Rates/Bybit/XCN/USDT

Bybit XCN/USDT Funding Rate

3,006 settlements analyzed · 2022-04-28 to 2025-01-24

Avg Rate / Settlement

-0.0796%

Per funding period

Annualized Yield

-87.21%

Projected annual

Positive Rate %

60.8%

of 3,006 settlements

Interval

3 settlements/day

Funding Rate Analysis

XCN/USDT on Bybit has maintained a 60.8% positive rate frequency across 3,006 funding settlements since 2022-04-28. This translates to an annualized yield of -87.21% for delta-neutral positions.

The funding rate ranged from a low of -4% to a high of 0.9522% per settlement period. With 8-hour intervals, Bybit settles this pair 3 times per day — each settlement is a tradeable event.

Will XCN/USDT funding rate be positive? See prediction →

Trade This Rate on Settled

Don't just watch the rate — predict it. Buy YES or NO on whether XCN/USDT funding rate will be positive at the next Bybit settlement. Markets auto-resolve every 8 hours.

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How Bybit Funding Rates Work

Funding rates are periodic payments between long and short traders on perpetual futures contracts. When the rate is positive, longs pay shorts — indicating bullish sentiment and excess leverage on the long side. When negative, shorts pay longs.

Bybit settles XCN/USDT funding every 8 hours. The rate is determined by the premium/discount between the perpetual contract price and the spot index price. Over 3,006 historical settlements, we observe a strong positive bias — making this pair moderately predictable for Settled markets.

Frequently Asked Questions

What is the average XCN/USDT funding rate on Bybit?

The average funding rate is -0.0796% per 8-hour settlement period, which annualizes to approximately -87.21% APR.

How often does XCN/USDT have a positive funding rate?

60.8% of the time, based on 3,006 historical settlements from 2022-04-28 to 2025-01-24.

Can I trade XCN/USDT funding rates on Settled?

Yes — Settled creates binary prediction markets before each Bybit XCN/USDT funding settlement. You can buy YES (rate will be positive) or NO (rate will be negative or zero). Markets auto-resolve from exchange API data.