← radarnow $1.5M·series over 3h 13m·event closed, lasted 4h 35m
ESP — funding rate on Bitget
Bitget · ESPUSDT-0.071%per 8h · -0.009%/hlongs receive
last settlement-0.169%→upcoming payout-0.071%▼ cooling down
1:20:22settlement
0calmheat
Price (mark)
0.087842
-7.6% 24h
Vol 24h
$39.4M
Open interest
$2.0M
Price move in 2 min
—
avg 7d
-0.009%/h
avg 30d
-0.008%/h
Price and skew
Price and settlements
38 five-minute candles — a day around the event
updown▲ settlement and rate5 minutes · 24h
Imbalance dynamicsPRO · open for now
imbalance is holdingno new positions are piling in, but none are leaving either
OI, ESPpricesettlements · 8h
over the seriesover the last hourpositions-25.5%-2.5%price+2.2%+3.9%
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $1.77 · $0.22/hour
- Net snipe per settlement
- $-2.23 = 0.071% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.44×needs 0.160%+ per settlement
- Liquidation price
- 0.070713 (−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 (1)
before cut-off · 5m · the snipe window (1)
avg-4.55%
max-4.55%
after · 5m
avg-4.25%
max-4.25%
before cut-off · 15m
avg-2.85%
max-2.85%
after · 15m
avg-3.98%
max-3.98%
Context and comparison
Funding history · 26 settlements
avg 7d -0.009%/havg 30d -0.008%/h
ESP on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance | -0.110% / 4h | -0.027%/h | longs | -0.050% |
| OKX | -0.095% / 4h | -0.024%/h | longs | -0.065% |
| Bybit | -0.090% / 4h | -0.022%/h | longs | -0.070% |
| Bitget ← you are here | -0.071% / 8h | -0.009%/h | longs | -0.089% |
Binance-0.027%/h
longsrate -0.110% / 4hsnipe -0.050%
OKX-0.024%/h
longsrate -0.095% / 4hsnipe -0.065%
Bybit-0.022%/h
longsrate -0.090% / 4hsnipe -0.070%
Bitget← you are here-0.009%/h
longsrate -0.071% / 8hsnipe -0.089%
Max spread across exchanges: +0.019%/h
Rates across exchangesPRO · open for now
4 exchanges on one timeline
Bitgetevery 8hOKXevery 4hBinanceevery 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
0.0035%/h
widest spread
0.131%/h
26.07 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.