# NIL Funding Rate on Toobit

As of 2026-10-05 06:43 UTC, the NIL perpetual on Toobit pays 0.0029% per 4h, 0.0059% per 8 hours (6.45% APR), so longs pay shorts. That is the 12th highest of 16 exchanges shown, against a volume-weighted average of 0.0074% per 8 hours (8.11% APR). Over the last 7 days Toobit averaged 0.0088% per 8 hours (9.61% APR). The next funding is at 2026-10-05 08:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Bybit](https://arbtide.com/funding-rates/nil/bybit) | [NIL/USDT:USDT](https://www.bybit.com/trade/usdt/NILUSDT) | 0.0050% | 4h | 10.95% | 2026-10-05 08:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/nil/bitget) | [NIL/USDT:USDT](https://www.bitget.com/futures/usdt/NILUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/nil/gate) | [NIL/USDT:USDT](https://www.gate.com/futures/USDT/NIL_USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 08:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/nil/kucoin) | [NIL/USDT:USDT](https://www.kucoin.com/trade/futures/NILUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-05 08:00 UTC |
| [BingX](https://arbtide.com/funding-rates/nil/bingx) | [NIL/USDT:USDT](https://bingx.com/en/perpetual/NIL-USDT) | 0.0050% | 4h | 10.95% | — |
| [HTX](https://arbtide.com/funding-rates/nil/htx) | [NIL/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=NIL-USDT&contract_type=swap&type=cross) | 0.0050% | 4h | 10.95% | 2026-10-05 08:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/nil/whitebit) | [NIL/USDT:USDT](https://whitebit.com/trade/NIL-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-05 08:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/nil/hyperliquid) | [NIL/USDC:USDC](https://app.hyperliquid.xyz/trade/NIL) | 0.0013% | 1h | 10.95% | 2026-10-05 07:00 UTC |
| [Aster](https://arbtide.com/funding-rates/nil/aster) | [NIL/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/NILUSDT) | 0.0050% | 4h | 10.95% | — |
| [XT.COM](https://arbtide.com/funding-rates/nil/xt) | [NIL/USDT:USDT](https://www.xt.com/en/futures/trade/nil_usdt) | 0.0030% | 4h | 6.47% | 2026-10-05 08:00 UTC |
| [Binance](https://arbtide.com/funding-rates/nil/binance) | [NIL/USDT:USDT](https://www.binance.com/en/futures/NILUSDT) | 0.0029% | 4h | 6.45% | 2026-10-05 08:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/nil/toobit) | [NIL/USDT:USDT](https://www.toobit.com/en-US/futures/NIL-SWAP-USDT) | 0.0029% | 4h | 6.45% | 2026-10-05 08:00 UTC |
| [Extended](https://arbtide.com/funding-rates/nil/extended) | [NIL/USDC:USDC](https://app.extended.exchange/perp/NIL-USD) | 0.0007% | 1h | 6.13% | 2026-10-05 07:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/nil/mexc) | [NIL/USDT:USDT](https://www.mexc.com/futures/NIL_USDT) | 0.0027% | 4h | 5.91% | 2026-10-05 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/nil/lbank) | [NIL/USDT:USDT](https://www.lbank.com/futures/nilusdt) | 0.0027% | 4h | 5.91% | 2026-10-05 08:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/nil/weex) | [NIL/USDT:USDT](https://www.weex.com/futures/NIL-USDT) | -0.0041% | 4h | -8.88% | 2026-10-05 06:43 UTC |

## Frequently asked questions

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

0.0029% per 4h, or 0.0059% per 8 hours (6.45% APR), so longs pay shorts. The 7-day average is 0.0088% per 8 hours (9.61% APR).

### How often does Toobit pay NIL funding?

Every 4 hours. The next payment is at 2026-10-05 08:00 UTC.

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

Toobit is the 12th highest of 16 exchanges shown. The highest is Bybit at 0.0050% per 4h (10.95% APR) and the lowest is WEEX at -0.0041% per 4h (-8.88% APR).

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

Long NIL on WEEX and short on Toobit for a gross spread of 0.0140% per 8 hours (15.33% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.