# PHAROS Funding Rates

As of 2026-10-03 09:58 UTC, PHAROS perpetual funding averages 0.0136% per 8 hours (14.93% APR) across all 8 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: WEEX at 0.0116% per 4h (25.33% APR). Lowest: Toobit at 0.0050% per 4h (10.95% APR). Going long on Toobit and short on WEEX collects a gross spread of 0.0131% per 8 hours (14.38% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [WEEX](https://arbtide.com/funding-rates/pharos/weex) | [PHAROS/USDT:USDT](https://www.weex.com/futures/PHAROS-USDT) | 0.0116% | 4h | 25.33% | 2026-10-03 09:58 UTC |
| [XT.COM](https://arbtide.com/funding-rates/pharos/xt) | [PHAROS/USDT:USDT](https://www.xt.com/en/futures/trade/pharos_usdt) | 0.0100% | 4h | 21.90% | 2026-10-03 12:00 UTC |
| [Binance](https://arbtide.com/funding-rates/pharos/binance) | [PHAROS/USDT:USDT](https://www.binance.com/en/futures/PHAROSUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/pharos/bybit) | [PHAROS/USDT:USDT](https://www.bybit.com/trade/usdt/PHAROSUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/pharos/mexc) | [PHAROS/USDT:USDT](https://www.mexc.com/futures/PHAROS_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [BingX](https://arbtide.com/funding-rates/pharos/bingx) | [PHAROS/USDT:USDT](https://bingx.com/en/perpetual/PHAROS-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/pharos/whitebit) | [PHAROS/USDT:USDT](https://whitebit.com/trade/PHAROS-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/pharos/toobit) | [PHAROS/USDT:USDT](https://www.toobit.com/en-US/futures/PHAROS-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 12:00 UTC |

## Frequently asked questions

### Is the PHAROS funding rate positive right now?

Yes. PHAROS funding is positive on 8 of the 8 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest PHAROS funding rate?

WEEX at 0.0116% per 4h (25.33% APR). The lowest is Toobit at 0.0050% per 4h (10.95% APR).

### What is the PHAROS funding arbitrage spread?

The gross spread is 0.0131% per 8 hours (14.38% APR): long PHAROS on Toobit and short on WEEX. Trading fees, slippage and price basis reduce the net return.

### How often is PHAROS funding paid?

PHAROS funding is paid every 4 hours on WEEX, XT.COM, Binance, Bybit, MEXC, BingX, WhiteBIT, and Toobit. Rates on this page are also shown as APR so they can be compared directly.