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BZ — funding rate on Binance
Binance · BZUSDT-0.121%per 4h · -0.030%/hlongs receive
last settlement-0.098%→upcoming payout-0.121%▲ heating up
2:36:17settlement
2calmheat
Price (mark)
93.09
-4.8% 24h
Vol 24h
$749.9M
Open interest
—
Price move in 2 min
—
avg 7d
-0.006%/h
avg 30d
-0.004%/h
Price and skew
Liquidations
24h$688K
$609K longs$79K shorts
Longs were wiped — 88% of the total. $102 over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $3.04 · $0.76/hour
- Net snipe per settlement
- $-0.96 = 0.121% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.76×needs 0.160%+ per settlement
- Liquidation price
- 74.9375 (−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 (1)
before cut-off · 5m · the snipe window (1)
avg+0.63%
max+0.63%
after · 5m
avg-1.23%
max-1.23%
before cut-off · 15m
avg+1.06%
max+1.06%
after · 15m
avg-0.58%
max-0.58%
Context and comparison
Funding history · 546 settlements
BZ on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit | -0.295% / 8h | -0.037%/h | longs | +0.135% |
| Binance ← you are here | -0.121% / 4h | -0.030%/h | longs | -0.039% |
| OKX | -0.120% / 4h | -0.030%/h | longs | -0.040% |
| Bitget | -0.109% / 4h | -0.027%/h | longs | -0.051% |
Bybit-0.037%/h
longsrate -0.295% / 8hsnipe +0.135%
Binance← you are here-0.030%/h
longsrate -0.121% / 4hsnipe -0.039%
OKX-0.030%/h
longsrate -0.120% / 4hsnipe -0.040%
Bitget-0.027%/h
longsrate -0.109% / 4hsnipe -0.051%
Max spread across exchanges: +0.010%/h
BZ across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
4 exchanges on one timeline
Bitgetevery 4hBybitevery 8hBinanceevery 4hOKXevery 4hrate 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
0.0013%/h
widest spread
0.0191%/h
06.11 21:00 UTC · Bitget ↔ OKX
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.