Exchange Funding Snapshot

RAVE Funding Rate on Bybit

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

RAVE funding on Bybit is positive, but model-adjusted APR remains lower than the advertised annualized APR.

Funding rate
0.0138%
Current periodic funding signal.
Advertised APR
3027.0%
Annualized from current funding conditions.
Model-Adjusted APR
1513.5%
Model-derived annualized estimate based on current funding conditions.
Mirage
50.0%
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 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.

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
Insufficient validated coverage
Not shown publicly until validation coverage improves.
Half-life
Insufficient validated coverage
Not shown publicly until validation coverage improves.
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 Jun 13, 2026, 6:25 AM 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 RAVE funding rates across other exchanges:

Frequently Asked Questions

RAVE Funding on Bybit FAQ

What is the current RAVE funding rate on Bybit?

The current RAVE perpetual funding rate on Bybit is 0.0138% per 4-hour interval, which annualizes to 3027.0% APR under current market conditions.

When is the next RAVE funding payment on Bybit?

Bybit settles RAVE 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 RAVE funding APR on Bybit?

After applying model adjustments for execution costs, decay, and crowding, the RAVE model-adjusted APR on Bybit is approximately 1513.5%. The Mirage component (50.0%) represents yield that may not survive real trading conditions.

How does RAVE funding on Bybit compare to other exchanges?

Current RAVE funding comparison: OKX: 10787.3% advertised, 5393.6% adjusted; Binance: 1898.0% advertised, 949.0% adjusted. Bybit offers 3027.0% advertised and 1513.5% model-adjusted APR.

How reliable is the RAVE funding data on Bybit?

The RAVE 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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