PROVE Funding Rate on Bybit
Live PROVE funding rate, annualized APR, model-adjusted apr, and Mirage context for Bybit.
PROVE funding on Bybit is active, but the displayed annualized signal does not survive execution reality.
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.
Validation status for this public metric. Supported means stronger observed coverage. Calibration and exploratory indicate thinner empirical depth.
Compare PROVE funding rates across other exchanges:
PROVE Funding on Bybit FAQ
What is the current PROVE funding rate on Bybit?
The current PROVE perpetual funding rate on Bybit is -0.0071% per 4-hour interval, which annualizes to -1549.2% APR under current market conditions.
When is the next PROVE funding payment on Bybit?
Bybit settles PROVE 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 PROVE funding APR on Bybit?
After applying model adjustments for execution costs, decay, and crowding, the PROVE model-adjusted APR on Bybit is approximately -1549.2%. The Mirage component (0.0%) represents yield that may not survive real trading conditions.
How does PROVE funding on Bybit compare to other exchanges?
Current PROVE funding comparison: OKX: 697.9% advertised, 696.5% adjusted; Binance: 547.5% advertised, 273.8% adjusted. Bybit offers -1549.2% advertised and -1549.2% model-adjusted APR.
How reliable is the PROVE funding data on Bybit?
The PROVE funding metrics on Bybit have strong empirical coverage. Supported status indicates stronger observed data, while calibration and exploratory indicate thinner empirical validation.