# PROMPT Funding Rate on Bybit

As of 2026-10-05 16:25 UTC, the PROMPT perpetual on Bybit pays 0.0050% per 4h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 1st highest of 3 exchanges shown, against a volume-weighted average of 0.0100% per 8 hours (10.95% APR). Over the last 7 days Bybit averaged 0.0168% per 8 hours (18.39% APR). The next funding is at 2026-10-05 20:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Bybit](https://arbtide.com/funding-rates/prompt/bybit) | [PROMPT/USDT:USDT](https://www.bybit.com/trade/usdt/PROMPTUSDT) | 0.0050% | 4h | 10.95% | 2026-10-05 20:00 UTC |
| [Gate](https://arbtide.com/funding-rates/prompt/gate) | [PROMPT/USDT:USDT](https://www.gate.com/futures/USDT/PROMPT_USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 20:00 UTC |
| [Crypto.com](https://arbtide.com/funding-rates/prompt/cryptocom) | [PROMPT/USD:USD](https://crypto.com/exchange/trade/PROMPTUSD-PERP) | -0.0075% | 1h | -65.44% | 2026-10-05 17:00 UTC |

## Frequently asked questions

### What is the PROMPT funding rate on Bybit?

0.0050% per 4h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is 0.0168% per 8 hours (18.39% APR).

### How often does Bybit pay PROMPT funding?

Every 4 hours. The next payment is at 2026-10-05 20:00 UTC.

### Is PROMPT funding on Bybit higher than on other exchanges?

Bybit is the 1st highest of 3 exchanges shown. The highest is Bybit at 0.0050% per 4h (10.95% APR) and the lowest is Gate at 0.0050% per 4h (10.95% APR).

### How do you arbitrage PROMPT funding with Bybit?

Long PROMPT on Gate and short on Bybit for a gross spread of 0.0000% per 8 hours (0.00% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.