Exchange Funding Snapshot

SNX Funding Rate on Bybit

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

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

Funding rate
0.0100%
Current periodic funding signal.
Advertised APR
1095.0%
Annualized from current funding conditions.
Model-Adjusted APR
363.6%
Model-derived annualized estimate based on current funding conditions.
Mirage
66.8%
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
8h
Validation status
supported
Validation status for this public metric.
Survivability
39%
Half-life
0.2d
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 May 19, 2026, 7:56 PM 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 SNX funding rates across other exchanges:

Frequently Asked Questions

SNX Funding on Bybit FAQ

What is the current SNX funding rate on Bybit?

The current SNX perpetual funding rate on Bybit is 0.0100% per 8-hour interval, which annualizes to 1095.0% APR under current market conditions.

When is the next SNX funding payment on Bybit?

Bybit settles SNX perpetual funding every 8 hours. Payments occur at fixed UTC times, typically 00:00, 08:00, and 16:00 UTC for 8-hour intervals.

What is the survivable SNX funding APR on Bybit?

After applying model adjustments for execution costs, decay, and crowding, the SNX survivable APR on Bybit is approximately 363.6%. The Mirage component (66.8%) represents yield that may not survive real trading conditions.

How does SNX funding on Bybit compare to other exchanges?

Current SNX funding comparison: Binance: 1056.2% advertised, 904.2% adjusted; OKX: 1095.0% advertised, 547.5% adjusted. Bybit offers 1095.0% advertised and 363.6% model-adjusted APR.

How reliable is the SNX funding data on Bybit?

The SNX 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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