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SNXX — funding rate on Bitget

Bitget · SNXXUSDT
-0.017%per 8h · -0.002%/hlongs receive
last settlement-0.081%→upcoming payout-0.017%▼ cooling down
6:17:08settlement
0calmheat
Price (mark)
17.148
-13.0% 24h
Vol 24h
$42.3M
Open interest
$3.9M
Price move in 2 min
—

Price and skew

Liquidations
24h$110K$23K in an hour · ×6.0 the background
$109K longs$1K shorts
Longs were wiped — 99% of the total. $23K over the last hour.

Entry economics

Position calculator
Position size
$2,500
Funding per settlement (8h)
$0.42 · $0.05/hour
Net snipe per settlement
$-3.58 = 0.017% − 0.110% − 0.050%
Break-even for entry
rate covers the threshold 0.11×needs 0.160%+ per settlement
Liquidation price
13.8041 (−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 · 219 settlements
avg 7d 0.000%/havg 30d -0.000%/hCSV export — in PRO
SNXX on 3 exchanges
Binance-0.002%/h
longsrate -0.017% / 8hsnipe -0.143%
Bitget← you are here-0.002%/h
longsrate -0.017% / 8hsnipe -0.143%
Bybit0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%

Max spread across exchanges: +0.002%/h

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

3 exchanges on one timeline

Bybitevery 8hBinanceevery 8hBitgetevery 8hrate 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
0.0101%/h
24.09 01:00 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 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.