← radar
HOT — funding rate on Binance
Binance · HOTUSDT-0.086%per 1h · -0.086%/hlongs receive
last settlement-0.160%→upcoming payout-0.086%▼ cooling down
26:34settlement
35warmheat
Price (mark)
0.000417
-1.1% 1h-2.6% 24h
Vol 24h
$129.8M
Open interest
$5.3M+10% vs 7d median
Price move in 2 min
+1.04%
avg 7d
-0.151%/h12 extreme in a row
avg 30d
-0.111%/h
Orderbook · nearest wallssnapshot 1 min ago
Support below (bid)
-4.43%
0.000398·$64K×7 median
Price now
0.000417
Resistance above (ask)
+1.50%
0.000423·$25K×5 median
Depth screenerPRO · open for now
observation window 7 days · snapshot 1 min ago
Support below (bid)
-4.43%0.000398$64K×7 median
broke through 0 of 1 times
-5.01%0.000396$63K×7 median
price never reached it
Resistance above (ask)
+1.50%0.000423$25K×5 median
broke through 12 of 15 times
+2.72%0.000428$50K×11 median
broke through 7 of 12 times
+6.31%0.000443$25K×5 median
broke through 9 of 13 times
+6.40%0.000443$36K×8 median
broke through 7 of 11 times
+6.51%0.000444$40K×9 median
broke through 5 of 12 times
Price and skew
Price and settlements
288 five-minute candles — a day around the event
updown▲ settlement and ratemark price
Liquidations
24h$638K
$258K longs$381K shorts
Both sides almost equally. $8K over the last hour.
Imbalance dynamicsPRO · open for now
now $5.3M·series over 23h 56m·event alive for 12h 5m
now $5.3M·series over 23h 56m·event alive for 12h 5m
imbalance is holdingno new positions are piling in, but none are leaving either
OI, HOTpricesettlements · 1h
over the seriesover the last hourpositions+2.2%-1.7%price-2.8%-0.4%
Event life curvePRO · open for now
Across 6 closed events of this pair: a typical one lives 8h 53m, the peak usually lands at minute 60–65
median across 6 eventscurrent eventmedian 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 4 of 6 cases
median accrued 4.55%; in at least half the events price moved in the receiver's favour
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (1h)
- $2.14 · $2.14/hour
- Net snipe per settlement
- $-1.86 = 0.086% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.54×needs 0.160%+ per settlement
- Liquidation price
- 0.000336 (−19.50% from price)
- Risk at this leverage
- low risk— price moved up to +1.04% in 2 min
- Max “green” leverage
- 27x
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+0.54% | -0.46%
max-1.86%
after · 5m
avg+0.70% | -0.80%
max-3.17%
before cut-off · 15m
avg+1.19% | -0.95%
max+3.32%
after · 15m
avg+2.29% | -0.73%
max+14.90%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 09.11 15:00 | -0.160% | +0.74% | -1.54% |
| 09.11 14:00 | -0.143% | +1.12% | +0.50% |
| 09.11 13:00 | -0.109% | +0.17% | +0.36% |
| 09.11 12:00 | -0.127% | +0.31% | -1.13% |
| 09.11 11:00 | -0.212% | -0.59% | +0.33% |
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 30 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 370 settlements
HOT on 2 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance ← you are here | -0.086% / 1h | -0.086%/h | longs | -0.074% |
| Bitget | -0.082% / 1h | -0.082%/h | longs | -0.078% |
Binance← you are here-0.086%/h
longsrate -0.086% / 1hsnipe -0.074%
Bitget-0.082%/h
longsrate -0.082% / 1hsnipe -0.078%
Max spread across exchanges: +0.004%/h
HOT across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
2 exchanges on one timeline
Bitgetevery 1hBinanceevery 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
0.0248%/h
widest spread
0.0628%/h
09.11 02:00 UTC · Binance ↔ 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.