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+0.010%per 8h · +0.001%/hshorts receive
last settlement+0.001%→upcoming payout+0.010%• unchanged
4:03:32settlement
0calmheat
Price (mark)
0.01255
+8.5% 24h
Vol 24h
$2.0M
Open interest
$854K
Price move in 2 min
—
avg 7d
-0.003%/h
avg 30d
-0.001%/h
Price and skew
Liquidations
24h$10
$3 longs$7 shorts
Shorts were wiped — 66% of the total. Quiet over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $0.25 · $0.03/hour
- Net snipe per settlement
- $-3.75 = 0.010% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.06×needs 0.160%+ per settlement
- Liquidation price
- 0.014997 (+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 · 271 settlements
CORE on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Gate | -0.164% / 8h | -0.021%/h | longs | +0.004% |
| Bybit ← you are here | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Bitunix | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| OKX | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
Gate-0.021%/h
longsrate -0.164% / 8hsnipe +0.004%
Bybit← you are here+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Bitunix+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
OKX+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Max spread across exchanges: +0.022%/h
CORE across all exchanges: comparison & curves →Rates across exchangesPRO · free in beta
4 exchanges on one timeline
Bitunixevery 8hOKXevery 8hBybitevery 8hGateevery 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
0.0038%/h
widest spread
0.0187%/h
07.11 17:00 UTC · OKX ↔ Bybit
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.