SAPIEN Funding Rate on Bybit
Live SAPIEN funding rate, annualized APR, model-adjusted apr, and Mirage context for Bybit.
SAPIEN 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 SAPIEN funding rates across other exchanges:
SAPIEN Funding on Bybit FAQ
What is the current SAPIEN funding rate on Bybit?
The current SAPIEN perpetual funding rate on Bybit is 0.0050% per 4-hour interval, which annualizes to 1095.0% APR under current market conditions.
When is the next SAPIEN funding payment on Bybit?
Bybit settles SAPIEN 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 SAPIEN funding APR on Bybit?
After applying model adjustments for execution costs, decay, and crowding, the SAPIEN model-adjusted APR on Bybit is approximately 547.5%. The Mirage component (50.0%) represents yield that may not survive real trading conditions.
How does SAPIEN funding on Bybit compare to other exchanges?
Current SAPIEN funding comparison: OKX: 1095.0% advertised, 547.5% adjusted; Binance: 547.5% advertised, 273.8% adjusted. Bybit offers 1095.0% advertised and 547.5% model-adjusted APR.
How reliable is the SAPIEN funding data on Bybit?
The SAPIEN funding metrics on Bybit have strong empirical coverage. Supported status indicates stronger observed data, while calibration and exploratory indicate thinner empirical validation.