← radar
-0.252%per 8h · -0.032%/hlongs receive
last settlement-0.249%→upcoming payout-0.252%• unchanged
7:59:27settlement
2calmheat
Price (mark)
624.6
+6.8% 24h
Vol 24h
$1.4M
Open interest
—
Price move in 2 min
—
avg 7d
+0.005%/h
avg 30d
+0.003%/h
Price and skew
Liquidations
24h$585
$302 longs$284 shorts
Both sides almost equally. Quiet over the last hour.
Event life curvePRO · free in beta
Across 4 closed events of this pair: a typical one lives 4h 32m, the peak usually lands at minute 35–40
median across 4 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 3 of 4 cases
median — 0.38% accrued against a 0.33% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $6.3 · $0.79/hour
- Net snipe per settlement
- $2.3 = 0.252% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 1.58×needs 0.160%+ per settlement
- Liquidation price
- 502.803 (−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 (7)
before cut-off · 5m · the snipe window (7)
avg+0.49% | -1.11%
max-1.98%
after · 5m
avg+1.98% | -0.74%
max+1.98%
before cut-off · 15m
avg+0.75% | -1.10%
max-2.03%
after · 15m
avg+2.22% | -0.80%
max+2.22%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 30.10 00:00 | +0.855% | +1.10% | +2.22% |
| 16.10 16:00 | -0.456% | -0.18% | -0.43% |
| 09.10 16:00 | -0.372% | -2.03% | -1.19% |
| 09.10 08:00 | -0.590% | +0.05% | -0.24% |
| 09.10 00:00 | -0.609% | +0.85% | -1.35% |
Settlement profilePRO · free in beta
How this pair's price behaves around the payout — averaged over 7 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 138 settlements
BWET on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance ← you are here | -0.252% / 8h | -0.032%/h | longs | +0.092% |
| OKX | -0.224% / 8h | -0.028%/h | longs | +0.064% |
| Bybit | -0.120% / 8h | -0.015%/h | longs | -0.040% |
| Bitget | 0.000% / 8h | 0.000%/h | shorts | -0.160% |
Binance← you are here-0.032%/h
longsrate -0.252% / 8hsnipe +0.092%
OKX-0.028%/h
longsrate -0.224% / 8hsnipe +0.064%
Bybit-0.015%/h
longsrate -0.120% / 8hsnipe -0.040%
Bitget0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%
Max spread across exchanges: +0.032%/h
BWET across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
4 exchanges on one timeline
Bitgetevery 8hOKXevery 8hBybitevery 8hBinanceevery 8hrate 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
0.0089%/h
widest spread
0.0405%/h
11.11 17:00 UTC · Bitget ↔ Binance
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.