# PHAROS Funding Rate on Toobit

As of 2026-10-06 01:50 UTC, the PHAROS perpetual on Toobit pays 0.0050% per 4h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 8th highest of 8 exchanges shown, against a volume-weighted average of 0.0111% per 8 hours (12.10% APR). Over the last 7 days Toobit averaged 0.0723% per 8 hours (79.18% APR). The next funding is at 2026-10-06 04:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [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% | 2026-10-06 04:00 UTC |
| [Binance](https://arbtide.com/funding-rates/pharos/binance) | [PHAROS/USDT:USDT](https://www.binance.com/en/futures/PHAROSUSDT) | 0.0050% | 4h | 10.95% | 2026-10-06 04:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/pharos/bybit) | [PHAROS/USDT:USDT](https://www.bybit.com/trade/usdt/PHAROSUSDT) | 0.0050% | 4h | 10.95% | 2026-10-06 04:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/pharos/mexc) | [PHAROS/USDT:USDT](https://www.mexc.com/futures/PHAROS_USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 04:00 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% | 2026-10-06 04:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/pharos/weex) | [PHAROS/USDT:USDT](https://www.weex.com/futures/PHAROS-USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 01:49 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% | 2026-10-06 04:00 UTC |

## Frequently asked questions

### What is the PHAROS 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 0.0723% per 8 hours (79.18% APR).

### How often does Toobit pay PHAROS funding?

Every 4 hours. The next payment is at 2026-10-06 04:00 UTC.

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

Toobit is the 8th highest of 8 exchanges shown. The highest is XT.COM at 0.0100% per 4h (21.90% APR) and the lowest is Toobit at 0.0050% per 4h (10.95% APR).

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

Long PHAROS on Toobit and short on XT.COM for a gross spread of 0.0100% per 8 hours (10.95% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.