SPK Funding Rate on Bybit
Live SPK funding rate, annualized APR, model-adjusted apr, and Mirage context for Bybit.
SPK 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 SPK funding rates across other exchanges:
SPK Funding on Bybit FAQ
What is the current SPK funding rate on Bybit?
The current SPK 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 SPK funding payment on Bybit?
Bybit settles SPK 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 SPK funding APR on Bybit?
After applying model adjustments for execution costs, decay, and crowding, the SPK 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 SPK funding on Bybit compare to other exchanges?
Current SPK funding comparison: Binance: 547.5% advertised, 273.8% adjusted; OKX: -541.0% advertised, -541.0% adjusted. Bybit offers 1095.0% advertised and 547.5% model-adjusted APR.
How reliable is the SPK funding data on Bybit?
The SPK funding metrics on Bybit have strong empirical coverage. Supported status indicates stronger observed data, while calibration and exploratory indicate thinner empirical validation.