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INIT — funding rate on Bitget
Bitget · INITUSDT-0.337%per 4h · -0.084%/hlongs receive
last settlement-0.027%→upcoming payout-0.337%▲ heating up
34:20settlement
4calmheat
Price (mark)
0.15502
+28.5% 24h
Vol 24h
$2.9M
Open interest
$1.5M
Price move in 2 min
—
avg 7d
0.000%/h
avg 30d
+0.001%/h
Price and skew
Liquidations
24h$6K
$6K longs$154 shorts
Longs were wiped — 97% of the total. $35 over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $8.42 · $2.1/hour
- Net snipe per settlement
- $4.42 = 0.337% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 2.10×needs 0.160%+ per settlement
- Liquidation price
- 0.124791 (−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 · 546 settlements
INIT on 5 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit | -1.133% / 4h | -0.283%/h | longs | +0.973% |
| Hyperliquid | -0.236% / 1h | -0.236%/h | longs | +0.076% |
| Binance | -0.725% / 4h | -0.181%/h | longs | +0.565% |
| Bitget ← you are here | -0.337% / 4h | -0.084%/h | longs | +0.177% |
| OKX | -0.214% / 4h | -0.054%/h | longs | +0.054% |
Bybit-0.283%/h
longsrate -1.133% / 4hsnipe +0.973%
Hyperliquid-0.236%/h
longsrate -0.236% / 1hsnipe +0.076%
Binance-0.181%/h
longsrate -0.725% / 4hsnipe +0.565%
Bitget← you are here-0.084%/h
longsrate -0.337% / 4hsnipe +0.177%
OKX-0.054%/h
longsrate -0.214% / 4hsnipe +0.054%
Max spread across exchanges: +0.230%/h
INIT across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
5 exchanges on one timeline
OKXevery 4hBitgetevery 4hBybitevery 4hBinanceevery 4hHyperliquidevery 1hrate 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
0.0063%/h
widest spread
0.252%/h
09.11 09:00 UTC · Bitget ↔ Hyperliquid
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.