← radar
-0.238%per 4h · -0.060%/hlongs receive
last settlement+0.002%→upcoming payout-0.238%▲ heating up
1:26:46settlement
3calmheat
Price (mark)
80.0391
-7.4% 24h
Vol 24h
$64.5M
Open interest
—
Price move in 2 min
—
avg 7d
-0.003%/h
avg 30d
+0.001%/h
Price and skew
Price and settlements
288 five-minute candles — a day around the event
updown▲ settlement and ratemark price
Liquidations
24h$67K
$51K longs$16K shorts
Longs were wiped — 76% of the total. $7K over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $5.96 · $1.49/hour
- Net snipe per settlement
- $1.96 = 0.238% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 1.49×needs 0.160%+ per settlement
- Liquidation price
- 64.4315 (−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 (4)
before cut-off · 5m · the snipe window (4)
avg+0.05% | -0.23%
max-0.45%
after · 5m
avg-0.47%
max-1.15%
before cut-off · 15m
avg+0.20% | -0.71%
max-1.10%
after · 15m
avg+0.73% | -1.03%
max+1.23%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 05.11 20:00 | -0.139% | -0.33% | -0.92% |
| 05.11 16:00 | -0.686% | -1.10% | +1.23% |
| 18.10 00:00 | -0.342% | +0.23% | -1.14% |
| 08.10 20:00 | -0.217% | +0.16% | +0.23% |
Settlement profilePRO · free in beta
How this pair's price behaves around the payout — averaged over 4 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 480 settlements
ZHONGJI on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance ← you are here | -0.238% / 4h | -0.060%/h | longs | +0.078% |
| Bybit | -0.219% / 8h | -0.027%/h | longs | +0.059% |
| Bitget | -0.142% / 8h | -0.018%/h | longs | -0.018% |
| OKX | -0.049% / 8h | -0.006%/h | longs | -0.111% |
Binance← you are here-0.060%/h
longsrate -0.238% / 4hsnipe +0.078%
Bybit-0.027%/h
longsrate -0.219% / 8hsnipe +0.059%
Bitget-0.018%/h
longsrate -0.142% / 8hsnipe -0.018%
OKX-0.006%/h
longsrate -0.049% / 8hsnipe -0.111%
Max spread across exchanges: +0.053%/h
ZHONGJI across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
4 exchanges on one timeline
OKXevery 8hBitgetevery 8hBinanceevery 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
0.0059%/h
widest spread
0.114%/h
05.11 14:00 UTC · OKX ↔ Binance
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.