Bybit Funding Rate
Bybit annualized funding rate
| Property | Value |
|---|---|
| Category | exchanges |
| Unit | % |
| Resolution | 1d |
| Assets | BTC |
| Tier | Basic |
| API Endpoint | GET /v1/funding/exchange |
| Field | annualized_apr |
Overview
Annualized perpetual funding rate on Bybit, one of the top derivatives exchanges by volume.
Interpretation
Bybit funding rates reflect leveraged positioning on its perpetual swap markets. Significant deviations from the aggregate rate may signal exchange-specific positioning or arbitrage opportunities.
Use Cases
- Monitoring leveraged sentiment on Bybit
- Cross-exchange funding rate comparison
- Identifying exchange-specific positioning
Historical Context
This exchange has been reporting funding rate data since early 2020. Rates are sourced from the perpetual BTC/USDT (or BTC/USD) contract. During major market events such as the March 2020 crash and the 2021 bull run, this exchange showed distinctive funding rate patterns reflecting its user base composition and liquidity profile.
API Usage
curl -H "Authorization: Bearer YOUR_API_KEY" \
"https://api.blocklens.co/v1/funding/exchange?start_date=2024-01-01&end_date=2024-12-31&limit=365"
Related Metrics
- Annualized Funding Rate (OI-Weighted) — OI-weighted average annualized funding rate across 7 exchanges
- Futures Open Interest — Total futures open interest across all exchanges in USD
- Binance Funding Rate — Binance annualized funding rate