ETN — funding rate on Bitget

Bitget · ETNUSDT

+0.390%per 8h · +0.049%/hshorts receive

last settlement0.000%→upcoming payout+0.390%▲ heating up

4:02:29settlement

2calmheat

Price (mark)

434.63

-1.1% 24h

Vol 24h

$92K

Open interest

$161K

Price move in 2 min

—

avg 7d

-0.003%/h

avg 30d

-0.001%/h

Entry economics

Position calculator

Margin, USD= $2,500 position at 5xLeverage · max 20xe.g. “5”Fees per side, %

takermaker

Position size: $2,500
Funding per settlement (8h): $9.74 · $1.22/hour
Net snipe per settlement: $5.74 = 0.390% − 0.110% − 0.050%
Break-even for entry: rate covers the threshold 2.44×needs 0.160%+ per settlement
Liquidation price: 519.3829 (+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.

Funding history · 272 settlements

avg 7d -0.003%/havg 30d -0.001%/hCSV export — in PRO

How to read this

Snipe: enter short 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 short 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.