← radar
-0.162%per 4h · -0.040%/hlongs receive
last settlement-0.101%→upcoming payout-0.162%▲ heating up
1:53:41settlement
2calmheat
Price (mark)
0.023101
+2.0% 24h
Vol 24h
$18.4M
Open interest
—
Price move in 2 min
—
avg 7d
-0.060%/h
avg 30d
-0.028%/h
Price and skew
Price and settlements
211 five-minute candles — a day around the event
updown▲ settlement and ratemark price
Liquidations
24h$17K
$13K longs$4K shorts
Longs were wiped — 75% of the total. Quiet over the last hour.
Event life curvePRO · free in beta
Across 14 closed events of this pair: a typical one lives 11h 21m, the peak usually lands at minute 150–155
median across 14 eventsmedian peak minute
at later minutes only long-livers remain in the sample — the curve is conditional, not «acceleration»
How they ended: funding covered the adverse price move in 5 of 14 cases
median — 0.96% accrued against a 3.15% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $4.04 · $1.01/hour
- Net snipe per settlement
- $0.04 = 0.162% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 1.01×needs 0.160%+ per settlement
- Liquidation price
- 0.018597 (−19.50% from price)
- Risk at this leverage
- no volatility data
- Max “green” leverage
- —
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 (30)
before cut-off · 5m · the snipe window (30)
avg+0.42% | -0.70%
max-3.33%
after · 5m
avg+0.63% | -0.72%
max-1.94%
before cut-off · 15m
avg+0.48% | -1.33%
max-3.66%
after · 15m
avg+1.11% | -0.50%
max+6.18%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 09.11 12:00 | -0.253% | +0.09% | -0.13% |
| 09.11 08:00 | -0.390% | +0.22% | +0.70% |
| 09.11 04:00 | -0.518% | +0.17% | +1.14% |
| 09.11 00:00 | -0.664% | -0.41% | +0.45% |
| 08.11 16:00 | -0.284% | +0.48% | +0.16% |
Settlement profilePRO · free in beta
How this pair's price behaves around the payout — averaged over 30 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 644 settlements
BMT on 5 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bitunix | -0.169% / 4h | -0.042%/h | longs | +0.009% |
| Binance ← you are here | -0.162% / 4h | -0.040%/h | longs | +0.002% |
| Aster | -0.028% / 1h | -0.028%/h | longs | -0.132% |
| Gate | -0.112% / 4h | -0.028%/h | longs | -0.048% |
| Bybit | -0.108% / 4h | -0.027%/h | longs | -0.052% |
Bitunix-0.042%/h
longsrate -0.169% / 4hsnipe +0.009%
Binance← you are here-0.040%/h
longsrate -0.162% / 4hsnipe +0.002%
Aster-0.028%/h
longsrate -0.028% / 1hsnipe -0.132%
Gate-0.028%/h
longsrate -0.112% / 4hsnipe -0.048%
Bybit-0.027%/h
longsrate -0.108% / 4hsnipe -0.052%
Max spread across exchanges: +0.015%/h
BMT across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
5 exchanges on one timeline
Bybitevery 4hBitunixevery 4hBinanceevery 4hGateevery 4hAsterevery 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
0.0173%/h
widest spread
0.0744%/h
08.11 05:00 UTC · Gate ↔ 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.