Optimism (OP) Funding Rate and Open Interest on Bybit
Live Bybit OP data from Bybit's public API. Charts show Bybit only; the table compares OP on every tracked exchange.
Bybit has $4.45M of OP perpetual open interest, 16.6% of the $26.75M across the 9 exchanges counted in the OP total here (#3). OP funding on Bybit (OPUSDT) is -0.0020% per 8 hours (≈-2% APR), settles every 8 hours; -0.0016% OI-weighted across its 2 OP perps, above the OI-weighted average of -0.0053% across exchanges. Bybit OP open interest changed -4.70% over the last 24h. $31K of Bybit OP positions were liquidated over the last 24 hours, 88.1% of it longs.
Bybit OP liquidations · last 24 hours
All liquidations →OP markets on Bybit
2 perps · 1 spotOP funding on Bybit
8h equivalent, this exchange onlyLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
OP open interest on Bybit
USD, this exchange onlyLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
Seven completed days of OP funding observations on Bybit
Recorded funding history is loading. Reload shortly to see the observations. Live quotes and charts are independent of this table.
Daily mean of hourly observed 8-hour-equivalent funding, not settled payments or a cashflow sum. Each hour uses the chart's open-interest weighting across Bybit OP perpetual contracts (a plain mean when no positive OI is available). Stored rates are already normalized; today's settlement interval is not applied again. Coverage counts usable hourly buckets, not every five-minute sample. Missing hours are excluded, not zero.
Latest recorded funding settlements
OPUSDT on Bybit · native perpetual funding payments reported by the exchange. Latest 30 records at most, within the 30 days ending 2026-11-12 02:50:00.000 UTC. This ledger covers this contract only.
Settlement history is loading. Reload to see recorded payments when ready. Current quotes and observed funding history remain independent of this ledger.
Last 24 completed UTC hours of OP open interest on Bybit
Recorded hourly open interest is loading. Reload shortly to see the rows. Live figures and charts are independent of this table.
Each hour is the last recorded open interest per Bybit OP perpetual contract within that hour, summed across contracts, exactly as the Bybit open interest chart above is built. A contract missing from an hour is carried forward from its last recorded value for at most four hours, as on the chart. These are recorded samples from Bybit's public API, not a complete census of every open position nor a list of every freshly observed print. An hour without a recorded value is unavailable, not zero, and a change is shown only between two adjacent recorded hours whose earlier value is positive.
OP on every exchange
OP funding, all exchanges →| # | Exchange | Open interest | Share | Funding / 8h | APR | Perp vol 24h |
|---|---|---|---|---|---|---|
| 1 | Binance | $12.05M | 45.1% | -0.0036% | ≈-4% APR | $19.84M |
| 2 | Gate | $4.79M | 17.9% | -0.0238% | ≈-26% APR | $561K |
| 3 | Bybit | $4.45M | 16.6% | -0.0016% | ≈-2% APR | $8.95M |
| 4 | Bitget | $2.11M | 7.9% | -0.0039% | ≈-4% APR | $953K |
| 5 | KuCoin | $1.77M | 6.6% | 0.0100% | ≈11% APR | $14.64M |
| 6 | Hyperliquid | $1.29M | 4.8% | 0.0100% | ≈11% APR | $839K |
| 7 | Aster | $119K | 0.4% | 0.0100% | ≈11% APR | $29K |
| 8 | Lighter | $116K | 0.4% | 0.0096% | ≈11% APR | $138K |
| 9 | HTX | $54K | 0.2% | 0.0100% | ≈11% APR | $26K |
| — | MEXC | $4.80M | not ranked | -0.0035% | ≈-4% APR | $3.77M |
How it's counted. Open interest is the USD value of open OP perpetual positions (one side) at the mark price. Funding is shown as the 8-hour equivalent so exchanges with 1-, 4- and 8-hour settlements compare directly; the interval column gives the current quoted rate for each market's native funding interval. This quote can change before settlement and does not prove a payment already occurred. HIP-3 markets that share the ticker are left out. Coverage: Every liquidation (allLiquidation stream); OI and funding polled every 30s; USDT and inverse perps.
OP on Bybit FAQ
What is the OP funding rate on Bybit?
-0.0020% per 8 hours (≈-2% APR) is the OP perpetual funding rate on Bybit for OPUSDT, its largest OP perp with a live quote. OI-weighted across its 2 OP perps, -0.0016% per 8 hours. Negative means shorts pay longs. The chart below shows Bybit's OP funding history only.
How often does Bybit pay OP funding?
Bybit settles OPUSDT funding every 8 hours; the 8-hour figures on this page are scaled to that interval for comparison. The current quote can change before settlement and does not prove a payment already occurred.
How much OP open interest is on Bybit?
$4.45M open OP perpetual positions on Bybit, valued at the current mark price and counted on one side. The comparison table shows every other exchange's share.
Where does the data come from?
Bybit's public market-data API, read live by this site. Nothing here comes from paid data vendors.