# PRL Funding Rate on Toobit

As of 2026-10-06 00:31 UTC, the PRL perpetual on Toobit pays 0.0100% per 4h, 0.0199% per 8 hours (21.80% APR), so longs pay shorts. That is the 12th highest of 15 exchanges shown, against a volume-weighted average of 0.0649% per 8 hours (71.11% APR). Over the last 7 days Toobit averaged 0.0115% per 8 hours (12.57% APR). The next funding is at 2026-10-06 04:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [KuCoin](https://arbtide.com/funding-rates/prl/kucoin) | [PRL/USDT:USDT](https://www.kucoin.com/trade/futures/PRLUSDTM) | 0.0609% | 4h | 133.37% | 2026-10-06 04:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/prl/bybit) | [PRL/USDT:USDT](https://www.bybit.com/trade/usdt/PRLUSDT) | 0.0446% | 4h | 97.75% | 2026-10-06 04:00 UTC |
| [Crypto.com](https://arbtide.com/funding-rates/prl/cryptocom) | [PRL/USD:USD](https://crypto.com/exchange/trade/PRLUSD-PERP) | 0.0096% | 1h | 84.40% | 2026-10-06 01:00 UTC |
| [BingX](https://arbtide.com/funding-rates/prl/bingx) | [PRL/USDT:USDT](https://bingx.com/en/perpetual/PRL-USDT) | 0.0369% | 4h | 80.81% | — |
| [Lighter](https://arbtide.com/funding-rates/prl/lighter) | [PRL/USDC:USDC](https://app.lighter.xyz/trade/PRL) | 0.0416% | 8h | 45.55% | — |
| [WEEX](https://arbtide.com/funding-rates/prl/weex) | [PRL/USDT:USDT](https://www.weex.com/futures/PRL-USDT) | 0.0115% | 4h | 25.12% | 2026-10-06 00:31 UTC |
| [LBank](https://arbtide.com/funding-rates/prl/lbank) | [PRL/USDT:USDT](https://www.lbank.com/futures/prlusdt) | 0.0111% | 4h | 24.31% | 2026-10-06 04:00 UTC |
| [Extended](https://arbtide.com/funding-rates/prl/extended) | [PRL/USDC:USDC](https://app.extended.exchange/perp/PRL-USD) | 0.0026% | 1h | 22.78% | 2026-10-06 01:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/prl/mexc) | [PRL/USDT:USDT](https://www.mexc.com/futures/PRL_USDT) | 0.0102% | 4h | 22.34% | 2026-10-06 04:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/prl/xt) | [PRL/USDT:USDT](https://www.xt.com/en/futures/trade/prl_usdt) | 0.0101% | 4h | 22.06% | 2026-10-06 04:00 UTC |
| [Binance](https://arbtide.com/funding-rates/prl/binance) | [PRL/USDT:USDT](https://www.binance.com/en/futures/PRLUSDT) | 0.0100% | 4h | 21.80% | 2026-10-06 04:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/prl/toobit) | [PRL/USDT:USDT](https://www.toobit.com/en-US/futures/PRL-SWAP-USDT) | 0.0100% | 4h | 21.80% | 2026-10-06 04:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/prl/bitget) | [PRL/USDT:USDT](https://www.bitget.com/futures/usdt/PRLUSDT) | 0.0071% | 4h | 15.55% | — |
| [Gate](https://arbtide.com/funding-rates/prl/gate) | [PRL/USDT:USDT](https://www.gate.com/futures/USDT/PRL_USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 04:00 UTC |
| [Aster](https://arbtide.com/funding-rates/prl/aster) | [PRL/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PRLUSDT) | 0.0050% | 4h | 10.95% | — |

## Frequently asked questions

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

0.0100% per 4h, or 0.0199% per 8 hours (21.80% APR), so longs pay shorts. The 7-day average is 0.0115% per 8 hours (12.57% APR).

### How often does Toobit pay PRL funding?

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

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

Toobit is the 12th highest of 15 exchanges shown. The highest is KuCoin at 0.0609% per 4h (133.37% APR) and the lowest is Bitget at 0.0071% per 4h (15.55% APR).

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

Long PRL on Toobit and short on KuCoin for a gross spread of 0.1019% per 8 hours (111.57% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.