# PHA Funding Rate on Toobit

As of 2026-10-03 23:15 UTC, the PHA perpetual on Toobit pays 0.0050% per 4h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 13th highest of 14 exchanges shown, against a volume-weighted average of 0.0126% per 8 hours (13.75% APR). Over the last 7 days Toobit averaged 0.0100% per 8 hours (10.95% APR). The next funding is at 2026-10-04 00:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Bybit](https://arbtide.com/funding-rates/pha/bybit) | [PHA/USDT:USDT](https://www.bybit.com/trade/usdt/PHAUSDT) | 0.0214% | 4h | 46.85% | 2026-10-04 00:00 UTC |
| [BingX](https://arbtide.com/funding-rates/pha/bingx) | [PHA/USDT:USDT](https://bingx.com/en/perpetual/PHA-USDT) | 0.0199% | 4h | 43.58% | — |
| [Gate](https://arbtide.com/funding-rates/pha/gate) | [PHA/USDT:USDT](https://www.gate.com/futures/USDT/PHA_USDT) | 0.0145% | 4h | 31.75% | 2026-10-04 00:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/pha/kucoin) | [PHA/USDT:USDT](https://www.kucoin.com/trade/futures/PHAUSDTM) | 0.0107% | 4h | 23.43% | 2026-10-04 00:00 UTC |
| [Binance](https://arbtide.com/funding-rates/pha/binance) | [PHA/USDT:USDT](https://www.binance.com/en/futures/PHAUSDT) | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/pha/bitget) | [PHA/USDT:USDT](https://www.bitget.com/futures/usdt/PHAUSDT) | 0.0050% | 4h | 10.95% | — |
| [MEXC](https://arbtide.com/funding-rates/pha/mexc) | [PHA/USDT:USDT](https://www.mexc.com/futures/PHA_USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/pha/whitebit) | [PHA/USDT:USDT](https://whitebit.com/trade/PHA-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/pha/btse) | [PHA/USDT:USDT](https://www.btse.com/en/futures/PHA-PERP) | 0.0050% | 4h | 10.95% | — |
| [XT.COM](https://arbtide.com/funding-rates/pha/xt) | [PHA/USDT:USDT](https://www.xt.com/en/futures/trade/pha_usdt) | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC |
| [LBank](https://arbtide.com/funding-rates/pha/lbank) | [PHA/USDT:USDT](https://www.lbank.com/futures/phausdt) | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/pha/weex) | [PHA/USDT:USDT](https://www.weex.com/futures/PHA-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 23:15 UTC |
| [Toobit](https://arbtide.com/funding-rates/pha/toobit) | [PHA/USDT:USDT](https://www.toobit.com/en-US/futures/PHA-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 00:00 UTC |
| [Aster](https://arbtide.com/funding-rates/pha/aster) | [PHA/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PHAUSDT) | 0.0050% | 4h | 10.95% | — |

## Frequently asked questions

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

0.0050% per 4h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is 0.0100% per 8 hours (10.95% APR).

### How often does Toobit pay PHA funding?

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

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

Toobit is the 13th highest of 14 exchanges shown. The highest is Bybit at 0.0214% per 4h (46.85% APR) and the lowest is Toobit at 0.0050% per 4h (10.95% APR).

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

Long PHA on Toobit and short on Bybit for a gross spread of 0.0328% per 8 hours (35.90% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.