OPEN Funding Rate on Bybit
Live OPEN funding rate, annualized APR, model-adjusted apr, and Mirage context for Bybit.
OPEN funding on Bybit is positive, but model-adjusted APR remains lower than the advertised annualized APR.
Mirage is material, so model-adjusted APR remains notably below the advertised annualized funding signal.
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.
Validation status for this public metric. Supported means stronger observed coverage. Calibration and exploratory indicate thinner empirical depth.
Compare OPEN funding rates across other exchanges:
OPEN Funding on Bybit FAQ
What is the current OPEN funding rate on Bybit?
The current OPEN perpetual funding rate on Bybit is 0.0281% per 4-hour interval, which annualizes to 6154.3% APR under current market conditions.
When is the next OPEN funding payment on Bybit?
Bybit settles OPEN 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 model-adjusted OPEN funding APR on Bybit?
After applying model adjustments for execution costs, decay, and crowding, the OPEN model-adjusted APR on Bybit is approximately 3077.2%. The Mirage component (50.0%) represents yield that may not survive real trading conditions.
How does OPEN funding on Bybit compare to other exchanges?
Current OPEN funding comparison: Binance: 547.5% advertised, 273.8% adjusted. Bybit offers 6154.3% advertised and 3077.2% model-adjusted APR.
How reliable is the OPEN funding data on Bybit?
The OPEN funding metrics on Bybit have strong empirical coverage. Supported status indicates stronger observed data, while calibration and exploratory indicate thinner empirical validation.