← radar
BOT — funding rate on Bybit
Bybit · BOTUSDT-0.059%per 8h · -0.007%/hlongs receive
last settlement+0.102%→upcoming payout-0.059%▼ cooling down
2:14:02settlement
0calmheat
Price (mark)
21.96
+1.4% 24h
Vol 24h
$101K
Open interest
$275K
Price move in 2 min
—
avg 7d
-0.001%/h
avg 30d
-0.001%/h
Price and skew
Liquidations
24h$94
$0 longs$94 shorts
Shorts were wiped — 100% of the total. Quiet over the last hour.
Event life curvePRO · open for now
Across 12 closed events of this pair: a typical one lives 54m, the peak usually lands at minute 5–10
median across 12 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 6 of 12 cases
median — 0.07% accrued against a 0.06% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $1.47 · $0.18/hour
- Net snipe per settlement
- $-2.53 = 0.059% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.37×needs 0.160%+ per settlement
- Liquidation price
- 17.6778 (−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 · 270 settlements
BOT on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit ← you are here | -0.059% / 8h | -0.007%/h | longs | -0.101% |
| OKX | -0.051% / 8h | -0.006%/h | longs | -0.109% |
| Binance | -0.037% / 8h | -0.005%/h | longs | -0.123% |
| Bitget | 0.000% / 8h | 0.000%/h | shorts | -0.160% |
Bybit← you are here-0.007%/h
longsrate -0.059% / 8hsnipe -0.101%
OKX-0.006%/h
longsrate -0.051% / 8hsnipe -0.109%
Binance-0.005%/h
longsrate -0.037% / 8hsnipe -0.123%
Bitget0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%
Max spread across exchanges: +0.007%/h
BOT across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
4 exchanges on one timeline
Bybitevery 8hOKXevery 8hBitgetevery 8hBinanceevery 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
0.0036%/h
widest spread
0.0396%/h
05.11 17:00 UTC · Bitget ↔ 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 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.