the 5th highest of 14 exchanges shown. The highest is Extended at 0.0013% per 1h (11.39% APR) and the lowest is WEEX at 0.0046% per 4h (10.02% APR).

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

Long IRYS on WEEX and short on Bybit for a gross spread of 0.0008% per 8 hours (0.93% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.