← radarnow $5.5M·series over 2h 50m·event closed, lasted 4h 14m
ESP — funding rate on Binance
Binance · ESPUSDT-0.110%per 4h · -0.027%/hlongs receive
last settlement-0.116%→upcoming payout-0.110%• unchanged
1:20:22settlement
1calmheat
Price (mark)
0.088054
-7.7% 24h
Vol 24h
$301.2M
Open interest
—
Price move in 2 min
—
avg 7d
-0.011%/h
avg 30d
-0.004%/h
Price and skew
Price and settlements
34 five-minute candles — a day around the event
updown▲ settlement and rate5 minutes · 24h
Imbalance dynamicsPRO · open for now
imbalance is holdingno new positions are piling in, but none are leaving either
OI, ESPpricesettlements · 4h
over the seriesover the last hourpositions-6.1%-1.4%price-0.5%+2.6%
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $2.74 · $0.68/hour
- Net snipe per settlement
- $-1.26 = 0.110% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.68×needs 0.160%+ per settlement
- Liquidation price
- 0.070883 (−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-4.57%
max-4.57%
after · 5m
avg-4.42%
max-4.42%
before cut-off · 15m
avg-3.07%
max-3.07%
after · 15m
avg-3.94%
max-3.94%
Context and comparison
Funding history · 228 settlements
avg 7d -0.011%/havg 30d -0.004%/h
ESP on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance ← you are here | -0.110% / 4h | -0.027%/h | longs | -0.050% |
| OKX | -0.095% / 4h | -0.024%/h | longs | -0.065% |
| Bybit | -0.090% / 4h | -0.022%/h | longs | -0.070% |
| Bitget | -0.071% / 8h | -0.009%/h | longs | -0.089% |
Binance← you are here-0.027%/h
longsrate -0.110% / 4hsnipe -0.050%
OKX-0.024%/h
longsrate -0.095% / 4hsnipe -0.065%
Bybit-0.022%/h
longsrate -0.090% / 4hsnipe -0.070%
Bitget-0.009%/h
longsrate -0.071% / 8hsnipe -0.089%
Max spread across exchanges: +0.019%/h
Rates across exchangesPRO · open for now
4 exchanges on one timeline
Bitgetevery 8hOKXevery 4hBinanceevery 4hBybitevery 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
0.0035%/h
widest spread
0.131%/h
26.07 09:00 · Bybit ↔ Bitget
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.