← radar
-0.243%per 8h · -0.030%/hlongs receive
last settlement0.000%→upcoming payout-0.243%▲ heating up
nowsettlement
2calmheat
Price (mark)
42.24
-4.1% 24h
Vol 24h
$1.3M
Open interest
—
Price move in 2 min
—
avg 7d
+0.001%/h
avg 30d
0.000%/h
Price and skew
Liquidations
24h$171
$171 longs$0 shorts
Longs were wiped — 100% of the total. Quiet over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $6.07 · $0.76/hour
- Net snipe per settlement
- $2.07 = 0.243% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 1.52×needs 0.160%+ per settlement
- Liquidation price
- 34.0032 (−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.
Context and comparison
Funding history · 270 settlements
URNM on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance ← you are here | -0.243% / 8h | -0.030%/h | longs | +0.083% |
| OKX | -0.150% / 8h | -0.019%/h | longs | -0.010% |
| Bybit | -0.079% / 8h | -0.010%/h | longs | -0.081% |
| Bitget | 0.000% / 8h | 0.000%/h | shorts | -0.160% |
Binance← you are here-0.030%/h
longsrate -0.243% / 8hsnipe +0.083%
OKX-0.019%/h
longsrate -0.150% / 8hsnipe -0.010%
Bybit-0.010%/h
longsrate -0.079% / 8hsnipe -0.081%
Bitget0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%
Max spread across exchanges: +0.030%/h
URNM across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
4 exchanges on one timeline
Binanceevery 8hOKXevery 8hBybitevery 8hBitgetevery 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
0.0000%/h
widest spread
0.0191%/h
04.11 01:00 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.