← radar
-0.338%per 1h · -0.338%/hlongs receive
last settlement-0.531%→upcoming payout-0.338%▼ cooling down
5:55settlement
44warmheat
Price (mark)
0.001388
-5.5% 1h-34.8% 24h
Vol 24h
$471K
Open interest
$22K
Price move in 2 min
+2.82%
avg 7d
-0.747%/h6 extreme in a row
avg 30d
-0.747%/h
Orderbook · nearest wallssnapshot 3 min ago
Support below (bid)
-0.65%
0.001379·$8K×15 median
Price now
0.001388
Resistance above (ask)
+0.79%
0.001399·$7K×12 median
Depth screenerPRO · free in beta
observation window 1 day · snapshot 3 min ago
Support below (bid)
-0.65%0.001379$8K×15 median
price never reached it
Resistance above (ask)
+0.79%0.001399$7K×12 median
broke through 0 of 1 times
+6.92%0.001484$6K×9 median
price never reached it
Price and skew
Price and settlements
208 five-minute candles — a day around the event
updown▲ settlement and ratemark price
Liquidations
24h$666
$666 longs$0 shorts
Longs were wiped — 100% of the total. Quiet over the last hour.
Imbalance dynamicsPRO · free in beta
now $22K·series over 2h 40m·event alive for 2h 48m
now $22K·series over 2h 40m·event alive for 2h 48m
positions are unwindingthe exit phase: entering now bets on what's left of the move
OI, SOPHpricesettlements · 1h
over the seriesover the last hourpositions-74.8%-35.7%price-2.6%-7.0%
Event life curvePRO · free in beta
Appears once the event closes: the curve is built from finished ones only.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (1h)
- $8.45 · $8.45/hour
- Net snipe per settlement
- $4.45 = 0.338% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 2.11×needs 0.160%+ per settlement
- Liquidation price
- 0.001117 (−19.50% from price)
- Risk at this leverage
- low risk— price moved up to +2.82% in 2 min
- Max “green” leverage
- 11x
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Settlement window · facts (2)
before cut-off · 5m · the snipe window (2)
avg+0.59% | -1.34%
max-1.34%
after · 5m
avg+5.76% | -2.51%
max+5.76%
before cut-off · 15m
avg-1.13%
max-1.74%
after · 15m
avg-2.94%
max-5.23%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 15.11 14:00 | -0.531% | -1.74% | -5.23% |
| 15.11 13:00 | -1.075% | -0.52% | -0.65% |
Settlement profilePRO · free in beta
Building from upcoming settlements: 2 of 3 captured. Each one is added within fifteen minutes of the payout.
Context and comparison
Funding history · 7 settlements
SOPH on 8 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit | -0.526% / 1h | -0.526%/h | longs | +0.366% |
| Binance | -0.349% / 1h | -0.349%/h | longs | +0.189% |
| Aster ← you are here | -0.338% / 1h | -0.338%/h | longs | +0.178% |
| Bitunix | -0.334% / 1h | -0.334%/h | longs | +0.174% |
| Bitget | -0.315% / 1h | -0.315%/h | longs | +0.155% |
| Gate | -0.278% / 1h | -0.278%/h | longs | +0.118% |
| OKX | -0.245% / 1h | -0.245%/h | longs | +0.085% |
| Hyperliquid | -0.133% / 1h | -0.133%/h | longs | -0.027% |
Bybit-0.526%/h
longsrate -0.526% / 1hsnipe +0.366%
Binance-0.349%/h
longsrate -0.349% / 1hsnipe +0.189%
Aster← you are here-0.338%/h
longsrate -0.338% / 1hsnipe +0.178%
Bitunix-0.334%/h
longsrate -0.334% / 1hsnipe +0.174%
Bitget-0.315%/h
longsrate -0.315% / 1hsnipe +0.155%
Gate-0.278%/h
longsrate -0.278% / 1hsnipe +0.118%
OKX-0.245%/h
longsrate -0.245% / 1hsnipe +0.085%
Hyperliquid-0.133%/h
longsrate -0.133% / 1hsnipe -0.027%
Max spread across exchanges: +0.393%/h
SOPH across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
8 exchanges on one timeline
Hyperliquidevery 1hBitunixevery 1hAsterevery 1hBitgetevery 1hBinanceevery 1hOKXevery 1hGateevery 1hBybitevery 1hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0123%/h
widest spread
1.855%/h
15.11 13:00 UTC · Hyperliquid ↔ Bybit
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter long before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a long here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.