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STEEM — funding rate on Binance

Binance · STEEMUSDT
-0.853%per 4h · -0.213%/hlongs receive
last settlement-0.443%→upcoming payout-0.853%▲ heating up
1:09:20settlement
22warmheat
Price (mark)
0.06129
-1.8% 1h-3.6% 24h
Vol 24h
$22.3M
Open interest
$2.5M+9% vs 7d median
Price move in 2 min
+0.86%
Orderbook · nearest wallssnapshot 4 min ago
Support below (bid)
-0.66%
0.060886·$12K×6 median
Price now
0.06129
Resistance above (ask)
-0.07%broken
0.061246·$11K×12 median
Depth screenerPRO · open for now
observation window 2 days · snapshot 4 min ago
Support below (bid)
-0.66%0.060886$12K×6 median
broke through 0 of 1 times
-0.77%0.06082$17K×9 median
broke through 0 of 2 times
-0.87%0.060759$17K×9 median
broke through 0 of 1 times
-0.98%0.060692$21K×11 median
price never reached it
-1.07%0.060633$12K×6 median
price never reached it
Resistance above (ask)
-0.07%0.061246broken$11K×12 median
broke through 3 of 4 times
+0.03%0.061309$13K×15 median
broke through 2 of 4 times
+0.13%0.061371$28K×32 median
broke through 2 of 2 times
+0.23%0.061433$14K×16 median
broke through 1 of 1 times
+0.33%0.061491$18K×21 median
broke through 0 of 1 times

Price and skew

Price and settlements
287 five-minute candles — a day around the event
updown▲ settlement and ratemark price
Liquidations
24h$54K
$35K longs$18K shorts
Longs were wiped — 66% of the total. $104 over the last hour.
Imbalance dynamicsPRO · open for now
now $2.5M·series over 23h 55m·event alive for 3h 16m
imbalance is holdingno new positions are piling in, but none are leaving either
OI, STEEMpricesettlements · 4h
over the seriesover the last hourpositions+19.2%-0.7%price-3.8%-2.1%
Event life curvePRO · open for now
Appears once the event closes: the curve is built from finished ones only.

Entry economics

Position calculator
Position size
$2,500
Funding per settlement (4h)
$21.33 · $5.33/hour
Net snipe per settlement
$17.33 = 0.853% − 0.110% − 0.050%
Break-even for entry
rate covers the threshold 5.33×needs 0.160%+ per settlement
Liquidation price
0.049338 (−19.50% from price)
Risk at this leverage
low risk— price moved up to +0.86% in 2 min
Max “green” leverage
32x

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 (27)
before cut-off · 5m · the snipe window (27)
avg+0.45% | -0.62%
max-3.65%
after · 5m
avg+1.27% | -1.05%
max+5.70%
before cut-off · 15m
avg+0.55% | -0.93%
max-3.11%
after · 15m
avg+2.06% | -1.22%
max+6.76%
Cut-offRateBeforeAfter
25.09 00:00-0.443%-0.03%+0.84%
24.09 12:00-0.331%-0.18%-1.07%
24.09 08:00-0.454%-0.20%-0.28%
24.09 04:00-0.693%-2.37%-2.10%
17.09 04:00-0.269%0.00%-0.53%
PRO · open for now
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 27 settlements
average across settlementsspread: worst … best outcome

Context and comparison

Funding history · 542 settlements
avg 7d -0.015%/havg 30d -0.029%/hCSV export — in PRO
STEEM on 3 exchanges
Bitget-0.214%/h
longsrate -0.855% / 4hsnipe +0.695%
Binance← you are here-0.213%/h
longsrate -0.853% / 4hsnipe +0.693%
Bybit-0.176%/h
longsrate -0.705% / 4hsnipe +0.545%

Max spread across exchanges: +0.038%/h

STEEM across all exchanges: comparison & curves →
Rates across exchangesPRO · open for now

3 exchanges on one timeline

Binanceevery 4hBitgetevery 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
0.0045%/h
widest spread
0.0776%/h
24.09 01:00 UTC · Bitget ↔ 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.