Bybit Funding Calculator
What a BTCUSDT perpetual costs to hold on Bybit, per interval and per year.
Funding is the rent on a perpetual position, and it is charged whether the trade is working or not. This page uses Bybit's settlement interval and published rate cap for BTCUSDT, so the annualised figure reflects how Bybit actually settles rather than a generic three-a-day assumption.
How it works
Bybit settles funding every 8 hours — 3 times a day, or 1095 times a year. Funding is exchanged between traders, not paid to the venue: when the rate is positive longs pay shorts, and when it is negative the flow reverses.
The annualised number is the one worth looking at before opening a carry. A rate that looks negligible per settlement compounds into a serious drag: 0.01% three times a day is about 11% a year, and rates of ten times that are ordinary during a squeeze.
Sources — Bybit documentation
Every rate and formula on this page is taken from Bybit's own documentation for BTCUSDT and was last checked on 2026-07-22. Exchanges revise these tables without notice.
Independent tool, not affiliated with or endorsed by Bybit. Confirm against your position's own margin details before trading.
Settlement intervals across exchanges
The same 0.01 % rate on a 10,000 position, priced under each venue's schedule.
| Exchange | Interval | Per day | Annualised |
|---|---|---|---|
| Binance | 8h | 3.00 | 10.95 % |
| Bybit | 8h | 3.00 | 10.95 % |
| OKX | 8h | 3.00 | 10.95 % |
| Gate.io | 8h | 3.00 | 10.95 % |
The same calculation on other exchanges
Margin ladders differ enough to move the liquidation price on identical inputs.
Or use the generic calculator with your own maintenance rate →Funding on Bybit
Bybit settles funding on USDT perpetuals at fixed intervals, with the rate driven by the premium of the contract over its index and an interest component. The mechanism is standard; what is specific to Bybit is which balance the payment is drawn from, because the Unified Trading Account changes the answer.
Funding settles against the account, not the position
Under the Unified Trading Account, funding is debited from the account balance rather than from the position's own margin. A profitable position that pays funding shows the cost against the wallet instead of as a reduction in unrealised PnL, which is why the two figures drift apart over a long hold.
For an isolated position the distinction is invisible. For a cross-margin book it matters: funding paid on one leg reduces the equity backing every other position, and so moves their liquidation levels too.
Predicted and settled rates are different numbers
The rate displayed before settlement is a prediction from the premium observed so far in the interval. It keeps moving until it is fixed, so a position opened against a favourable prediction can be charged something else.
If a strategy depends on receiving funding rather than merely tolerating it, treat the predicted figure as an estimate with a wide error bar — especially in the final minutes before settlement, which is precisely when the premium is most distorted by traders positioning around it.
FAQ
How often does Bybit charge funding?
Every eight hours on the major USDT perpetuals, but the interval is a per-contract property and some pairs settle more frequently. The figure above is the one published for this symbol.
Do I pay funding on a losing position?
Yes. Funding is charged on the notional value regardless of whether the trade is working. That is what makes it a carry cost rather than a share of profits.
Can funding liquidate me?
Indirectly. Each payment reduces the margin behind the position, which moves the liquidation price closer. On a highly leveraged position held through a stretch of extreme funding, that drift is not negligible.