Take a square paper.
Fold it into half joining any two parallel sides.
Fold the half into half again.
Open the second fold.
Then open it from inside as shown in the figure.
Flip the object and turn it in the same way as above.
You will get a triangle.
On the triangle there will be two flaps.
Take the upper flap and fold it upwards.
Flip the object and fold the other flap similarly as above.
Now give a fold to the sides as shown in the figure through the dotted line.
Give similar fold to the flap below without flipping the object.
Put both the corners of the flap inside their respective space.
Flip the object.
Open the flaps outward as shown in the figure.
Fold the upper triangle shaped part of the object.
Then open it. You will get a crease.
Now fold the lower corner part in the same way.
Hold all the flaps and push one flap to open it from the center.
Other option is hold it properly and blow a slight puff into the object.
Open the two upper flaps as shown in the figure. Make eyes and lips. Your inflatable bunny is ready.