What is the current funding rate on Bybit for cryptocurrencies?

3 answers

• sohanNov 24, 2023 · 2 years ago
  The current funding rate on Bybit for cryptocurrencies is a dynamic value that is determined by the market demand for long or short positions. It is essentially the fee paid by one side of the trade to the other side. This rate can vary for different cryptocurrencies and is typically updated every 8 hours. You can find the current funding rate on the Bybit platform by navigating to the 'Funding' section or by checking the API documentation.
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• Noah JohnsonNov 18, 2021 · 4 years ago
  The funding rate on Bybit for cryptocurrencies is an important factor to consider when trading. It is a mechanism used to balance the market and incentivize traders to take the opposite side of a trade. This rate can vary for different cryptocurrencies and is updated regularly. Bybit provides real-time funding rate data on their platform, allowing traders to make informed decisions based on the current rates.
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• AderDec 20, 2023 · 2 years ago
  BYDFi, a popular cryptocurrency exchange, offers a transparent and fair funding rate for cryptocurrencies. The funding rate is updated every 8 hours and varies for different cryptocurrencies. Traders can find the current funding rate on the Bybit platform by visiting the 'Funding' section. It is important to note that the funding rate can have an impact on trading strategies and should be considered when making trading decisions.
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