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EUL — funding rate on Bitget

Bitget · EULUSDT
+0.005%per 4h · +0.001%/hshorts receive
last settlement+0.005%→upcoming payout+0.005%• unchanged
3:38:47settlement
0calmheat
Price (mark)
1.417
-1.4% 24h
Vol 24h
$1.1M
Open interest
$2.2M
Price move in 2 min
—

Price and skew

Liquidations
24h$5K
$5K longs$0 shorts
Longs were wiped — 100% of the total. Quiet over the last hour.
Event life curvePRO · open for now
Across 7 closed events of this pair: a typical one lives 7h 56m, the peak usually lands at minute 95–100
median across 7 eventsmedian peak minute

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

How they ended: funding covered the adverse price move in 1 of 7 cases
median — 0.71% accrued against a 3.58% move

Entry economics

Position calculator
Position size
$2,500
Funding per settlement (4h)
$0.13 · $0.03/hour
Net snipe per settlement
$-3.88 = 0.005% − 0.110% − 0.050%
Break-even for entry
rate covers the threshold 0.03×needs 0.160%+ per settlement
Liquidation price
1.6933 (+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 (14)
before cut-off · 5m · the snipe window (14)
avg+0.29% | -1.36%
max-3.66%
after · 5m
avg+1.73% | -0.92%
max+4.62%
before cut-off · 15m
avg+0.75% | -1.68%
max-3.55%
after · 15m
avg+3.72% | -1.34%
max+6.57%
Cut-offRateBeforeAfter
03.08 04:00-0.603%-1.83%-1.04%
02.08 16:00-0.262%+0.63%0.00%
02.08 12:00-0.308%+1.18%-0.96%
01.08 16:00-0.303%-3.55%-1.68%
01.08 08:00-0.370%-0.08%+0.76%
PRO · open for now
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 14 settlements
average across settlementsspread: worst … best outcome

Context and comparison

Funding history · 543 settlements
avg 7d +0.001%/havg 30d +0.001%/hCSV export — in PRO
EUL on 3 exchanges

Max spread across exchanges: 0.000%/h

EUL across all exchanges: comparison & curves →
Rates across exchangesPRO · open for now

3 exchanges on one timeline

Bitgetevery 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
0.0000%/h
widest spread
0.0051%/h
18.09 09:00 UTC · 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 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.