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TLM — funding rate on Binance

Binance · TLMUSDT
-0.287%per 4h · -0.072%/hlongs receive
last settlement-0.294%upcoming payout-0.287% unchanged
5:20:22settlement
14calmheat
Price (mark)
0.0017
+1.1% 1h+2.2% 24h
Vol 24h
$15.2M
Open interest
$3.5M+0% vs 7d median
Price move in 2 min
+1.27%
Orderbook · nearest walls
Support below (bid)
0.0016830.66%$9K
0.0017
Resistance above (ask)
$7K+0.35%0.0017

Price and skew

Price and settlements
288 five-minute candles — a day around the event
updownsettlement and rate5 minutes · 24h
Imbalance dynamicsPRO · open for now
now $3.5M·series over 23h 53m·event alive for 32h 49m
imbalance is holdingno new positions are piling in, but none are leaving either
OI, TLMpricesettlements · 4h
over the seriesover the last hourpositions+8.6%+2.0%price+1.9%+1.0%
Event life curvePRO · open for now
Across 4 closed events of this pair: a typical one lives 5h 28m, the peak usually lands at minute 82.5–87.5
median across 4 eventscurrent eventmedian peak minute

at later minutes only long-livers remain in the sample — the curve is conditional, not «acceleration»

Entry economics

Position calculator
Position size
$2,500
Funding per settlement (4h)
$7.16 · $1.79/hour
Net snipe per settlement
$3.16 = 0.287%0.110% 0.050%
Break-even for entry
rate covers the threshold 1.79×needs 0.160%+ per settlement
Liquidation price
0.001369 (−19.50% from price)
Risk at this leverage
low risk— price moved up to +1.27% in 2 min
Max “green” leverage
23x

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 (15)
before cut-off · 5m · the snipe window (8)
avg+0.10% | -0.68%
max-1.61%
after · 5m
avg+0.46% | -0.77%
max-2.03%
before cut-off · 15m
avg+1.06% | -0.73%
max+2.78%
after · 15m
avg+0.66% | -1.09%
max-2.69%
Cut-offRateBeforeAfter
27.07 12:00-0.454%+0.60%-1.37%
27.07 08:00-0.386%-1.15%-0.73%
27.07 04:00-0.276%-0.30%-0.06%
27.07 00:00-0.294%-0.12%+0.42%
26.07 20:00-0.452%+2.78%-2.48%
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 8 settlements
average across settlementsspread: worst … best outcome

Context and comparison

Funding history · 229 settlements
avg 7d -0.067%/havg 30d -0.033%/h
TLM on 3 exchanges
Binance← you are here-0.072%/h
longsrate -0.287% / 4hsnipe +0.127%
Bitget-0.069%/h
longsrate -0.276% / 4hsnipe +0.116%
Bybit-0.050%/h
longsrate -0.398% / 8hsnipe +0.238%

Max spread across exchanges: +0.022%/h

Rates across exchangesPRO · open for now

3 exchanges on one timeline

Bitgetevery 4hBinanceevery 4hBybitevery 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
0.0118%/h
widest spread
0.135%/h
23.07 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.