PIPPIN Funding Rate on Bybit
Live PIPPIN funding rate, annualized APR, model-adjusted apr, and Mirage context for Bybit.
PIPPIN 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 PIPPIN funding rates across other exchanges:
PIPPIN Funding on Bybit FAQ
What is the current PIPPIN funding rate on Bybit?
The current PIPPIN perpetual funding rate on Bybit is 0.0185% per 4-hour interval, which annualizes to 4058.7% APR under current market conditions.
When is the next PIPPIN funding payment on Bybit?
Bybit settles PIPPIN 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 PIPPIN funding APR on Bybit?
After applying model adjustments for execution costs, decay, and crowding, the PIPPIN model-adjusted APR on Bybit is approximately 2029.4%. The Mirage component (50.0%) represents yield that may not survive real trading conditions.
How does PIPPIN funding on Bybit compare to other exchanges?
Current PIPPIN funding comparison: OKX: 1095.0% advertised, 547.5% adjusted; Binance: 547.5% advertised, 143.3% adjusted. Bybit offers 4058.7% advertised and 2029.4% model-adjusted APR.
How reliable is the PIPPIN funding data on Bybit?
The PIPPIN funding metrics on Bybit have strong empirical coverage. Supported status indicates stronger observed data, while calibration and exploratory indicate thinner empirical validation.