# PYPL Funding Rate on Toobit

As of 2026-10-05 20:25 UTC, the PYPL perpetual on Toobit pays -0.0046% per 8h, -0.0046% per 8 hours (-4.99% APR), so shorts pay longs. That is the 12th highest of 12 exchanges shown, against a volume-weighted average of 0.0200% per 8 hours (21.91% APR). Over the last 7 days Toobit averaged -0.0038% per 8 hours (-4.18% APR). The next funding is at 2026-10-06 00:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Crypto.com](https://arbtide.com/funding-rates/pypl/cryptocom) | [PYPL/USD:USD](https://crypto.com/exchange/trade/PYPLUSD-PERP) | 0.0637% | 1h | 558.43% | 2026-10-05 21:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/pypl/xt) | [PYPL/USDT:USDT](https://www.xt.com/en/futures/trade/pypl_usdt) | 0.0292% | 8h | 32.01% | 2026-10-06 00:00 UTC |
| [Binance](https://arbtide.com/funding-rates/pypl/binance) | [PYPL/USDT:USDT](https://www.binance.com/en/futures/PYPLUSDT) | 0.0291% | 8h | 31.90% | 2026-10-06 00:00 UTC |
| [LBank](https://arbtide.com/funding-rates/pypl/lbank) | [PYPL/USDT:USDT](https://www.lbank.com/futures/pyplusdt) | 0.0278% | 8h | 30.46% | 2026-10-06 00:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/pypl/deepcoin) | [PYPL/USDT:USDT](https://www.deepcoin.com/en/swap/PYPL-USDT) | 0.0218% | 8h | 23.87% | — |
| [OKX](https://arbtide.com/funding-rates/pypl/okx) | [PYPL/USDT:USDT](https://www.okx.com/trade-swap/pypl-usdt-swap) | 0.0198% | 8h | 21.72% | 2026-10-06 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/pypl/weex) | [PYPL/USDT:USDT](https://www.weex.com/futures/PYPL-USDT) | 0.0058% | 8h | 6.31% | 2026-10-05 20:25 UTC |
| [Bybit](https://arbtide.com/funding-rates/pypl/bybit) | [PYPL/USDT:USDT](https://www.bybit.com/trade/usdt/PYPLUSDT) | 0.0000% | 8h | 0.00% | 2026-10-06 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/pypl/bitget) | [PYPL/USDT:USDT](https://www.bitget.com/futures/usdt/PYPLUSDT) | 0.0000% | 8h | 0.00% | — |
| [Gate](https://arbtide.com/funding-rates/pypl/gate) | [PYPL/USDT:USDT](https://www.gate.com/futures/USDT/PYPL_USDT) | 0.0000% | 8h | 0.00% | 2026-10-06 00:00 UTC |
| [HTX](https://arbtide.com/funding-rates/pypl/htx) | [PYPL/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=PYPL-USDT&contract_type=swap&type=cross) | 0.0000% | 8h | 0.00% | 2026-10-06 00:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/pypl/toobit) | [PYPL/USDT:USDT](https://www.toobit.com/en-US/futures/PYPL-SWAP-USDT) | -0.0046% | 8h | -4.99% | 2026-10-06 00:00 UTC |

## Frequently asked questions

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

-0.0046% per 8h, or -0.0046% per 8 hours (-4.99% APR), so shorts pay longs. The 7-day average is -0.0038% per 8 hours (-4.18% APR).

### How often does Toobit pay PYPL funding?

Every 8 hours. The next payment is at 2026-10-06 00:00 UTC.

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

Toobit is the 12th highest of 12 exchanges shown. The highest is XT.COM at 0.0292% per 8h (32.01% APR) and the lowest is WEEX at 0.0058% per 8h (6.31% APR).

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

Long PYPL on Toobit and short on XT.COM for a gross spread of 0.0338% per 8 hours (37.01% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.
