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MTL — funding rate on Bitget
Bitget · MTLUSDT+0.005%per 4h · +0.001%/hshorts receive
last settlement+0.005%→upcoming payout+0.005%• unchanged
2:14:04settlement
0calmheat
Price (mark)
0.2419
-0.0% 24h
Vol 24h
$11K
Open interest
$162K
Price move in 2 min
—
avg 7d
+0.001%/h
avg 30d
-0.002%/h
Price and skew
Liquidations
24h$44
$44 longs$0 shorts
Longs were wiped — 100% of the total. Quiet over the last hour.
Event life curvePRO · open for now
Across 8 closed events of this pair: a typical one lives 6h 50m, the peak usually lands at minute 40–45
median across 8 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 3 of 8 cases
median — 0.20% accrued against a 2.28% 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
- 0.289071 (+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 (30)
before cut-off · 5m · the snipe window (30)
avg+0.29% | -0.31%
max-0.83%
after · 5m
avg+0.39% | -0.42%
max-1.61%
before cut-off · 15m
avg+0.40% | -0.43%
max+1.01%
after · 15m
avg+0.53% | -0.62%
max-1.41%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 25.10 16:00 | -0.219% | -0.04% | +0.45% |
| 25.10 12:00 | -0.374% | +0.30% | -0.07% |
| 17.09 09:00 | -0.054% | -0.28% | -0.50% |
| 17.09 08:00 | -0.052% | -0.07% | +0.18% |
| 17.09 07:00 | -0.070% | -0.21% | +0.21% |
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 30 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 554 settlements
MTL on 3 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Binance | -0.017% / 4h | -0.004%/h | longs | -0.143% |
| Bybit | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Bitget ← you are here | +0.005% / 4h | +0.001%/h | shorts | -0.155% |
Binance-0.004%/h
longsrate -0.017% / 4hsnipe -0.143%
Bybit+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Bitget← you are here+0.001%/h
shortsrate +0.005% / 4hsnipe -0.155%
Max spread across exchanges: +0.006%/h
MTL across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
3 exchanges on one timeline
Bitgetevery 4hBybitevery 8hBinanceevery 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
02.11 21:00 UTC · Bybit ↔ 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 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.