Exchange Funding Snapshot

INIT Funding Rate on Bybit

Live INIT funding rate, annualized APR, model-adjusted apr, and Mirage context for Bybit.

INIT funding on Bybit is active, but the displayed annualized signal does not survive execution reality.

Funding rate
-0.0174%
Current periodic funding signal.
Advertised APR
-3813.7%
Annualized from current funding conditions.
Model-Adjusted APR
-3813.7%
Model-derived annualized estimate based on current funding conditions.
Mirage
0.0%
Aging snapshot
Annualized from current funding conditions. Actual realized returns may be materially lower, and Mirage shows how much headline yield may fail to survive execution reality.
Current snapshot is aging. Treat these values as reference context, not a live execution signal.
Interpretation

Mirage is present but more contained, meaning a larger share of headline annualized funding currently survives reality.

Headline annualized funding can look strong while model-adjusted apr remains much lower. Mirage measures how much of that signal may fail to survive execution conditions.

Metric breakdown

Validation status for this public metric. Supported means stronger observed coverage. Calibration and exploratory indicate thinner empirical depth.

Funding interval
4h
Validation status
supported
Validation status for this public metric.
Survivability
98%
Half-life
11.7d
Why yield degrades
Fees and basis drag compress the raw funding headline.
Yield decays as crowded trades absorb the signal.
Execution friction can keep attractive APR from being deployable.
Mirage shows the share of headline yield that fails to survive reality.
Freshness & disclaimer
Last updated May 27, 2026, 4:28 PM UTC.
Model-Adjusted APR is a model-derived annualized public estimate. It is useful for current context, not a guaranteed execution outcome.
supported
Exchange Comparison

Compare INIT funding rates across other exchanges:

Frequently Asked Questions

INIT Funding on Bybit FAQ

What is the current INIT funding rate on Bybit?

The current INIT perpetual funding rate on Bybit is -0.0174% per 4-hour interval, which annualizes to -3813.7% APR under current market conditions.

When is the next INIT funding payment on Bybit?

Bybit settles INIT perpetual funding every 4 hours. Payments occur at fixed UTC times, typically 00:00, 08:00, and 16:00 UTC for 8-hour intervals.

What is the survivable INIT funding APR on Bybit?

After applying model adjustments for execution costs, decay, and crowding, the INIT survivable APR on Bybit is approximately -3813.7%. The Mirage component (0.0%) represents yield that may not survive real trading conditions.

How does INIT funding on Bybit compare to other exchanges?

Current INIT funding comparison: OKX: 1095.0% advertised, 547.5% adjusted; Binance: 17.3% advertised, 8.6% adjusted. Bybit offers -3813.7% advertised and -3813.7% model-adjusted APR.

How reliable is the INIT funding data on Bybit?

The INIT funding metrics on Bybit have strong empirical coverage. Supported status indicates stronger observed data, while calibration and exploratory indicate thinner empirical validation.

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INIT Funding Rate Bybit — -0.0174% per 4h | FYOS | Funding Yield OS