# How often does Bybit pay funding?

**Bybit pays funding per market fundingInterval (API; 8h default, 1h/2h/4h on volatile markets) (most common market setting: 8h (439), 4h (417), 1h (2)).**

As of 2026-10-10 15:07 UTC. Source: https://perpspec.com/answers/bybit-funding-interval

Formula: premium index average + clamp(0.01% - premium, ±0.05%). Positive funding means longs pay shorts. Because exchanges pay every 1, 4 or 8 hours, compare annualized rates, not raw ones.

| asset | market | funding-interval |
|---|---|---|
| BTC | BTCUSDT | 8h |
| DOGE | DOGEUSDT | 8h |
| ETH | ETHUSDT | 8h |
| SOL | SOLUSDT | 8h |
| XRP | XRPUSDT | 8h |