# PAYP Funding Rate on LBank

As of 2026-10-07 10:19 UTC, the PAYP perpetual on LBank pays 0.0010% per 8h, 0.0010% per 8 hours (1.14% APR), so longs pay shorts. That is the 5th highest of 11 exchanges shown, against a volume-weighted average of 0.0023% per 8 hours (2.52% APR). Over the last 7 days LBank averaged 0.0471% per 8 hours (51.62% APR). The next funding is at 2026-10-07 16:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [WEEX](https://arbtide.com/funding-rates/payp/weex) | [PAYP/USDT:USDT](https://www.weex.com/futures/PAYP-USDT) | 0.0545% | 8h | 59.68% | 2026-10-07 10:19 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/payp/deepcoin) | [PAYP/USDT:USDT](https://www.deepcoin.com/en/swap/PAYP-USDT) | 0.0011% | 8h | 1.20% | — |
| [XT.COM](https://arbtide.com/funding-rates/payp/xt) | [PAYP/USDT:USDT](https://www.xt.com/en/futures/trade/payp_usdt) | 0.0010% | 8h | 1.14% | 2026-10-07 16:00 UTC |
| [Binance](https://arbtide.com/funding-rates/payp/binance) | [PAYP/USDT:USDT](https://www.binance.com/en/futures/PAYPUSDT) | 0.0010% | 8h | 1.14% | 2026-10-07 16:00 UTC |
| [LBank](https://arbtide.com/funding-rates/payp/lbank) | [PAYP/USDT:USDT](https://www.lbank.com/futures/paypusdt) | 0.0010% | 8h | 1.14% | 2026-10-07 16:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/payp/toobit) | [PAYP/USDT:USDT](https://www.toobit.com/en-US/futures/PAYP-SWAP-USDT) | 0.0010% | 8h | 1.14% | 2026-10-07 16:00 UTC |
| [Gate](https://arbtide.com/funding-rates/payp/gate) | [PAYP/USDT:USDT](https://www.gate.com/futures/USDT/PAYP_USDT) | 0.0000% | 8h | 0.00% | 2026-10-07 16:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/payp/kucoin) | [PAYP/USDT:USDT](https://www.kucoin.com/trade/futures/PAYPUSDTM) | 0.0000% | 8h | 0.00% | 2026-10-07 16:00 UTC |
| [HTX](https://arbtide.com/funding-rates/payp/htx) | [PAYP/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=PAYP-USDT&contract_type=swap&type=cross) | 0.0000% | 8h | 0.00% | 2026-10-07 16:00 UTC |
| [Aster](https://arbtide.com/funding-rates/payp/aster) | [PAYP/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PAYPUSDT) | 0.0000% | 8h | 0.00% | — |
| [Crypto.com](https://arbtide.com/funding-rates/payp/cryptocom) | [PAYP/USD:USD](https://crypto.com/exchange/trade/PAYPUSD-PERP) | -0.0124% | 1h | -108.68% | 2026-10-07 11:00 UTC |

## Frequently asked questions

### What is the PAYP funding rate on LBank?

0.0010% per 8h, or 0.0010% per 8 hours (1.14% APR), so longs pay shorts. The 7-day average is 0.0471% per 8 hours (51.62% APR).

### How often does LBank pay PAYP funding?

Every 8 hours. The next payment is at 2026-10-07 16:00 UTC.

### Is PAYP funding on LBank higher than on other exchanges?

LBank is the 5th highest of 11 exchanges shown. The highest is WEEX at 0.0545% per 8h (59.68% APR) and the lowest is KuCoin at 0.0000% per 8h (0.00% APR).

### How do you arbitrage PAYP funding with LBank?

Long PAYP on LBank and short on WEEX for a gross spread of 0.0535% per 8 hours (58.54% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.