# PROM Funding Rate on Toobit

As of 2026-10-06 17:40 UTC, the PROM perpetual on Toobit pays -0.0001% per 4h, -0.0001% per 8 hours (-0.12% APR), so shorts pay longs. That is the 10th highest of 12 exchanges shown, against a volume-weighted average of 0.0010% per 8 hours (1.10% APR). Over the last 7 days Toobit averaged 0.0084% per 8 hours (9.20% APR). The next funding is at 2026-10-06 20:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Bitget](https://arbtide.com/funding-rates/prom/bitget) | [PROM/USDT:USDT](https://www.bitget.com/futures/usdt/PROMUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/prom/gate) | [PROM/USDT:USDT](https://www.gate.com/futures/USDT/PROM_USDT) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/prom/kucoin) | [PROM/USDT:USDT](https://www.kucoin.com/trade/futures/PROMUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-06 20:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/prom/weex) | [PROM/USDT:USDT](https://www.weex.com/futures/PROM-USDT) | 0.0010% | 4h | 2.24% | 2026-10-06 17:40 UTC |
| [XT.COM](https://arbtide.com/funding-rates/prom/xt) | [PROM/USDT:USDT](https://www.xt.com/en/futures/trade/prom_usdt) | 0.0002% | 4h | 0.48% | 2026-10-06 20:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/prom/mexc) | [PROM/USDT:USDT](https://www.mexc.com/futures/PROM_USDT) | 0.0000% | 4h | 0.00% | 2026-10-06 20:00 UTC |
| [Extended](https://arbtide.com/funding-rates/prom/extended) | [PROM/USDC:USDC](https://app.extended.exchange/perp/PROM-USD) | 0.0000% | 1h | 0.00% | 2026-10-06 18:00 UTC |
| [Binance](https://arbtide.com/funding-rates/prom/binance) | [PROM/USDT:USDT](https://www.binance.com/en/futures/PROMUSDT) | -0.0001% | 4h | -0.12% | 2026-10-06 20:00 UTC |
| [LBank](https://arbtide.com/funding-rates/prom/lbank) | [PROM/USDT:USDT](https://www.lbank.com/futures/promusdt) | -0.0001% | 4h | -0.12% | 2026-10-06 20:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/prom/toobit) | [PROM/USDT:USDT](https://www.toobit.com/en-US/futures/PROM-SWAP-USDT) | -0.0001% | 4h | -0.12% | 2026-10-06 20:00 UTC |
| [BingX](https://arbtide.com/funding-rates/prom/bingx) | [PROM/USDT:USDT](https://bingx.com/en/perpetual/PROM-USDT) | -0.0005% | 4h | -1.10% | — |
| [Aster](https://arbtide.com/funding-rates/prom/aster) | [PROM/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PROMUSDT) | -0.0308% | 4h | -67.51% | — |

## Frequently asked questions

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

-0.0001% per 4h, or -0.0001% per 8 hours (-0.12% APR), so shorts pay longs. The 7-day average is 0.0084% per 8 hours (9.20% APR).

### How often does Toobit pay PROM funding?

Every 4 hours. The next payment is at 2026-10-06 20:00 UTC.

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

Toobit is the 10th highest of 12 exchanges shown. The highest is Bitget at 0.0050% per 4h (10.95% APR) and the lowest is Aster at -0.0308% per 4h (-67.51% APR).

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

Long PROM on Aster and short on Toobit for a gross spread of 0.0615% per 8 hours (67.39% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.